69 London Road North, Lowestoft, Suffolk, NR32 1LS

An interesting commercial investment property in the popular seaside town of Lowestoft. The property is fully let, but also offers the potential to add value, with approved planning consent to build 2 flats in the air space above the current single storey structure.

The current layout presents a single storey retail space with approximately 74m² (800ft²) of sales area and a further store/staff room and cloakroom totalling 7.4m² (80ft²).

Outside, there is a generous rear yard, with separate side access.

The property is fully let to VPZ on a 10 year lease from the 5th June 2019, at a rent of £26,000 pax. The full repairing and insuring lease has a break and rent review at the end of the 5th year.

69 London Road North presents a wonderful chance to acquire a high yielding investment opportunity, that also offers a rare chance to add significant value through the construction of the first and second floor flats in the air space above.