Auction House London

Lot 193

Mixed Use - Commercial Property 

45 London Road North

Lowestoft, Suffolk, NR32 1BH

£180,000+

Guide Price (plus fees)

A Vacant Mid Terrace Building Arranged to Provide a Ground Floor Shop with First, Second and Third Floor Ancillary Accommodation. Offered with Planning Permission to Convert the Upper Floors to Three Self-Contained Flats (1 x Two Bedroom, 2 x One Bedrooms).

Description

The property comprises a mid terrace building arranged to provide a ground floor shop with first, second and third floor ancillary accommodation.

Tenure

Freehold

Location

The property is situated on a pedestrianised road close to local shops and amenities. The open spaces of Normanston Park are within easy reach. Transport links are provided by Lowestoft rail station.

Planning

East Suffolk Council granted the following planning permission (ref: DC/22/2964/FUL) on 10th October 2022: 'Change of use of commercial storage spaces into new dwellings on the upper floors. Facade changes including upgrade of Shop Frontage, windows and doors to both front and rear. Soft and hard landscaped areas to rear of development'.

Proposed Accommodation

Ground Floor
Shop Area

First Floor Flat
Reception Room
Kitchen
Two Bedrooms
Bathroom

Second Floor Flat
Bedroom
Kitchen
Bathroom

Third Floor Flat
Bedroom
Kitchen
Bathroom

EPC Rating

E

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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