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Retail in Lowestoft, England, UK

Lowestoft, United Kingdom

85%

£4.250.000

Retail

30 Nov 2021

#11946

Property Details

32,090 sq.ft.

2,981 m²

6.35 %

Freehold

3

1960

For sale

Broker

Investment Overview

Here is some additional information provided by the listing broker or authorized seller representative. Please contact us for further details.

The property benefits from prominent retail frontage onto the pedestrianised London Road North, with a well-configured store arranged over ground and two upper floors. The ground floor is largely used as a Marks & Spencer foodhall with the two upper floors used as storage and staff accommodation. Goods lifts provide direct access to the storage rooms on all floors from the loading bay, which is located at ground floor level and accessed via the side of the property on Grove Road. Prime high street situation in popular coastal town let to Marks & Spencer PLC, 5A1 covenant, until March 2027 Highly under rented -comparables available