Property for sale in Commercial Road Lowestoft NR32

Sale Price: £110,000

Commercial Road Lowestoft, NR32 2TD

Property
-- Bed(s)
-- Bath(s)
Not Available Anymore

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Street Address

Commercial Road Lowestoft, NR32 2TD

Property description

FOR SALE BY PUBLIC AUCTION ON THURSDAY 24th SEPTEMBER 2015. Guide Price £110,000.
In this Very visible Town Centre Location in the middle of the Fast Food sector Freehold Public House with 2 storeys of living accommodation currently vacant.

The Ground Floor would suit a variety of uses and has useful basement storage.

There is a separate access to the first floor and a rear access.




Bar - 16' 2'' x 42' 4'' (4.932m x 12.9m)
With bar service area.

Rear Bar - 11' 1'' x 5' 2'' (3.37m x 1.569m)

Boiler Room

Gents and Ladies Toilets

Lobby
Access to Basement

Basement
Spirit Store and Cellar

First Floor
Kitchen, Sep,. WC, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3

Second Floor
Bedroom 4, Bedroom 5, Bedroom 6

Services
Mains water, electricity and drainage. Gas central heating.

Business Rates
2010 Rateable Value is £6,250. The amount payable in the £ for 2015/16 is 48p.

Possession
The property can be sold with vacant possession. Currently the first and second floor rooms are vacant. A schedule of rents can be supplied.

VAT
VAT is payable at 20%. The property will be sold on an inclusive basis.

Price Information
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.

Property Features :

  • Town Centre Location
  • No Brewery Ties
  • Living Accommodation on upper floors currently let
  • Basement
  • Ground floor would suit a variety of uses
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