Property for sale in School Road Lowestoft NR33

Sale Price: £6,850

School Road Lowestoft, NR33 9NW

Property
-- Bed(s)
-- Bath(s)
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Street Address

School Road Lowestoft, NR33 9NW

Property description

A modern utility warehouse with office of 1,044sq ft (97m2).The Quayside Business Centre comprises of a small well maintained easy access industrial estate on the south side of Lake Lothing nearby the Marina but convenient for most areas of Lowestoft. Good access from School Road and Heath Road. This Unit mainly comprises of a modern warehouse with a good quality office space within.

Front Office - 21.10 m2 (227.1 ft2)

Kitchenette & DDA WC - 0‘ 0‘‘ x 0‘ 0‘‘ (0m x 0.00m)

GIA
97m2 (1,044 sq ft)

Car Parking
1 Space + 1 Shared (at the side)

Service Charge
A service charge is levied at the rate of £0.50 psf per annum to include external building maintenance, roller shutter door servicing, annual boiler servicing, buildings insurance, landscaping and common area maintenance.

Business Rates
2010 Rateable value is £3,950. The 2017 Draft Valuation is £5,400.The amount payable in the £ for 2016/17 is 48.4p for Properties with Rateable Values less than £18,000.Small business rate relief - You can get small business rate relief if you only use one property and your property‘s rateable value is less than £12,000. You‘ll get 100% relief until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won‘t pay business rates on properties with a rateable value of £6,000 or less. The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000.

Tenure
Leasehold - Leases are for multiples of 3 years on FRI Terms. Plus small service charge.

Services
Mains water, electricity and drainage are believed to be present.

Legal Costs
Low cost quick Law Society Lease setup. The in-going tenant will pay £250 plus VAT for the lease setup and £200 plus VAT For a photographic schedule. A 3 month rental bond is required and rent to be paid one month in advance.

Property Features :

  • Office Area 227.11 ft2 (21.10 m2)
  • Quality Environment
  • Warehouse 817 ft2 (75.90 m2)
  • Full Height Vehicle Door
  • 2 car parking spaces with more nearby
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