Property description

This is a modern mixed office showroom and office unit.Lowestoft Enterprise Park comprises of a small well maintained easyaccess industrial estate on the south side of Lake Lothing nearby theMarina but convenient for Lowestoft town centre. Good access fromSchool Road and Heath Road.This Commercial Unit measures 1334 sq ft (124 m2) with a ground flooroffice space.

Ground Floor Workshop
102.30 m2 (1101.15 ft2)

Ground Floor Office
21.60 m2 (232.5 ft2)

Kitchenette & DDA WC
7.39m2 (79.5 sq ft)

GIA
123.90 m2 (1333.65 ft2)

Car Parking
2 Spaces

Business Rates
2010 Rateable value is £6,300.The amount payable the £ for 2015/16 is 49.3p for rateable values over £18,000 and 48p for Properties 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, gas and drainage are believed to be present.

Legal Costs
Both parties will be responsible for their own legal costs.

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.

VAT
The property is VAT registered.

Property Features :

• Floor Area 1334 ft2 (124 m2) of warehousing space
• Convenient for Town Centre
• Light Industrial / Warehouse Use
• Full Height Vehicle Door
• 2 car parking spaces