to let – a1 retail unit

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TO LET – A1 RETAIL UNIT

LOWESTOFT – 37 LONDON ROAD NORTH Location

Term

Lowestoft is a busy coastal resort and regional market town, located approximately 30 miles south east of Norwich and 45 miles north east of Ipswich. The property occupies a prime location on the fully pedestrianised London Road North which forms the retail core of Lowestoft town centre. The property is situated directly opposite HSBC and adjacent to McDonalds. Other occupiers in the vicinity include Costa Coffee, Nationwide, Boots Opticians and Subway.

Accommodation

The property is arranged over two floors, providing the following areas: Ground FF Total

3,776 sq ft 1,354 sq ft 5,130 sq ft

350.8 sq m 125.8 sq m 476.6 sq m

The property is available by way of a new effectively FRI Lease for a term to be agreed.

Rent

£55,000 per annum exclusive

Rates

We are informed by the Local Rating Authority that the rates assessed are as follows: Rateable Value:

£48,806 (2017/2018)

Rates Payable: (2017/2018)

£23,662 per annum

Note: Interested parties are advised to verify these figures with the Local Authority

KnightFrank.co.uk/Retail

Plan not to scale. Experian Goad Plan created 27/01/17. Created by Knight Frank. Copyright and Confidentiality, 2016. © Crown Copyright and Database Rights 2016 OS100019885.

Service Charge

The Service Charge attributable for this unit is available on request

EPC

Certificate available on request.

Legal

Each party is responsible for its own legal costs incurred in this transaction.

Viewing

For further information, please contact : Josh Braid +44 (0) 207 861 1176 [email protected] Mike Wimble +44 (0) 207 861 1569 [email protected] SUBJECT TO CONTRACT

The property is being marketed for let on behalf of Joint LPA Receivers (acting as agent for the registered proprietors) and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer. Important Notice: 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP, nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. This document contains Computer Generated Images. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered oce is 55 Baker Street, London W1U 8AN, where you may look at a list of members' names. Particulars produced January 2017. Photo’s taken January 2017.