This notable mixed-use freehold property presents an excellent investment opportunity, comprising a former car showroom with an expansive workshop, office spaces, and a two-level residential flat. Set on a sizable 0.36-acre site in a bustling area of Lowestoft, the property is positioned within one of the town's key commercial zones along London Road South.
The premises feature generous ground floor showroom space at the front, complemented by a large workshop at the rear and several private offices alongside essential amenities such as restrooms. The layout is adaptable; it could potentially be subdivided for multiple business tenants or adapted into separate commercial units with the necessary approvals.
Currently, the self-contained flat situated above is vacant and in need of comprehensive refurbishment, offering a prime chance for enhancing its value through renovation. Furthermore, ample parking and yard areas are available both at the front and back of the property, together with an additional brick-built storage unit located at the rear. Accessibility is optimal from St John’s Road and London Road South, catering to varied operational needs.
Given its strategic location with significant foot traffic and proximity to Lowestoft's town centre, beach, train station, and high street, this property can accommodate diverse commercial activities ranging from retail to leisure ventures. The total area spans approximately 15,495 sq ft (0.36 acres), with potential development opportunities pending planning approval. The commercial aspect holds a rateable value of £44,750 while awaiting clarification on residential EPC ratings.
