Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Vacant former bank building
Prominent position on the pedestrianised London Road North in Lowestoft town centre
Approx. 441.94 sq. m. (4,757 sq. ft.) arranged over ground, first and second floors
Asset management or redevelopment opportunities
Nearby occupiers include Marks & Spencer's Foodhall, Waterstones, New Look, Boots, Costa Coffee, Timpson and Greggs
Not elected for VAT
Lot 19
Auction 11th December 2025
Vacant Possession
Status Available
Guide* £200,000
Sector Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
26 miles south east of Norwich, 38 miles north east of Ipswich
Roads
A47, A12, A146
Rail
Lowestoft Railway Station
Air
Norwich International Airport
Situation
The property is situated within Lowestoft town centre on the western side of London Road North, at its junction with Gordon Road, in a prominent position along the town’s main retail thoroughfare and some 100 metres from Lowestoft Railway Station. Nearby occupiers include Marks & Spencer's Foodhall, Waterstones, New Look, Boots, Costa Coffee, Timpson and Greggs.
Tenure
Freehold.
Location
Miles
26 miles south east of Norwich, 38 miles north east of Ipswich
Roads
A47, A12, A146
Rail
Lowestoft Railway Station
Air
Norwich International Airport
Situation
The property is situated within Lowestoft town centre on the western side of London Road North, at its junction with Gordon Road, in a prominent position along the town’s main retail thoroughfare and some 100 metres from Lowestoft Railway Station. Nearby occupiers include Marks & Spencer's Foodhall, Waterstones, New Look, Boots, Costa Coffee, Timpson and Greggs.
Tenure
Freehold.
Description
The property comprises an attractive Grade II Listed former bank building arranged over ground, first and second floors.
VAT
Not elected for VAT.
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive Grade II Listed former bank building arranged over ground, first and second floors.
VAT
Not elected for VAT.
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Ground First Second
Retail Ancillary Ancillary
236.27 134.12 71.55
(2,543) (1,444) (770)
VACANT
Total
441.94
(4,757)
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
