New 5 year lease from 2nd September 2025 (No breaks)
Approx. 262.71 sq m (2,827 sq ft)
Prominent position on pedestrianised High Street
Nearby occupiers include Boots, Marks & Spencer, Waterstones, JD Sports, TG Jones, Sports Direct, Peacocks, Go Outdoors & Greggs.
Lot 30
Auction 26th March 2026
Rent £40,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
10 miles south of Great Yarmouth, 27 miles south-east of Norwich
Roads
A12, A146, A11, M11
Rail
Lowestoft Railway Station
Air
Norwich International Airport
Situation
The property is situated in a prominent position on London Road North, Lowestoft's prime pedestrianised retailing thoroughfare. The property benefits from being less than 200 metres from Lowestoft Railway Station. Nearby occupiers include Marks & Spencer, Boots, Waterstones, JD Sports, TG Jones, Sports Direct, Peacocks, Go Outdoors & Greggs.
Tenure
Freehold.
Location
Miles
10 miles south of Great Yarmouth, 27 miles south-east of Norwich
Roads
A12, A146, A11, M11
Rail
Lowestoft Railway Station
Air
Norwich International Airport
Situation
The property is situated in a prominent position on London Road North, Lowestoft's prime pedestrianised retailing thoroughfare. The property benefits from being less than 200 metres from Lowestoft Railway Station. Nearby occupiers include Marks & Spencer, Boots, Waterstones, JD Sports, TG Jones, Sports Direct, Peacocks, Go Outdoors & Greggs.
Tenure
Freehold.
Description
The property comprises a large ground floor shop with first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large ground floor shop with first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
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
Term
Rent p.a.x.
Ground First
Retail Ancillary
200.94 61.77
(2,162) (664)
THE WORKS STORES LIMITED (t/a The Works)
5 years from 02/09/2025
£40,000
Total
262.71
(2,827)
£40,000
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.
