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Marketed by
Lowestoft, Development Land Lowestoft, NR33 7NG
Use Class
E
Size
39,334.68 sq ft
Market Sector
Retail & Shopping Park
Key Features
Potentially suitable for retail, residential or other uses
Situated adjacent to Morrison’s supermarket
Available unconditionally or subject to planning
Description
FOR SALE FREEHOLD DEVELOPMENT LAND
The subject site is situated approximately 4 km south of Lowestoft town centre, on the western side of the A12 close to the roundabout where Tower Road joins London Road. It is situated to the west of the Morrisons store and fronts onto a small local road. We understand the site is not located in a Flood Zone or within a Conservation Area and does not have any Listed Buildings.
Location
Lowestoft is a key coastal town in Suffolk, located approximately 30 miles southeast of Norwich and accessible via the A12 and A47. As the easternmost town in the UK, it serves as a major centre for the surrounding region, with a district population of around 140,000 and over 85,000 people within a 15-minute drive time of the town centre (Source: StorePointGeo). The subject site is situated on the southern edge of Lowestoft, adjacent to the existing Morrisons store on Tower Road. The surrounding area is mixed use, which includes industrial, commercial and some residential areas. It benefits from its proximity to the A12, providing direct access to Lowestoft town centre and south towards Ipswich and the wider East Suffolk area.
Key Information
Further Infomation
Terms & Conditions
In order to comply with anti-money laundering legislation, the successful purchaser will be required to provide identification documents. The required documents will be confirmed to and requested from the successful purchaser at the point of agreeing heads of terms.
Accommodation
39,334.68 Sq.Ft
The subject site represents an opportunity for development for a range of uses, subject to securing the necessary planning permissions. Based on the approximate red line area shown on the site plan, it is estimated that the property extends to approximately 0.903 acres. (Source: Nimbus).
Financial
Costs
Each party is to bear their own legal costs incurred in any transaction.
Price
The freehold interest in the subject site is offered for sale either on an unconditional basis or by way of a subject to planning contract. Offers are invited on either or both bases.
Tenure Detail
The site is held freehold under Registered Title numbers SK259795, SK265127 and SK265126 The site offered for sale is outlined in red for identification purposes only on the site plan.
Terms & Conditions
In order to comply with anti-money laundering legislation, the successful purchaser will be required to provide identification documents. The required documents will be confirmed to and requested from the successful purchaser at the point of agreeing heads of terms.
Vat
VAT will apply in respect of the sale of this property.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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