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85-89 Bridge Road

10,896 SF Office Building Lowestoft NR32 3LN $633,778 ($58/SF)

Investment Highlights

  • The property is located off Bridge Road in Oulton Broad. The area is predominantly residential in form with a number of retail and leisure facilities
  • The site was previously used as an office with associated car parking
  • Bridge Road forms part of Oulton Broad and is located to the west of Lowestoft town centre, being approximately 25 miles southeast of Norwich

Executive Summary

The property comprises two separate elements being: ­ Office accommodation, which requires extensive refurbishment or demolition, totalling 10,896 sq ft (1012 sq m); and ­ Rear car parking area for approximately 60 cars. The office sits on site of approximately 0.296 acres with the car park being on the side of approximately 0.346 acres, giving a total development site of 0.642 acres (0.26 hectares).
The property is available on a freehold basis.
VAT will be charged on the sale price.
Price
Offers in excess of £500,000

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Building Size
10,896 SF
Building Class
B
Year Built
1890
Price
$633,778
Price Per SF
$58
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,632 SF
Building FAR
0.41
Lot Size
0.61 AC
Parking
60 Spaces (5.51 Spaces per 1,000 SF Leased)

Amenities

  • Energy Performance Rating - E
  • Listing ID: 33165616

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 85-89 Bridge Road, Lowestoft NR32 3LN

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