Whapload Road, Lowestoft

Unit 6, Capitol Trading Estate, Lowestoft
A versatile commercial unit extending to approximately 2,439 sq ft (226.6 sq m), situated on the well-established Capital Trading Estate in Lowestoft.

Occupying a convenient position within one of the town's principal commercial and industrial locations, the property offers excellent access to the A12, Lowestoft town centre and the wider Suffolk and Norfolk road network.

The premises have been occupied as a music recording and rehearsal studio for approximately 20 years and are currently arranged to provide three principal studio rooms, a spacious reception area, lounge, multiple storage rooms and WC facilities. Whilst the existing layout has been designed for its current use, the accommodation offers excellent flexibility and could be adapted to suit a wide range of business requirements.

Subject to the necessary planning permission and/or change of use where required, the property is considered suitable for a variety of commercial uses including workshop, warehouse, storage, trade counter, retail showroom, office, leisure or other business occupiers. The internal partitioning could be retained, reconfigured or removed to create a more traditional industrial or workshop layout depending on an occupier's requirements.

The property is offered for sale at £140,000 by way of an assignment of the existing long leasehold interest, or alternatively to let at £1,000 per calendar month (£12,000 per annum) on terms to be agreed. The long leasehold interest was granted for a term of 99 years from 22 December 1987 and benefits from rights over the shared estate accessways and parking areas. Further lease information is available upon request.