Whapload Road, Lowestoft Annual Rental Of £5,400 (£104 pw)

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    Whapload Road

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  • Unit Size Area 584 ft2 (54m2)
  • Office 67 ft2 (6.56 m2)
  • First floor storage 67 ft2 (6.56m2)
  • 3 phase electricity
  • Shared adjoining yard
  • Established Trading Area
  • Good Visablity from the Main Road
  • Area Dominated by Vehicle Traders
  • Close to the Town Center

An Excellent Opportunity for a Small Trader to obtain a two bay property with display doors, an office and share of a small rear yard. The Beach Estate in Close to the Town Center.


Rooms

Ground Floor - Workshop - 31' 1'' x 18' 11'' (9.48m x 5.76m) 54 m2 (584 ft2)

With up and over door.

First Floor

Storage

Shared Adjoining Yard

Services

We understand the water, drainage and electricity are connected to the property and 3 phase electricity.

Business Rates

2010 Rateable Value is estimated at £2,320. The amount payable in the £ for 2016/17 is 48.4p. Please check with Waveney District Council to see about a rate relief, as this RV is under £12,000 Business Support Scheme.

Term

The property is available to let for a period to be agreed but preferably 3 years.

Rent

£5,400 per annum exclusive of all other bills plus insurance.

Lease

The landlord uses a law-society simple lease which could be prepared within seven working days, after tenant checks. A 3 month rental deposit is required. The tenant pays £250 plus VAT for the legal work and a photographic schedule costing £200 plus VAT to support the lease.

Ground Floor - Office - 7' 7'' x 9' 4'' (2.32m x 2.85m) 6.56 m2 (67 ft2)

Small business rate relief

You can get small business rate relief if you only use one property and your property’s rateable value is less than £12,000. You’ll get 100% relief until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won’t pay business rates on properties with a rateable value of £6,000 or less. The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000.


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Nearby Places

Name Location Type Distance
Whapload Road
Lowestoft NR32 1UL
County: Suffolk
Sale Type: For Rent
Ref #: L1861/06/16