Commercial Property in NR32 available for sale
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Commercial Properties for Sale in NR32, Lowestoft

Explore the Latest NR32 Commercial Property for Sale

More details for 311-314 Whapload Rd, Lowestoft - Light Industrial for Sale

311-314 Whapload Rd

Lowestoft, NR32 1UL

  • Light Industrial for Sale
  • £740,000
  • 18,919 sq ft
  • Commuter Rail
  • 24 Hour Access

Lowestoft Light Industrial for Sale

Whapload Road is a street located in the town of Lowestoft in Suffolk, England. The road runs in a north-south direction and is approximately 1.5 miles long. It starts at the A12 roundabout in the north and ends at the Bascule Bridge in the south, which crosses the River Waveney and leads to the neighbouring town of Oulton Broad. Whapload Road is a busy thoroughfare and is lined with a variety of businesses, including shops, restaurants, and pubs. There are also several residential areas along the road. One of the notable landmarks on Whapload Road is the Marina Theatre, a historic venue that hosts a variety of performances, including plays, musicals, and concerts. Overall, Whapload Road is an important part of the town's infrastructure and is a popular destination for both locals and visitors. Historically, Lowestoft was a fishing town and port, with a thriving industry based on herring fishing. However, in recent years, the fishing industry has declined, and the town has become more focused on tourism and services. Lowestoft is known for its long, sandy beach, which stretches for several miles along the coast. The town also has a number of tourist attractions, including the Lowestoft Maritime Museum, the East Anglia Transport Museum, and Ness Point, which is the most easterly point in the UK. Consented development for sale by auction The land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which works have substantially commenced. Planning permission has been granted in three phases. Phase 1 - Conversion of existing four storey building to provide four ground floor commercial studio’s and 12 residential apartments on the upper floors. (Part completed). Phase 2 - Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above. Phase 3 - Conversion of Listed warehouse unit into two ‘live work’ units consisting of ground floor studio commercial space with two, two-bedroom apartments above. **For sale by online auction (subject to sale prior, reserve and conditions)** 0.23 acres Freehold Planning permission granted Planning consent granted for the development of the site in three phases comprising: • x18 residential apartments • x6 commercial units • Conversion of a listed building into x2 live work units consisting of ground floor studio commercial space with x2, two-bedroom apartments above.

Contact:

Fisher German LLP

Date on Market:

08/04/2026

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More details for 141 London Rd N, Lowestoft - Retail for Sale

141 London Rd N

Lowestoft, NR32 1ND

  • Retail for Sale
  • £895,000
  • 33,050 sq ft
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More details for 113 London Rd N, Lowestoft - Retail for Sale

113 London Rd N

Lowestoft, NR32 1LX

  • Retail for Sale
  • £250,000
  • 1,291 sq ft

Lowestoft Retail for Sale

Investment Consideration: Gross Initial Yield: 5.33% Rental Income: £20,000 p.a. VAT is applicable to this property Comprises large corner ground floor shop and a vacant self-contained ancillary accommodation above Planning approved for conversion of upper floors into 5-bedroom student HMO Located in the heart of the town centre with occupiers nearby including Marks & Spencer, Tesco Express, Iceland, B&M, Superdrug, Boots the Chemist, Starbucks, Greggs and Sports Direct Property Description: Comprises three-storey corner building arranged as a ground floor shop t/a Mobile Phone Shop and self-contained ancillary accommodation at first and second floor accessed from the rear. The property benefits from parking for 2 cars at rear and provides the following accommodation and dimensions: Ground Floor: 120 sq m (1,291 sq ft) Open plan retail, Office, Kitchenette, WC First Floor: 120 sq m (1,291 sq ft) 3 Rooms, Bathroom Second Floor: 22 sq m (237 sq ft) 2 Rooms Development Opportunity: DC/24/3905/FUL Planning approved in January 2025 for conversion of first and second floor to a 5-bedroom student HMO. The planning has been designed as per existing layout without the need for any structural amendments, providing the following accommodation and dimensions: Approved First Floor: Bedroom 1 - 12.36 m (133 sq ft) Bedroom 2 - 10.30 sq m (111 sq ft) Bedroom 3 - 13.24 sq m (143 sq ft) Bedroom 4 - 14.30 sq m (154 sq ft) Communal kitchen/dining - 30.34 sq m (327 sq ft) 2 Communal bathrooms - 15.24 sq m (164 sq ft) Approved Second Floor: Bedroom 5 - 17.00 sq m (183 sq ft) En-Suite - 3.17 sq m (34 sq ft) Total approved GIA: 115.95 sq m (1,249 sq ft) For more information, please refer to East Suffolk Planning portal: Tenancy: The ground floor shop is at present let to T&S Mobile Repair Ltd (with personal guarantee) for a term of 10 Years from 27th August 2024 at a current rent of £20,000 p.a. and the lease contains full repairing and insuring covenants. Rent review (RPI linked) on 27.08.29. Tenant option to determine on 27.08.29 with minimum 6 months notice. Lease within Landlord & Tenant Act 1954. Deposit held of £5,000. Tenant pays reduced rent of £18,000 p.a. for the first year. The vendor will top-up rent so the buyer receives the equivalent to £20,000 p.a. from completion Location: Lowestoft is a coastal town and civil parish in the East Suffolk district of Suffolk, England. As the most easterly UK settlement, it is 110 miles north-east of London, 38 miles north-east of Ipswich and 22 miles south-east of Norwich, and the main town in its district. The property is situated 300 metres from Lowestoft Railway Station with nearby occupiers including Marks & Spencer, Tesco Express, Iceland, B&M, Superdrug, Boots the Chemist, Starbucks, Greggs and Sports Direct.

Contact:

Blue Alpine Partners Ltd

Date on Market:

30/06/2023

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More details for 179 London Rd N, Lowestoft - Retail for Sale

179 London Rd N

Lowestoft, NR32 1HG

  • Retail for Sale
  • £190,000
  • 1,320 sq ft
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FAQs about Commercial Properties For Sale in NR32

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How many Commercial Property listings are available for sale in NR32?
There are currently 7 Commercial Properties available for sale near NR32. These NR32 Commercial Property listings have an average size of. The largest available listing in NR32 is. The thriving commercial centre and excellent transport links in NR32 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NR32?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in NR32 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in NR32?
There is a diverse range of commercial properties available in NR32 to suit various business needs. NR32 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 7 NR32 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the NR32, Lowestoft

You searched for commercial property for sale in NR32. Explore 7 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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