Retail in NR32 available for sale
3

Retail Properties for Sale near NR32, Lowestoft

Find Retail Property for sale in NR32 that meets your business or investment goals

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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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Retail Properties for Sale Within 5 miles of the NR32, Lowestoft

More details for 83 Magdalen Way Way, Great Yarmouth - Retail for Sale

83 Magdalen Way Way

Great Yarmouth, NR31 7AA

  • Retail for Sale
  • £275,000
  • 542 sq ft

Great Yarmouth Retail for Sale - Gorleston-on-Sea

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor retail shop and a 3-bed flat at first/second floor Property benefits from rear service yard and parking for 2 cars Nearby occupiers include Morrisons, Coral, Post Office and Lloyds Pharmacy. Property Description: Mid-terrace building comprising retail shop at ground floor and 3-bedroom flat at first/second floor. The property benefits from rear service yard with 2 parking spaces and provides the following accommodation and dimensions: Ground Floor Shop: 74 sq m (796 sq ft) Open plan retail, Storage, Kitchenette, WC First/Second Floor Flat: 77 sq m (830 sq ft) 3 Bedrooms, Living Room, Kitchen, Bathroom/WC Total GIA: 151 sq m (1,626 sq ft) Tenancy: The retail shop is at present let to an Individual for a term of 12 years from 29th September 2023 at a current rent of £9,100 per annum and the lease contains full repairing and insuring covenants. Deposit held of £3,600. The residential flat is at present let on AST to an Individual for a term of 12 months from 13th June 2023 at a current rent of £7,800 per annum. Location: Gorleston-on-Sea, known colloquially as Gorleston, is a town in the Borough of Great Yarmouth, in Norfolk, England. The town lies approx. 3 miles south of Great Yarmouth and benefits from good road links via the A12. The property is located close to the junction with Stuart Close within an established retail parade, with occupiers nearby including Morrisons`s Daily, Coral, Post Office, Lloyds Pharmacy and Barnardo’s, amongst others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

21/09/2022

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More details for 267 London Rd S, Lowestoft - Retail for Sale

267 London Rd S

Lowestoft, NR33 0DS

  • Retail for Sale
  • £155,000
  • 1,918 sq ft
  • 24 Hour Access

Lowestoft Retail for Sale

For sale via secure sale online bidding - terms and conditions apply. A fantastic opportunity to acquire a spacious and versatile mixed-use property, ideally located on London Road South in the vibrant Kirkley district, just a short distance from Lowestoft’s popular South Beach. Arranged across three floors, the property combines a ground floor commercial unit with a three-bedroom flat above, making it a fantastic option for those looking to combine business and living accommodation, or for investors seeking a flexible and income-generating opportunity. Its prominent position provides excellent visibility and benefits from high levels of passing trade, while also being close to local shops, amenities, town centre, award winning beaches and tourist attractions. The ground floor features a bright and welcoming retail space with wide shop frontage and large display windows, complemented by a treatment room, WC, and kitchen to the rear. On the first floor, the layout currently comprises of a lounge and bedroom, (currently being used as treatment rooms), a storage cupboard, bathroom, and a further kitchen. We have been advised a new boiler has just been fitted with 7 year warranty. The second floor offers additional flexible accommodation, currently arranged as an office and storage area (previously 2 double bedrooms), but easily adaptable to residential or commercial use.With its prime location, adaptable layout, and competitive price, 267 London Road South represents an excellent opportunity for business owners, developers, or investors to secure a prominent and versatile property in one of Lowestoft’s most sought-after areas Please note we have not inspected this property.

Contact:

Pattinson Commercial

Property Subtype:

Shopfront

Date on Market:

04/12/2025

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FAQs About Retail Property For Sale in NR32

See All Retail Spaces For Sale
How many retail properties are currently available for sale in NR32?
There are currently 3 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in NR32?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the NR32, Lowestoft

With 3 retail units currently available for sale in NR32, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in NR32, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in NR32, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in NR32 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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