DIY Retail Warehouse Investment

Located in Lowestoft’s dominant retail warehousing destination, adjacent to the Morrisons-anchored North Quay Retail Park. Purpose-built DIY retail warehouse totalling 29,869 sq ft GIA together with an external builders yard. Situated adjacent to the new Gull Wing Bridge development, a major infrastructure project which will boost trade and increase immediate accessibility from south Lowestoft. Fully-let to the excellent covenant of Wickes Building Supplies Ltd for a further 6.3 years to lease expiry. Total passing rent of £446,240 per annum. Strong historical store trading performance. 120 car parking spaces providing an excellent ratio of 1:245 sq ft. Wide Bulky Goods (now Class E) planning consent with no restrictions on sub-division or unit sizes. Freehold site of approximately 3.11 acres.