Summary - Harbour Garage,Harbour Road,LOWESTOFT,NR32 3LZ NR32 3LZ
1 bed 1 bath Workshop
Turnkey freehold industrial investment with immediate rental income potential.
Large newly refurbished industrial unit, approx. 1,998 sq ft
Sold as freehold with current five-year tenancy in place
Includes office, kitchenette, separate toilet and 4-tonne lift
Secure on-site container for extra storage
No regular service charges; qualifies for business rates exemption
Off-street parking and strong passing trade on busy estate
Roller door to be installed — not yet fitted
High flood risk; factor mitigation and insurance costs
A spacious, newly refurbished industrial unit on Harbour Road offered as freehold — ideal for an investor seeking immediate income. The property is currently let on a five-year lease, providing predictable rental returns and minimal hands-on management. On-site features include a fitted office, kitchenette, separate toilet, and a secure storage container for extra capacity.
The interior has been professionally updated with repaired and refinished floors, restored metalwork, installed mains lighting, and a 4-tonne lift suitable for vehicle or heavy-duty trade use. There is off-street parking and excellent transport links via the A146 and nearby Oulton Broad North railway station, supporting tenant convenience and business access.
Practical advantages include no regular service charges (at freeholder discretion) and qualifying business rates exemption — both reduce ongoing costs. A roller door is due to be installed to improve security further; until then a personal access door provides staff entry. The unit’s location on a busy industrial estate offers strong passing trade and visibility for commercial operators.
Buyers should note the site sits in a high flood-risk area; any continued commercial use or future redevelopment will need appropriate flood mitigation and insurance considerations. The property is currently tenanted, so immediate occupation by an owner-operator would require agreeing terms with the incumbent. Overall, this is a turnkey industrial investment with practical fit-out and clear potential for rental growth or owner occupation after lease expiry.
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