NR32 1LJ - Commercial property for sale in Surrey Street, Lowestoft, S…

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Commercial property for sale in Surrey Street, Lowestoft, Suffolk, NR32

Summary - 13, SURREY STREET NR32 1LJ

10 bed 2 bath Commercial Property

Spacious three-storey freehold with conversion potential in central Lowestoft..
Freehold three-storey Victorian office with period features
Chain-free sale; immediate vacant possession potential
Spacious 2,452 sq ft across multiple rooms and stores
Requires significant refurbishment and modern heating upgrade
Small forecourt and unfenced rear parking only
Located in very deprived area with very high crime rates
Conversion potential subject to planning and consents
Fast broadband and excellent mobile signal on site
A substantial three-storey Victorian office in Lowestoft city centre, offered freehold and chain-free. The property provides generous floorplates across ground, first and second floors with original period features such as bay windows and fireplaces, presenting clear potential for conversion to residential flats, HMO, or alternative commercial uses subject to necessary consents.

The building is genuine value for investors or developers who can manage a refurbishment project. Services are basic (night storage heating) and many internal areas are dated, so a program of modernisation is required to unlock rental or sale value. Broadband is fast and mobile signal is excellent, supporting immediate business continuity while works are planned.

Buyers should note material constraints: the area is classified as very deprived with very high local crime levels, and the neighbourhood profile points to constrained renters. Parking is limited to a forecourt and an unfenced rear parking area; the plot is small. These factors affect tenant mix, rental assumptions and financing options, but at the listed price the property offers scope for uplift after refurbishment or reconfiguration.

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