Auction House UK · 21 Oct 2026 · in 2 days
A warehouse and storage facility with development potential
7 Queens Road, Lowestoft, Suffolk NR32 1TB · East of England
LiveIndustrialFreehold
- Guide
- £20,000
- Rent a year
- ≈£1,800est.
- Yield on the guide
- ≈8.8%est.
- Payback
- ≈11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
What it costs to own
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From what comparable lots actually sold for against their guide, in Cornerlot's results.
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Auction House UK hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
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Create an accountAbout the lot
Freehold industrial lot in Lowestoft.
Lot 144, Warehouse. A warehouse and storage facility with development potential: This former smoke house has been more recently used as a workshop and storage facility, however potential exists to redevelop the site for an alternative use subject to planning. The building is currently a two storey building with enclosed yard area to the front. It is located in a mainly residential area within a short distance of the railway station and town centre. The building comprises of various offices and storage rooms and is now in need of general improvement. Tenure: Freehold. The building: Approximately 150 sq/m (1,560 sq/ft). Business Rates: According to the Valuation Office website the workshop and premises has a current rateable value of £4,550 with effect from 1 April 2026. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: Keystone Law, Ref: Oliver Ray, Tel: 020 3319 3700
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.