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311-314 Whapload Rd 18,919 SF Flex Building Lowestoft NR32 1UL $1,372,699 CAD ($72.56 CAD/SF)



Investment Highlights
- 0.23 acres.
- Planning permission granted.
- Freehold.
Executive Summary
Whapload Road is a street located in the town of Lowestoft in Suffolk, England. The road runs in a north-south direction and is approximately 1.5 miles long. It starts at the A12 roundabout in the north and ends at the Bascule Bridge in the south, which crosses the River Waveney and leads to the neighbouring town of Oulton Broad. Whapload Road is a busy thoroughfare and is lined with a variety of businesses, including shops, restaurants, and pubs. There are also several residential areas along the road. One of the notable landmarks on Whapload Road is the Marina Theatre, a historic venue that hosts a variety of performances, including plays, musicals, and concerts. Overall, Whapload Road is an important part of the town's infrastructure and is a popular destination for both locals and visitors. Historically, Lowestoft was a fishing town and port, with a thriving industry based on herring fishing. However, in recent years, the fishing industry has declined, and the town has become more focused on tourism and services. Lowestoft is known for its long, sandy beach, which stretches for several miles along the coast. The town also has a number of tourist attractions, including the Lowestoft Maritime Museum, the East Anglia Transport Museum, and Ness Point, which is the most easterly point in the UK.
Consented development for sale by auction The land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which works have substantially commenced. Planning permission has been granted in three phases. Phase 1 - Conversion of existing four storey building to provide four ground floor commercial studio’s and 12 residential apartments on the upper floors. (Part completed). Phase 2 - Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above. Phase 3 - Conversion of Listed warehouse unit into two ‘live work’ units consisting of ground floor studio commercial space with two, two-bedroom apartments above. **For sale by online auction (subject to sale prior, reserve and conditions)** 0.23 acres Freehold Planning permission granted Planning consent granted for the development of the site in three phases comprising: • x18 residential apartments • x6 commercial units • Conversion of a listed building into x2 live work units consisting of ground floor studio commercial space with x2, two-bedroom apartments above.
Consented development for sale by auction The land as it exists extends to approximately 0.23 acres and consists of a number of buildings some of which works have substantially commenced. Planning permission has been granted in three phases. Phase 1 - Conversion of existing four storey building to provide four ground floor commercial studio’s and 12 residential apartments on the upper floors. (Part completed). Phase 2 - Conversion of existing building to provide two ground floor commercial studios and 6 residential apartments above. Phase 3 - Conversion of Listed warehouse unit into two ‘live work’ units consisting of ground floor studio commercial space with two, two-bedroom apartments above. **For sale by online auction (subject to sale prior, reserve and conditions)** 0.23 acres Freehold Planning permission granted Planning consent granted for the development of the site in three phases comprising: • x18 residential apartments • x6 commercial units • Conversion of a listed building into x2 live work units consisting of ground floor studio commercial space with x2, two-bedroom apartments above.
Property Facts
| Price | $1,372,699 CAD | Lot Size | 0.23 AC |
| Price Per SF | $72.56 CAD | Rentable Building Area | 18,919 SF |
| Sale Type | Investment | No. Stories | 4 |
| Tenure | Freehold | Year Built | 1960 |
| Property Type | Flex | Tenancy | Single |
| Price | $1,372,699 CAD |
| Price Per SF | $72.56 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Flex |
| Lot Size | 0.23 AC |
| Rentable Building Area | 18,919 SF |
| No. Stories | 4 |
| Year Built | 1960 |
| Tenancy | Single |
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
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311-314 Whapload Rd
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