Guide price
£50,000
Retail premises for sale43 Raglan Street, Lowestoft, Suffolk NR32
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 09 Dec 2026 at 10:00
Venue: Livestream Auction
Freehold corner shop with one bedroom apartment
An excellent opportunity to acquire a mixed use investment property situated in Lowestoft, comprising a ground floor corner shop together with a self contained one bedroom apartment. The entire ground floor accommodation is offered with vacant possession, providing an incoming purchaser with the opportunity to secure new tenants and establish an valuable income stream.
The first floor accommodation has previously been sold off on a long lease of 125 years, and the property is therefore being offered subject to this existing leasehold interest.
Despite the first floor having been sold off on a long lease, the ground floor accommodation offers considerable investment potential, with potentially deliver double digit yields.
An appealing proposition for investors seeking a mixed use property with immediate income producing potential.
Accommodation
Shop, internal door to Kitchen, sitting room, bedroom, shower room. The apartment also has separate access and could therefore be self contained. The first floor has not been inspected.
Shop
Current rateable value (1 April 2026 to present)
£2,450
Council Tax Band
A
EPC Rating: 3 - C, 3A - D
Additional Fees
Buyers Premium: £720 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Freehold corner shop with one bedroom apartment
An excellent opportunity to acquire a mixed use investment property situated in Lowestoft, comprising a ground floor corner shop together with a self contained one bedroom apartment. The entire ground floor accommodation is offered with vacant possession, providing an incoming purchaser with the opportunity to secure new tenants and establish an valuable income stream.
The first floor accommodation has previously been sold off on a long lease of 125 years, and the property is therefore being offered subject to this existing leasehold interest.
Despite the first floor having been sold off on a long lease, the ground floor accommodation offers considerable investment potential, with potentially deliver double digit yields.
An appealing proposition for investors seeking a mixed use property with immediate income producing potential.
Accommodation
Shop, internal door to Kitchen, sitting room, bedroom, shower room. The apartment also has separate access and could therefore be self contained. The first floor has not been inspected.
Shop
Current rateable value (1 April 2026 to present)
£2,450
Council Tax Band
A
EPC Rating: 3 - C, 3A - D
Additional Fees
Buyers Premium: £720 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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Monthly repayment
£250 per month
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