Important Waterside Site In Lowestoft On The Market

Published 15 May 2015

Nelsons Wharf Lowestoft marked out and cropped 620x560

A key 7.54 acre waterside site in Lowestoft, complete with over 25,000 sq ft of warehousing, workshop and office buildings, has been put up for sale in Lowestoft.

Nelson’s Wharf, next to the former Sanyo site on Lake Lothing, is within the area identified as the Kirkley Waterfront and Sustainable Urban Development Neighbourhood in Waveney District Council’s Local Development Framework, and is described by commercial property expert and selling agent Craig Knights, of Arnolds Keys, as “an important strategic site.”

The wharf, formerly occupied by paper recycling business Maybanks, consists of 7.54 acres, including both land and part of the Lake Lothing waterway.  Buildings include over 15,000 sq ft of warehousing, 7,800 sq ft of workshops, 1,500 sq ft of offices, and ancillary buildings.

The whole site is on the market for freehold sale, with an asking price of £650,000.

Craig Knights of Arnolds Keys, which is the appointed agent for the sale, commented, “This is an important strategic site, situated as it is right on the Lake Lothing waterfront, and in the development area which is seeing regeneration such as the former Sanyo site which is now owned by Waveney District Council.

“Future regeneration will include construction of roads and the much talked-about third crossing over Lake Lothing, which will provide much improved links between the northern and southern parts of Lowestoft.

“The site has consent for both B1 business use and B2 general industrial , which makes it an attractive proposition for a variety of potential purchasers – including developers wanting to take advantage of the growing demand for warehousing facilities in the town.”

Share this story


Latest News

Resurgent Economy Driving Increased Demand For Commercial Property, Says Local Expert

1 May 2015

A resurgent economy is leading to a mismatch between supply and demand for commercial property, with rent levels being driven upwards, and a steep fall in availability of property for... Read more >

A Load Of Political Hot Air

1 May 2015

By this time next week we will know how many Parliamentary seats each party has won – although I suspect it will be considerably longer before we know who is... Read more >

Egg-citing Times For North Walsham Youngsters

23 April 2015

Three youngsters were able to tuck into an extra Easter Egg after they won a colouring competition held by local estate agent Arnolds Keys.  Calib Bayliss, Scarlet Beauchamp and Aliyah... Read more >

The Political Fallout Continues

22 April 2015

The Election may only be a couple of weeks away, but already-made political decisions continue to have an impact on the world of commercial property.  Last week saw a change... Read more >