Renowned public house available as a going concern or redevelopment opportunity (stpp)

The Stanford Arms is a traditional public house located in a residential area of Lowestoft. The public house has had its doors closed since Covid 19 restrictions forced them to close. The landlord has decided to relinquish the lease and therefore the owner of the dwelling has decided to sell. The landlord of the public house is vacating the property at the end of March and its fate will be left in the hands of the new purchaser. The public house is renowned locally and has won many awards, shown in the bar with pride. There is a bar and a dining area with snug area. Outside there is a garden with pizza oven, seating and smoking shelter. There is a spacious two bedroom flat above the public areas, providing generous owner living space. The public house could stay in operation as a going concern, however there could be the potential for other uses subject to approval by the relevant planning authorities. Purchasers would need to make their own enquiries in respect of this. NB: The inventory will be available by separate negotiation.

Tenure

Freehold

Public Area

Bar, dining area, snug, ladies and gents toilets, inner hall, kitchen, cellar, stairs to first floor flat

First floor flat

Landing, separate W.C., bathroom, sitting room, kitchen, study, two generous bedrooms.

Outside

Double gates provide access to the bin store and log store leading into the courtyard garden with seating area, smoking shelter and covered pizzeria area.

Viewings

Individual appointments can be arranged - the next are Wednesday 17 March - BOOKING ESSENTIAL - Please call the Norwich office on 01603 505100 to book the next available slot

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council. Tel: 0333 016 2000

Solicitors

Norton Legal, Unit 8 Beech Avenue, Taverham, Norwich, NR8 6HW, Ref: Tracy Guest, Tel: (01603) 864331

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1140 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.