Sold STC
- Pub
- 2 Bedrooms
- Tenure: Freehold
Call the team on 01603 505 100 for more information
A successful and established freehold public house with two-bedroom flat and spacious cellar, close to Lowestoft town centre and the seafront
A well-presented and fully operational freehold public house with a two-bedroom flat above and a large cellar below, situated close to Lowestoft town centre and the seafront. The property is ready for immediate takeover by an experienced operator or investor. The ground floor offers a welcoming public bar and dining areas with space for around 50–60 covers, together with a commercial kitchen and servery area. There is also an enclosed outdoor terrace providing additional seating. The first floor comprises a two-bedroom flat, ideal for owner occupation or staff accommodation, and a generous cellar provides excellent storage. Located within walking distance of Lowestoft’s railway station, beach and town centre, The Stanford Arms has built a strong local reputation. This versatile property offers scope for continued hospitality use, expansion, or potential conversion to residential use, subject to the necessary consents.
Tenure
Freehold
Business Rates
According to the Valuation Office website the public house and premises has a current rateable value of £4,900 with effect from 1 April 2023.
Council Tax Band (Flat)
B
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
Solicitors
Spire Solicitors LLP (Norwich), Ref: Ben Keane, Tel: 01603 677077
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £960 inc VAT payable on exchange of contracts.
Administration Charge - £1200 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
