Guide price
£150,000
Pub/bar for sale46 Park Road, Lowestoft, Suffolk NR32
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 21 Oct 2026 at 10:00
Venue: Livestream Auction
Former public house with residential accommodation and development potential
Located within an established, predominantly residential area, this substantial former public house has now ceased trading and offers an interesting opportunity for investors, developers and owner occupiers.
The existing building provides extensive ground floor accommodation including former public bar and customer areas, commercial kitchen facilities and customer toilets. On the first floor is a self contained manager's flat providing three-bedroom accommodation.
Externally, the property benefits from a customer car park situated to the side, adding to the overall potential of the site.
The property could offer scope for reopening as licensed premises or alternative commercial/community uses. Alternatively, given its residential surroundings and the size of the existing building and site, there may be potential for conversion or comprehensive redevelopment to provide multiple residential units, subject to planning approval.
Business Rates
According to the Valuation Office website the public house and premises has a current rateable value of £6,300 with effect from 1 April 2026.
EPC Rating: C
Additional Fees
Buyers Premium: £1200 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
Former public house with residential accommodation and development potential
Located within an established, predominantly residential area, this substantial former public house has now ceased trading and offers an interesting opportunity for investors, developers and owner occupiers.
The existing building provides extensive ground floor accommodation including former public bar and customer areas, commercial kitchen facilities and customer toilets. On the first floor is a self contained manager's flat providing three-bedroom accommodation.
Externally, the property benefits from a customer car park situated to the side, adding to the overall potential of the site.
The property could offer scope for reopening as licensed premises or alternative commercial/community uses. Alternatively, given its residential surroundings and the size of the existing building and site, there may be potential for conversion or comprehensive redevelopment to provide multiple residential units, subject to planning approval.
Business Rates
According to the Valuation Office website the public house and premises has a current rateable value of £6,300 with effect from 1 April 2026.
EPC Rating: C
Additional Fees
Buyers Premium: £1200 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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