For sale by auction on Wednesday, 24 March 2021 at 11:00

Venue: Livestream Auction

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.

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

EPC Rating: C

Viewings

Additional Fees
Buyers 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.
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.