Auction House UK · 21 Oct 2026 · in 2 days
Former public house with residential accommodation and development potential
46 Park Road, Lowestoft, Suffolk NR32 1SP · East of England
LiveLeisureFreehold
- Guide
- £150,000
- Rent a year
- ≈£14,800est.
- Yield on the guide
- ≈9.9%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 25 Apr 2022 (certificate 4382-0546-9033-4256-4578). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
Auction House UK's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold leisure lot in Lowestoft.
Lot 146, 3 Bed Pub. 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. Tenure: Freehold. 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. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Solicitors: Keystone Law, Ref: Oliver Ray, Tel: 020 3319 3700
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.