Property photos
Just added
Auction
Freehold
Guide price
£400,000
Retail premises for sale
167-168 High Street, Lowestoft, Suffolk NR32Local area information
Property location
Nearby amenities
- St Margaret's Primary Academy 0.4 miles
- Poplars Community Primary School 0.5 miles
- Lowestoft 0.7 miles
- Oulton Broad North 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Lowestoft to find out more about the local area.
Features and description
- Freehold
For sale by auction on Wednesday, 18 Jun 2025 at 10:00
Venue: Livestream Auction
Valuable commercial investment producing £52,000 pa
Long established Beatles themed restaurant and bar (Sgt Peppers) with managers flat and two self contained apartments currently let on a long lease producing £52,000 pa. Tenancy 20 years from Oct 2022, full repairing and insuring lease.
The business has been trading for over 42 years and is in a High profile town centre location near to other established businesses pubs and restaurants.
Accommodation
Ground Floor: Bar and restaurant with kitchen, preparation room and ladies toilets.
Basement: Bar with additional seating
First Floor: Two bedroom managers flat. Gents toilets
Second Floor: 2 self contained flats approached from side access.
Business Rates
1 April 2023 to present: £8,200
Properties with a rateable value below £12,000 are eligible for 100% reduction of the business rates.
Council Tax Band
A
Viewings
Viewings are available by appointment only, please call the Norwich office to arrange a viewing.
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
Valuable commercial investment producing £52,000 pa
Long established Beatles themed restaurant and bar (Sgt Peppers) with managers flat and two self contained apartments currently let on a long lease producing £52,000 pa. Tenancy 20 years from Oct 2022, full repairing and insuring lease.
The business has been trading for over 42 years and is in a High profile town centre location near to other established businesses pubs and restaurants.
Accommodation
Ground Floor: Bar and restaurant with kitchen, preparation room and ladies toilets.
Basement: Bar with additional seating
First Floor: Two bedroom managers flat. Gents toilets
Second Floor: 2 self contained flats approached from side access.
Business Rates
1 April 2023 to present: £8,200
Properties with a rateable value below £12,000 are eligible for 100% reduction of the business rates.
Council Tax Band
A
Viewings
Viewings are available by appointment only, please call the Norwich office to arrange a viewing.
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.
More information
Listed by
Auction House East Anglia
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