9 Bed Not Specified For Sale

The pub currently generates approximately £12,000 per year in rental income, and the residential flats produce a strong monthly income of £3,715, equating to £44,580 annually, creating existing combined revenues of £56,580 per year.

An exceptional opportunity awaits investors and operators at The Globe Inn, a well-established public house dating back to circa 1861. Prominently located on Lowestoft’s High Street, a designated Heritage Action Zone, the property combines a thriving ground-floor pub with nine upper-floor bedrooms, offering multiple revenue streams. A ground floor pub and restaurant area, fully equipped kitchen, cellar, and flexible residential accommodation with separate access, the building provides significant commercial and residential potential. With its historic charm, prime high street location, and scope for modernisation or expansion, The Globe Inn represents a compelling long-term investment in a sought-after and vibrant town centre setting.

Location

Lowestoft High Street occupies a prime position in the heart of this vibrant coastal town, serving as a key commercial and social artery. The street is lined with a diverse mix of independent retailers, boutique shops, cafés, and essential service providers, creating a dynamic retail environment that appeals to both locals and visitors. Footfall is consistently strong, buoyed by the High Street’s proximity to residential areas, the nearby railway station, and the bustling town centre, while seasonal spikes occur during summer months when tourists are drawn to Lowestoft’s sandy beaches and promenade just a short walk away.

The High Street benefits from excellent transport links, with easy access to bus routes connecting surrounding towns and direct rail services to Ipswich, Norwich, and beyond. Road connections are equally convenient, with major routes linking the town to regional centres and providing effortless vehicle access. Pedestrian traffic is enhanced by wide pavements, safe crossings, and a compact town layout that encourages walking between shops, cafés, and leisure destinations.

The Globe Inn

The ground floor is dedicated to a pub and restaurant area, ideal for maintaining an established trading business or exploring modern concepts to attract a wider clientele. A well-equipped kitchen supports food service operations, while practical facilities including a cellar for stock storage, beer lines, and cleaning supplies ensure efficient day-to-day management. Separate male and female toilets add to the functionality of the public spaces.

The upper floors comprise nine bedrooms across the first and second floors, each served by communal bathroom facilities, complemented by a communal first-floor kitchen. The residential accommodation benefits from its own rear access, offering flexible use options including staff accommodation, rental lettings, or potential refurbishment into self-contained units, further enhancing income streams.

The Globe Inn occupies a prime position on Lowestoft’s High Street, which lies north of the town centre and was designated a Heritage Action Zone by Historic England in 2017. This status reflects the area’s historical significance and supports ongoing initiatives to attract investment and revitalise the local high street.

With its prominent roadside location, versatile layout, and rich history, The Globe Inn represents a secure long-term investment in a high-profile location. Whether continuing as a traditional public house or developing additional income streams from the upper floors, the property provides a unique opportunity to capitalise on Lowestoft’s heritage, high street footfall, and strong local reputation.

Pub currently rents for approximately £12,000 a year.

The flats monthly income is £3715, £44,580 a year.

Agents note

Freehold

Disclaimer

Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.