This distinctive property on Lowestoft’s seafront presents an exceptional investment opportunity with significant potential for growth. Featuring a functional hospitality setup that includes the Kraken Bar, characterized by its rustic exposed brick wall and inviting wood-burning fireplace, this venue is poised for both casual gatherings and private events. The adjacent tea room enhances the appeal with direct promenade access and outdoor seating, capturing valuable foot traffic. Above the commercial space, well-appointed residential accommodations boast a contemporary kitchen, living area with two balconies, and flexible spaces suited for personal or staff use. Additionally, four self-contained rental rooms on the top floor present lucrative options for long-term tenants or holiday lets. The property's historic charm shines through high ceilings, sash windows, and period fireplaces, all while providing modern hospitality functionality. With off-road parking and a double garage featuring a mezzanine level that could be repurposed (subject to planning), this property offers ongoing income streams alongside an enviable coastal lifestyle. This asset holds immense potential for redevelopment or further business expansion in a highly sought-after seaside location.
