Tramway Lowestoft

The Tramway is a large and characterful pub that is prominently situated on the busy London Road in the Pakefield area of Lowestoft. A large number of residential properties surround the pub and also have shops and schools close by.

The Tramway is a large and characterful pub that is prominently situated on the busy London Road in the Pakefield area of Lowestoft. A large number of residential properties surround the pub and also have shops and schools close by. The pub has an extensive ground floor trading area with dining space to one side, a lounge in the centre and a space which could be utilised for games to the other side, with one large bar catering for all three areas. There is a combination of fixed and loose seating arrangements with approximately 24 covers for dining and a scope for more. The décor is traditional, and the trading areas are all in good decorative order. Pub games could be made available to include pool, darts and sports and there is ample space for live music and entertainment. Furthermore, the pub benefits from four luxury accommodation rooms, all en-suite and decorated to a very good standard. A good-sized and well-maintained trade kitchen is situated on the ground floor. Externally, there is a beer garden to the side of the pub, which is not currently in use but could easily be utilised with some minor landscaping and the addition of garden furniture. There is also a patio area to the rear of the pub adjacent to the car park with tables and chairs. The car park can accommodate approximately 20 vehicles.  Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Three en-suite letting rooms • Pub games and live music are on offer • Well-equipped trade kitchen onsite • One-bedroom private accommodation • Discounts of up to £110 per barrel but has an average of £90 per barrel Business & Financial Information • Estimated ingoings (upfront): £6,920 • Full deposit: £6,125 • Agreement fee: £795 • Guide rent (weekly): £471 • Guide rent (annual): £24,500 • Forecast turnover (weekly): £251,082 • Forecast turnover (annual): £251,081 Ideal Operator The pub would ideally be suited to an experienced publican or couple who can engage with the local community by providing excellent hospitality and a traditional home-cooked food offer. Private Accommodation The private accommodation is situated at the top of the building, on the second floor and comprises a lounge, kitchen/dining room, double bedroom with adjacent 'open plan' bathroom and a separate WC. Regional Manager's Thoughts The Tramway is well supported by the local community and has several benefits including pub food and accommodation which consequently provides multiple income streams.  Surrounding Area Lowestoft is town in Suffolk on the North Sea coast and is one of Britain’s most easterly towns. It is a popular tourist destination with holiday makers visiting the two expansive Blue Flag beaches. The pub is situated in a busy residential area in the centre of Pakefield, Lowestoft and is surrounded by several shops and schools close by.