Business for Sale in Horning on the Norfolk Broads DELICATESSEN, CAFÉ & GIFT SHOP – HORNING, NORFOLK BROADS (NR12)
- For Sale
- Rent Payable
- The initial starting rent will be £12,000 per annum (year). The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.
- Business Rates
- £254.69 per annum. This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
- Excellent Norfolk Broads Location
- Long Established & Well Regarded
- Newly Thatched Roof
- Character Property (Unlisted)
- Parking Included For One Vehicle
- Multiple Business Elements
- Lots of New Equipment
- Leasehold - Freehold by Separate Negotiation
- Beautifully Presented
- Must Be Viewed!
This is a business for sale as a going concern, not an empty premises for sale or let.
If you are looking for a business which really does have it all, look no further than The Galley in Horning. Offering a new owner the fabulous opportunity to enjoy working, and if desired, living on the picturesque Norfolk Broads with its delightful way of life. This is a thriving business comprising delicatessen, café and gift shop, enabling the ability to cross sell to customers.
The Galley is a charming and cosy unlisted property which has been fitted out to the highest of standards, with a new thatched roof and a rustic interior that matches the beauty of the surroundings.
The business is well-established with a loyal customer base, a great reputation and financially performs well – what more could one ask for?
THE BUSINESS ITSELF
Having been established for a number of years, the property and business have been enhanced by the current owner and is now presented to the market in an excellent condition.
The deli is the focal point when walking into the property where you are greeted with new cold counters stocked with a tempting array of home produced delights together with a selection of locally sourced produce. This is complimented with a range of bespoke shelving and stands displaying items such as wines, chutneys, cakes and such like. Either side of the deli and flowing seamlessly from one area to the next, is the cafe and gift shop. Each being fitted out to the highest of standards yet feeling warm and inviting you can not help but be drawn into exploring the whole premises. Many a time, a customer will come in for a coffee but will leave with produce from the deli and gifts from the shop, meaning spend per customer is far higher than in a business which only benefits from one of these elements.
The current owners have invested considerably in the assets of the business with many new pieces of equipment having been recently acquired, thus offering a buyer an ideal turn key operation. In addition, much consideration has gone into the gift shop stock with new lines added and old ones discontinued resulting in this area of the business progressing very well with stronger sales and margins.
They have diversified into providing ‘picnics in a box’ for the passing boat trade as well as attending local farmers markets and events, further getting the updated brand out there which not only brings people to the shop but also generates bookings for outside catering. This is all supported by an excellent website and strong social media presence.
With a turnover in the region of £200,000 for the year to end November 2022, and with the high GP margins one would expect of this type of operation, it provides a desirable ‘lifestyle’ business which is also financially rewarding, complete with a beautiful property in a prime location.
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.
Externally the property appears to be in excellent condition having been recently decorated including updated branding. Of note to interested parties is the new thatched roof which has again only recently been replaced and which will no doubt provide comfort to a potential buyer.
To the ground floor, as you enter the shop, you will find the new deli counters, additional refrigerated display units and bespoke shelving and stands for alcohol and various grocery products. There is a new Clover Epos till system together with a new CAS label printer as well as a coffee machine, bean grinder and urn. The deli also has a delightful window table and seating, with a view of the shop, deli and outside.
The gift shop blends into this and sells a range of individual gifts, from handbags, hats, candles, homeware, cards, scarves etc. The cafe side of the property has a part open ceiling (with mezzanine storage above) with a range of tables and chairs as well as built in seating. There are architectural features throughout with exposed timbers, lots of bespoke windows/glazing, wooden flooring and hand crafted units everywhere you look.
The kitchen is to the rear of the property and provides two main areas, both good sizes providing ample room to serve the business and fitted out with all the usual equipment needed to run such an operation including a new Internus fan oven and new stainless steel under-counter freezer units with prep counter above. A set of stairs off of the kitchen leads up to a landing office and good sized stock room.
A door from the kitchen leads outside to the driveway which has parking for 1 car.
Winter: 9:30am to 3:30pm Monday to Saturday. Sunday 9:30am to 3:00pm.
Summer: 9:00am to 5:00pm Monday to Saturday. Sunday 9:00am to 4:30pm.
The business is closed annually for the month of January.
Leasehold. If leasehold, then a new lease will be entered into on terms to be agreed between the parties. The freehold may be available by separate negotiation.
The initial starting rent will be £12,000 per annum (year).
The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.
£254.69 per annum.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
The Energy Performance Certificate for the commercial element shows a ‘C’ rating and a score of 62. Full Energy Performance Certificate available on request.
£59,950 - Leasehold.
For the benefit of the goodwill, fixtures, fittings & equipment. Stock is payable in addition on completion at valuation. This is a business for sale as a going concern.
Strictly by appointment only, please call us to make an appointment.
We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.
BUSINESS TO SELL?
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1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
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Your Regional Director Chris Ruggles
EM&F East Anglia
116 - 118 Prince of Wales Road