Business for Sale in Horning, Norfolk Broads CAFE/BISTRO WITH ACCOMMODATION & HOLIDAY LET - HORNING, NORFOLK
- Under Offer
- Prime Riverside Location
- Up to 80 Covers Inside & Out
- Separate Holiday Cottage
- Private Garden Area & Parking
- Dream Lifestyle Setting
- Very Well Known on the Broads
- Owners Apartment Above
- Scope to Increase Offering
- Recently Refurbished
- Excellent Opportunity
We are delighted to be appointed to market this excellent opportunity to acquire this delightful cafe/bistro in a prime location on the Norfolk Broads. Offering an idyllic lifestyle setting and with the added benefit of owners/staff accommodation and a separate holiday cottage, this really could be the dream new venture for you.
An iconic and very well known property on the river bank since the 1600’s, and having been recently refurbished by the vendor, who unfortunately are only moving on due to family reasons, there is huge scope to now take the business onto the next level whilst enjoying all the benefits that being based in this location will bring.
THE BUSINESS ITSELF
The business has operated here for many years with the current owners taking over the helm just under 2yrs ago and in which time they have refurbished the restaurant, kitchen and holiday cottage which are now presented in much more appealing order.
They have also worked hard to build the reputation of the business particularly within the local community and have tried to assist the local residents at this time with food deliveries and the opening of a fish and chip shop takeaway service on a Friday night.
Whilst the owners are unable to continue with the business long term it does present an ideal chance for someone new to benefit from the refurbishment works and the growing reputation. With holidaying in the UK expected to grow significantly once restrictions are lifted and the Norfolk Broads being one of the top tourists attractions in the area, it is clear that the business will be able to generate a significant turnover in the rights hands.
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.
The centuries old L shaped thatched property provides a ground floor restaurant with owners accommodation above, a long galley style kitchen to the rear of the self contained two storey holiday cottage with customer courtyard seating overlooking the river and a private garden area to the side.
The restaurant is entered from the river side through a cloakroom lobby with separate male and female toilets off. There is also the benefit of 3 further sets of doors from the courtyard into the restaurant that can be made use of however one so wishes. The restaurant, which can hold up to 50 covers, is split by the open fireplace with wood burner, and has many character features and views across the river, green and gardens. At one end is the service counter with coffee machine, bean grinder, urn and under counter fridges as well as drinks storage. There is the benefit of an alcohol licence, a 5* Food Hygiene Rating, Epos till and CCTV.
Stairs from the restaurant lead up to the owners accommodation and into an open plan kitchen, dining and study area and through to the lounge which enjoys wonderful views down the river. It is completed by a good sized double bedroom and an en-suite shower room.
The kitchen can be accessed via the rear of the restaurant or by either of the two external doors at each end that lead out to private areas. It is well equipped with a range of stainless steel surfaces and fittings including a large commercial extraction unit. There is a comprehensive array of cooking equipment which is more than adequate to handle the needs of the business and that of an evening service if so desired.
The holiday cottage is a real added benefit to the business and this has been refurbished to a very good standard by the owners. On the ground floor there is a bathroom and kitchen both fitted out to provide the essentials for a short term let. Up the newly carpeted stairs you will find the living area with sofa, table and chairs and beautiful views out across the river. There is also a double bedroom, again fitted out very nicely, and enjoying the same wonderful outlook.
There is private parking included as well as public parking in the immediate area. The private garden could also be used for additional customer seating to increase the numbers of covers that can be accommodated.
There really is a lot on offer with this business and property and it certainly warrants your closer inspection, so do contact us to discuss this opportunity in more detail.
At this current time the opening hours have been limited but the business has been providing a takeaway service for the local community. Once restrictions are eased then a new owner will be able to choose what hours they wish to operate.
Leasehold. The lease runs for a further 3 years however we understand that it is not excluded from the L&T Act and as such can be considered renewable.
The purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or grant of new lease.
We understand that the RV of the restaurant is currently £7,900 and as such the vendor has been able to claim Small Business Rate Relief. The vendor has advised though that they pay approx. £1,434 p.a in respect of the holiday cottage.
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.
£26,500 per annum.
Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.
Finance may be available to suitable purchasers.
BUSINESS TO SELL?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.
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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