Business for Sale in Norwich, Norfolk (Confidential Sale) New Price! Public House With En-Suite Letting Rooms
Key Information
- Reference
- V36085E
- Tenure
- Leasehold
- Status
- For Sale
- Region
- Norfolk
- Sector
- Public Houses
- Rent Payable
- £80,000 per annum + VAT.
- Business Rates
- £9,555 per annum.
- Accommodation
- 5 Letting Rooms With Good Occupancy Rates.
- Busy & Popular Trading Pub
- Great Location - Sought-after & Expanding Suburb
- Sizeable Property - 120+ Covers
- Letting Rooms With Good Occupancy Rates
- Huge Scope To Increase Turnover with Food Offering
- Free of Tie
- Presented In Excellent Order
- Large Car Park & Beer Garden With Play Area
- Strong Profit Levels
- New Lease To Be Granted - Terms To Be Agreed
Business Information
CONFIDENTIAL SALE: EMF is pleased to present this popular and well-established public house located in a thriving suburb of Norwich, offering a fantastic opportunity for new ownership. The pub features modern bars and a spacious restaurant with over 120 covers, catering to both locals and visitors alike. It also benefits from en-suite letting rooms with high occupancy rates, providing additional income. A large beer garden with a children’s play area adds to its family-friendly appeal, while a spacious car park ensures convenience for patrons and guests. There is potential for further growth through an expanded food offering, making this in enticing proposition. Interested parties will need to complete a short non-disclosure form for more information. Please contact us to arrange.
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ADDITIONAL INFORMATION
AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.
CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.
REFERENCE NUMBER: V36085E.
OPENING HOURS: Monday to Saturday, 12:00pm to 11:00pm. Sunday, 12:00pm to 10:30pm.
TENURE: Leasehold. A new lease will be granted with terms to be agreed, and the landlord is willing to offer a longer-term lease if required.
The purchaser will be responsible for the landlord's costs and fees in connection with the assignment of the lease.
RENT PAYABLE: £80,000 per annum + VAT.
RATES PAYABLE: £9,555 per annum.
This information has been provided by the vendor for the current year, and any interested party is advised to enquire with the local authority to verify rates applicable to a new owner.
STAFF: 1 full-time and 7 part-time members of staff.
EPC: Energy Performance Certificate available upon request.
PRICE: £95,000.-- PLUS STOCK AT VALUATION.
For the benefit of the leasehold, goodwill of the business, fixtures, fittings, and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.
VIEWING: Strictly by appointment only, please get in touch to make an appointment.
FINANCE: 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: Thinking of selling your business? That's our business!
If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.
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DISCLAIMER
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, flooring 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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Get in Touch
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East Anglia
Your Regional Director Chris Ruggles
EM&F East Anglia
116 - 118 Prince of Wales Road
Norwich
Norfolk
NR1 1NS