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Traditional Public House - Norfolk For Sale

Great Yarmouth, Norfolk
Asking Price:
£169,999
Sales Revenue:
£72,800
Cash Flow:
Available on request

TRADITIONAL PUBLIC HOUSE - NORFOLK
Situated in the town centre of Great Yarmouth
Early viewing essential to fully appreciate
2 bedroom owners' accommodation
Advised weekly turnover of £1,400
Scope for further development
Genuine reason for sale
Self contained flat
FREEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this superb public house which has been established for over 400 years and has been in the careful hands of our clients for the last 23 years. Our clients are reluctantly offering the business to the market due to a desire for a change of lifestyle. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £72,800 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business trades completely free of any brewery tie which is a rarity and as such the profit margins are above industry standards. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Property information

Property:

Freehold

Premises Details:

Character 2 storey public house, briefly comprising:

GROUND FLOOR
Alley way to secure entrance leading to:

Main bar area with seating for up to 18 and fitted bar servery

Pool room

Ladies & gents toilet facilities

Rear bar/function room

Access to private accommodation

Access to cellar and internal beer drop

Boiler room

WC with wash basin

FIRST FLOOR
Lounge with period features
2x double bedrooms
Kitchen/diner
Bathroom

Access to flat roof/fire escape

Additional floor with self contained flat comprising of a double bedroom, kitchen/lounge/diner and shower room

EXTERNAL
Backs on to car park

Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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