Bistros for sale in Norwich

View the "FREEHOLD CAFÉ/BAR - NORWICH" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Ian McGregor (Nov 2013)
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Freehold Price: £675,000
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Business Description
Not often does a freehold combining spacious family accommodation and a highly rated bar/café come to the market in Norwich, so this presents a rare chance to acquire this valuable property. Situated in a prime location, close to the city and the cathedral and in one of the best areas of Norwich, this presents a great opportunity.

Offering over seventy covers and boasting enviable reviews on social media the café/bar is thriving and is ready for new owners to either continue as (under a different name) is or stamp their own mark. Accounts show the business is highly profitable yet there is much scope for growth.

The business enjoys a large, local base of customers from the affluent suburbs around and also there is much passing trade due to the enviable location.

The large, airy three bedroomed apartment above, which has its own separate entrance is presented in good order and is ideal as a base close to the city and schools.

This is a great offer at a very fair price – do ask for a viewing which will not disappoint.

THE BUSINESS ITSELF This is a long established, highly regarded very profitable restaurant bar showing a turnover in excess of £270,000 with the high G.P. you would expect from this type of business. There is much scope for improving margins by new owners who may choose to adopt different business methods without impacting on the quality of the offering.

Currently run by the owner and his sister with eleven full and part time staff the business only trades five days out of seven, and does not take advantage of the lucrative Sunday trade which is in much demand in this upmarket residential area.

There is a large, constantly changing menu which is renowned for the exceptional value for money it offers as reflected in the excellent reviews on Trip Advisor and other social sites.

Being situated on the edge of the City with little local competition there is both passing trade and many locals who walk to this venue.

Trading Hours:
Tuesday to Saturday 10.00am to 11.00pm.

Tenure: Freehold

Listed by: Everett Masson and Furby
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