SUPERB BURGER BAR WITH PLANNING FOR RETAIL UNITS - NORFOLK
Price:
Leasehold - £64,950
Location:
Norfolk , Heacham
Business Type:
Food Service Businesses
SUPERB BURGER BAR WITH PLANNING FOR RETAIL UNITS - NORFOLK
Turnover £40,564 pa with huge growth potential
3 bed static caravan included in the sale
Quality position with long council lease
Early viewing highly recommended
Planning in place for 4 retail units
Sea front location on large pitch
Scope for further development
LEASEHOLD
Business History
Meridian Business Sales are delighted to be able to offer to the market this superb burger bar with planning in place to create 4 retail units with the possibility of residential use. The business has been in the careful hands of our clients since 2003 and they only now wish to put the business onto the market due to their need to relocate to Newcastle to look after ill parents. Since our clients took over the business they have fully refurbished the bar and introduced new and modern equipment. Our clients have continually developed and improved the business introducing new lines and income streams which has enhanced the business massively, showing in the year on year growth of the business. Our clients have successfully put in place planning consent to turn the burger bar into four retail units and possible living accommodation, this would enhance the current business by enabling them to expand the burger bar and café plus expand the sale of buckets and spades, inflatable boats and other beach toys or rent out two of the properties. The current turnover of the burger bar with its season running from March to October is £40,564 pa with a gross margin of 60%. The business enjoys a strong reputation with the local community and as such enjoys a high level of repeat trade. Early viewing on the business is highly recommended so as to see the development potential.
This superb burger bar and business opportunity is located on the seafront, next to the main entrance of the beach. The burger bar enjoys a monopoly trade as the nearest food facility is located in the centre of the village. The business stands on a large plot with parking and seating close by. Heacham is a quaint seaside resort on the north Norfolk coastline renowned for the quality of its beaches. Heacham has strong road links to the nearby larger resort of Hunstanton and the market town of Kings Lynn, both towns can be accessed by the A149 trunk road.
Leasehold
Original length: 10 years
Remaining: 4 years
Review: 3 years
Rent: £2,425pa
March - October
Monday: 8:30am - 8:00pm
Tuesday: 8:30am - 8:00pm Wednesday: 8:30am - 8:00pm
Thurs
Well presented and positioned burger bar with planning in place for four retail units.
GROUND FLOOR
1 x burger van with double opening front
2 x fridges
2 x ice cream freezers
1 x upright chest freezer
1 x pannini grill
1 x pancho grill
2 x deep fat fryers
1 x chip scuttle
2 x glass fronted drinks fridges
1 x microwave oven
Stainless steel napkin and cup holders
EXTERNAL
12 x wooden benches and tables
4 x coins operated sweet dispensers
Paved area for seatin
North Yorkshire
£ 750,000
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