THRIVING FREE-OF-TIE HOTEL AND RESTAURANT WITH 19 EN-SUITE LETTING ROOMS AN

Price:

Leasehold - £149,500

Seller Ref:

6714L

Location:

Norfolk

Business Type:

Commercial Property

See Other:

Pubs and hotel property for sale in Norfolk
Commercial property for sale in Norfolk

Description:

THE BUSINESS:

Imposing hotel situated in the popular coastal town of Caister-on-Sea, Great Yarmouth.
Large comfortable relaxing Lounge/Public Bar (circa 60).
Spacious inviting Restaurant (circa 60).
19 letting rooms all with en-suite facilities.
Self-contained owner's flat.
Separate Reception Area.
Use of leisure complex including swimming pool, gymnasium, hairdresser and beauty salon.
Large car park (80 cars); Impressive patio area.
Advised sales circa £592,000 (inc. VAT) year end Jan 2010.
Trade split circa 25% wet, 25% food, 50% accom.
15 years remaining on private Free of Tie lease.

A TRULY RARE AND EXCITING OPPORTUNITY TO ACQUIRE THIS WELL ESTABLISHED AND THRIVING BUSINESS LOCATED ON THE POPULAR NORFOLK COAST.

ASKING PRICE £149,500 FREE OF TIE LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.