Restaurants for sale in Fakenham

View the "Popular Pub For Sale with Restaurant and Caravan Park in Little Snoring, Norfolk" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £69,950 Annual Turnover: £179,000 Annual Gross Profit: £120,000
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Business Description
BUSINESS
OPEN TO OFFERS

Hilton Smythe is delighted to welcome to the market this well-established public house and restaurant, with campsite facilities and letting rooms.

The business was originally established in 1836 and has been in our clients’ careful ownership since 2012. Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement and is priced to sell. The business operates 7 days per week and generates a turnover in the region of £180,000 per annum, with a gross profit of approximately 67%.

This multi-faceted business offers a wide range of goods and services. The public house offers traditional alcoholic beverages including draft ales and cider, wines, spirits and soft drinks. The restaurant serves high quality local fresh food including Cromer crab, fresh lobster and more traditional food including beef and ale pie. The restaurant also offers gourmet takeaway food for the general public and caravan park and is a Just Eat partner. The business is available for private functions, parties and local shoots.

The well-equipped caravan park is located to the rear of the public house and boasts electric hook ups, a heated wet room, WCs, a hand washing basin with wheelchair access and washing and drying facilities.

Attached to the public house are two self-contained studio holiday homes, which are well-maintained and decorated to a very high standard. Both the holiday homes offer an open plan living area with a double bed, comfortable seating, a shower room, a small kitchen and an electric fire. The external of the holiday homes is a pretty garden, mainly laid to lawn with seating areas.

The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel the turnover could be increased by embarking on a modest marketing campaign to promote the excellent services offered. The business already has an informative website in place, which we feel would benefit from online booking facilities at www.snoringgreenman.co.uk.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended.

LOCATION
The Green Man Inn occupies substantial two-storey premises, ideally located within the quaint village of Little Snoring, near Fakenham, Norfolk. The area is surrounded by picturesque countryside views. The business is located on the busy A148, the main road between Cromer and King’s Lynn, therefore the business benefits from a high volume of passing trade.

Little Snoring is a village and civil parish in Norfolk. According to the 2011 census, the village had a residential population of 619. Landmarks within the area include the church of Little Snoring St Andrew, which is one of 124 existing round tower churches in Norfolk. The church and its separate tower are Grade I listed. Local amenities include a Post Office and a school.

The area of the business is served by the public transport system, with a bus stop opposite the public house. The nearest railway station is at Sheringham, which is approximately 16 miles away. The area is also well-served by the A-roads, with the business being located on the A148, which links to the vast A-road and motorway networks. Norwich is approximately 24½ miles away and King’s Lynn is 25 miles away.

PREMISES
Substantial two storey premises, briefly comprising:

Bar/restaurant area with:

Traditional bar with 12 points of dispense, four of which are hand pumps, 2 x two door drink chiller units, coke dispenser, glass washer, electronic cash register and credit/debit card terminal.

Bar area with 36 x covers.

Restaurant area with 40 x covers.

Separate coffee bar with WiFi, coffee machine and grinder (leased), under counter wine refrigerator, stainless steel basin.

Carvery unit – servicing the restaurant.

Waiter station.

Laundry room.

Office.

Boiler room.

Ladies and gents WCs.

Stairs to owners’ accommodation.

Kitchen with:

6 x burner range.

Small whirlpool oven.

2 x door cabinet refrigerator.

Plate warmer with lamp pass.

Commercial sink unit.

Extraction system.

3 x microwave ovens.

Bug zapper.

Stainless steel freezer.

Hand wash basin.

Pot wash area with:

Dishwasher.

Commercial sink unit and drainer.

Under counter refrigerator.

Chest freezer.

Inner hall area with dry store shelving, refrigerator/freezer and cellar chiller unit.

Cellar which is fully pumped and piped with a large tall stainless steel refrigerator, tall refrigerator and shelving.

Double en-suite room (for letting)

Separate cottage set over two floors, which is currently used as two holiday lets but could be included in owners’ accommodation, should extra private living accommodation be required.

Ground floor self-contained studio flat with kitchenette and shower room.

First floor self-contained studio flat with kitchenette, shower room and veranda and external staircase.

First floor with:

Owners accommodation with:

2 x double bedrooms.

Large bathroom with 3 x wardrobes

Walk-in linen cupboard.

External with:

Caravan site with 11 x pitches with hook ups.

Disabled friendly wet room

2 x WCs.

Shower.

Covered service area for sewage, grey and fresh water, washing machine and fire point.

Work area – fenced off with shed for garden and maintenance equipment.

Large car park for approximately 40 vehicles.

TENURE
We are advised monthly rent or leasehold, subject to agreement:

Original lease length: 23 years

New lease available.

Review every: 3 years

Rent: £24,000 per annum

HOURS
The business is open:

Monday – Sunday: 12.00pm – 11.00pm

Our clients also serve breakfasts to campers with reduced hours in low season.

STAFF
The business is owner run and managed with 1 x full time chef, 2 x part-time staff and seasonal help as required.

FINANCIAL PROFILE
The business generates a turnover in the region of £180,000 per annum, with a gross profit of approximately 67%.



Tenure: Leasehold

Listed by: Hilton Smythe
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