Bars for sale in Great Yarmouth

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TRADITIONAL PUBLIC HOUSE - NORFOLK

Great Yarmouth, Norfolk, England

  • Freehold Price: £165,000  Price Reduced arrow_drop_down
Seller Reference: 3112
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Business Description
 
 
 
 
 
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Seller Reference: 3112
Request Details
Business Description
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.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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