Hog roast, baguette and roast dinner takeaway restaurant in City Centre location.

  • Leasehold Price: £85,000
Norwich, Norfolk, England
Seller Ref:UM23
For Sale

Hog roast, baguette and roast dinner takeaway restaurant in City Centre location.

Norwich, Norfolk, England
Seller Ref:UM23
  • Leasehold Price: £85,000

Overview

Seller Ref: UM23

Description

Paul Hubbard Commercial are delighted to bring to market a true Norwich favourite, Urban Munch on Castle Meadow.

Located in a prime position with high footfall and passing traffic, the business is now available for sale for £85,000, with an annual rent of £10,000 + VAT.
The business has been a staple in the city centre for 14 years, and even before that operating under a different name.

Serving a wide range of hot baguettes and roast dinners, it is hugely popular with office workers, shoppers and tourists all throughout the year, offering delicious, reasonably priced and high quality food.

The business is now for sale due to a change in circumstances for the owner. It has been run by just one person since 2019, so this could be a great business venture for someone ambitious looking to start up on their own, however it would be ideal for two people due to how busy the restaurant gets.

Urban Munch don’t currently offer deliveries or online orders, so there is huge potential to scale this up to create more opportunities to increase revenue.

They currently open 6 days per week, 9:30am to 3pm, so there is also potential to open longer in the evenings and on Sundays.

A 5 year lease was signed in August 2019 which can be assigned to a new owner, however the landlord would consider granting a new longer term lease subject to further discussions.

All fixtures, fittings and equipment are included in the sale, and the current owner is willing to assist with a handover period once the sale has completed.

Castle Meadow, Norwich:

Nestled in the heart of the historic city of Norwich, Castle Meadow stands as a charming testament to the city’s rich heritage and vibrant present. This iconic area, bordered by the medieval Norwich Castle to the east and the bustling marketplace to the west, offers a delightful blend of history, culture, and modern vibrancy.

At the heart of Castle Meadow lies the majestic Norwich Castle, an architectural masterpiece that transports visitors back in time. This Norman fortress, with its towering turrets and stone walls, is a symbol of Norwich’s medieval past. History enthusiasts can explore the castle’s fascinating museum, which showcases a diverse array of artifacts spanning centuries, from ancient civilizations to contemporary art.

As you stroll along Castle Meadow, the enchanting blend of old and new becomes evident. Lined with a diverse array of shops, cafes, and restaurants, this area is a haven for those seeking a leisurely shopping experience or a delightful culinary adventure. Fashion boutiques, quaint bookshops, and charming cafes dot the landscape, creating a vibrant atmosphere that caters to both locals and visitors alike.

Whether you’re exploring the historical significance of Norwich Castle, savouring a cup of coffee in a trendy cafe, or perusing the market stalls, Castle Meadow offers a multifaceted experience that encapsulates the charm and vitality of Norwich.

It stands as a testament to the city’s ability to seamlessly blend its rich history with the pulse of contemporary life, making it a must-visit destination for anyone eager to immerse themselves in the heart and soul of Norwich.

What a fantastic place to run a business!

Leasehold Terms:
5 year lease was signed in August 2019, with the landlord happy to grant a new long term lease to a new tenant if required. Business available to purchase for £85,000 including goodwill, fixtures and fittings, plus £10,000 + VAT per annum in rent.
Trading Hours:
9am - 3pm Monday to Saturday
Number of Employees:
1
Location Details:
Located in the heart of East Anglia along the scenic River Wensum, Norwich is a captivating blend of history and modern vitality. The city’s skyline is graced by the majestic Norwich Cathedral and the formidable Norwich Castle, showcasing its medieval heritage. Charming streets like the Norwich Lanes offer eclectic shops and cafes, while cultural enthusiasts can enjoy festivals and arts at venues like the Sainsbury Centre for Visual Arts. Beyond its aesthetic appeal, Norwich provides an excellent quality of life with top-notch schools, a thriving job market, and diverse housing options, making it a highly desirable place to live. In Norwich, history meets contemporary living, creating a dynamic and welcoming community.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry