• Thriving Seaside Town Centre
• 5 Minute Walk from Seafront
• Three Storey Property
• Notable Tourist Trade
• Sports & Live Music Bar
• Popular Locals Establishment
• 100% Wet Led
• Excellent Turn-Key Opportunity
• Main Bar, Games Room & Courtyard
• 4 Bedroom Private Accommodation

Property
The Theatre Tavern is a small but lively traditional public house in the centre of Great Yarmouth, popular with locals and visitors alike, with live sports shown, plus occasional live music and karaoke.

Front entrance from Theatre Plain into main bar. Traditionally decorated with wooden top servery. Basement cellar, with hatch access behind the bar. Wooden flooring throughout. Fixed and upholstered wall mounted seating. Several wooden top tables and chairs, with raised wooden chair seating at the bar. Wall mounted TV’s. Sports bar to the rear with servery, pool table, occasional tables, jukebox, fruit machines and wall mounted TV. Access to enclosed courtyard garden, Ladies facilities and access to private accommodation on 1st and 2nd floors. Gents facilities located to the side of courtyard area. Access to alleyway for refuse area. Fruit machines, jukebox and pool table are held on lease agreements, which can be transferred to new owner(s).

1st floor (recently redecorated) consists of a kitchen, bathroom, lounge and 2 x double bedrooms

2nd floor consists of 2 large rooms, which could be used as further bedrooms.

Measurements
Total Site area – 0.027 acres

Total Floor Area – 2,056 sq ft

*These measurements are taken from digital mapping and are approximate.

Planning
The property is not listed and is not situated within a conservation area.

Tenure
Freehold available as a Transfer of a Going Concern (TOGC) at an asking price of £325,000 plus VAT plus stock at valuation.

Fixtures & Fittings
All trade fixtures and fittings (apart from fruit machines, pool table, jukebox & karaoke machine) are owned outright and included in the purchase price.

The Business
Our clients purchased the property in 2020, just as the covid pandemic was beginning to take grip. However during a short period and coming out of the various lockdowns, they have become one of the most popular wet led bars in Great Yarmouth. The business is well supported by local trade throughout the year and visitors to this popular seaside town during the warmer months. The business is currently open all day, seven days a week and taking an average of £6,000 p/w on a 100% wet led basis.

This is an excellent opportunity for a couple to take on their first, or last wet led pub as owner operators, due to the extensive private accommodation over the upper 2 floors.

Rates & Charges
Rateable value – £7,500

Council Tax Band ‘A’