Restaurants for sale in Norwich

View the "Traditional Groveland Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £99,950 Turnover: £140,000 Gross Profit: £110,000
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Business Description
Business
Hilton Smythe are excited to offer to the market Groveland Restaurant, established over 30 years ago and taken over by our client in 2011.

Groveland Restaurant offers an extensive menu inspired by the Groveland farm shop serving traditional English breakfast, freshly prepared Cromer crab salads and daily specials such as caramelized belly pork. they also have a great selection of homemade cakes and scones as well as chef’s homemade sausage rolls and scotch eggs. Selecting the freshest of seasonal produce, fantastic quality local meat and finest deli products. Their passion for high quality and tasty foods have quickly established a loyal local customer base with a mix of professionals, families and local residents.

As the business operates on limited hours we feel that there is fantastic potential to increase turnover with the introduction of revised opening hours for the restaurant. A robust marketing campaign would also be beneficial targeting local press, radio, social media and further promotion of its dedicated website would all help to increase turnover.

Very rarely do businesses of this caliber and reputation come to the open market.

Location
The Groveland Restaurant situated in Roughton. Roughton is a village and a civil parish in the English county of Norfolk. The village is 3.7 miles south of Cromer, 19.6 miles north of Norwich and 6.5 miles north-west of North Walsham.

The restaurant is set within a traditional flint barn, the complex also includes a butchery, wine cellar, craft shop, plus shelves brimming with fresh local fruit and vegetables.

Premises
A very large distinctive property set in Groveland farm. There is signage around the perimeter of the site visible to passing trade. The clever layout of the business has given space for up to 60 covers inside and an addition 12 covers outside.

Male, female and disabled toilets.

Equipment available on request.

Tenure
We are advised the business is being sold as a Leasehold.

New lease to be agreed buy our clients with buyer.

Hilton Smythe are advised the business currently has no business rates.

Hours
Monday: 9.00am- 4.30pm
Tuesday: 9.00am- 4.30pm
Wednesday: 9.00am- 4.30pm
Thursday: 9.00am- 4.30pm
Friday: 9.00am- 4.30pm
Saturday: 9.00am- 4.30pm
Sunday: 9.00am 4.00pm

Staff
The business is currently run and managed by our client who has 2 chefs and 3 members of staff.

Financial Profile
Groveland Restaurant generated an advised turnover of circa £140,000 as of the 2016 accounts, with a gross profit of £110,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04122
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