Traditional Public House In Great Yarmouth Norfolk | | Great Yarmouth Norfolk | | Public house, Great Yarmouth, Norfolk T/O: £100,000 GP: 52% Huge scope Well-equipped 3-bedroom owners' accommodation Prime location Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68500
ADVERT IMPRESSIONS : 12,727 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £265,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
St John's Head Real Ale House occupies substantial 17th century, grade II listed premises, ideally located in a prominent trading position on a busy main road in Great Yarmouth, Norfolk. The business benefits from ample off-street parking and is surrounded by a wealth of complementary shops, businesses and residential properties. The pub benefits from a high footfall and much passing trade. There are excellent public transport links serving the area with numerous bus stops and the railway station within easy walking distance. The town centre is half a mile away and boasts a large shopping centre, 3 piers and the Pleasure Beach. Great Yarmouth is known as the Gateway to the Norfolk Broads and boasts 15 miles of sandy beaches. The premises boast easy access to the A12, which connects to Lowestoft 10 miles to the south and to the A47, which connects to Norwich approximately 20 miles west.
Business History
Preferred Commercial is delighted to offer for sale this busy traditional public house, which was established in the 1600s and which has been in our client's careful hands since 1995. The public house is only now offered to the market due to our client's wish to retire. The business trades 7 days a week, generating a turnover in the region of £100,000 per annum with a gross profit of 52%, derived from an extensive range of real ales, fine wines and spirits. The St John's Head are proud to have been continually listed in the CAMRA Good Beer Guide, longer than any other pub in the area. There is an exceptional range of real ales available with a continually changing selection of guest ales. The pub shows live sports and is licenced for recorded and live entertainment. The business is well-supported by the local community and enjoys much repeat trade. There is a website in place promoting the business, ales available and contact details (stjohnshead.co.uk). The centrally heated premises boast spacious 3-bedroom owners' accommodation to the first floor, with lounge, kitchen and bathroom. We feel the turnover could be further increased from the introduction of food, as we believe there is the demand. There is also scope to extend the opening hours and host entertainment nights. We feel this represents an ideal opportunity to acquire an already busy pub with 3-bedroom owners' accommodation and scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £100,000 approx.
GP: 52%
Opening Hours
Mon - Sun: 12:00pm to 12:00am
Accommodation Details
Substantial 2-storey grade II listed public house premises dating from the 1600s with 3-bedroom owners' accommodation and full gas central heating. Briefly comprising:
Ground Floor
• Open plan bar area with table and chairs for up to 30, pool table, Juke box, 2 x flat screens TVs, projector screen and gas fire
• Bar with 14 points of dispense, 2 door chiller, electronic cash register, optics display, glass washer and ice machine
• Beer cellar
• Commercial kitchen with 2 x microwave ovens, fryer, refrigerator, 2 x freezers, washing machine and dryer
• Ladies WC with wash hand basin
• Gents WC with wash hand basin
First Floor
• Lounge
• Kitchen
• Double bedroom
• Double bedroom
• Office/bedroom
• Bathroom with separate WC
External
• Roof terrace
• Seating to front
• Parking for up to 4 vehicles
• Covered and heated smoking area to rear
• Garage
Tenure
Advised Freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2765 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
