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Pub and restaurant for sale in Southrepps Norfolk with holiday dwelling potential

Southrepps, Norfolk
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NORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESS Photo 1
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NORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESSNORFOLK - PUB AND RESTAURANT WITH SUCCESSFUL BUSINESS
  • Freehold: £700,000
  • Turnover: Not Applicable
  • Profit: £150,000

Key Features

  • Opportunity for private events
  • Outdoor beer garden
  • Outdoor trade patio
  • Well-presented premises

Business Details

NORFOLK PUB AND RESTAURANT WITH SUCCESSFUL BUSINESS

Detached pub and restaurant with two car parks
Only pub in the desirable village of Southrepps
Located 2 miles from the North Norfolk coast
Successful business - EBITDA of £135,000
Same operator/landlord since June 2005
Granted permission to create two holiday cottages

 

The Vernon Arms occupies a Grade II listed, two storey, detached building of part brick, part flint construction under a pantile roof.  It is located on Church Street and is the only public house in the village. The property briefly comprises:

TRADE AREAS
FRONT ENTRANCE HALL which gives dual entry to the public bar and the lounge. PUBLIC BAR which benefits from seating for 16, original wood flooring, feature fireplace, wooden main bar servery and access to an inner hall. LOUNGE with seating for 20, part tile, part original wood flooring, open fireplace and an extension of the wooden main bar servery. DINING ROOM with seating for 28 and original wood flooring. DINING AREA with seating for 20, original wood flooring and fireplace with inset log burner. GARDEN ROOM with seating for 20, tile flooring and an external door to the rear trade garden. INNER HALL with access to LADIES’, GENTLEMEN’S and DISABLED ACCESS TOILETS (the latter benefits from baby changing facilities). Also within the inner hall is an external side door to the trade garden and three STORE CUPBOARDS. REAR HALL with entry to the open plan, ground floor CELLAR with external barrel delivery door. Fully-fitted COMMERCIAL KITCHEN with private entrance hall and stairs to the first floor.

OWNERS' ACCOMMODATION
FIRST FLOOR:
TWO DOUBLE BEDROOMS. LOUNGE with two store cupboards. KITCHEN with utility cupboard. DINING ROOM. OFFICE. BATHROOM.

EXTERNAL
Front CAR PARK with space for 14 vehicles. Front PATIO with bench seating for 30. Rear CAR PARK with space for 14 vehicles, enclosed BIN STORE, OIL TANK and LOG STORE. Enclosed rear TRADE GARDEN with bench seating for 66. BARN (a detached, two-storey building of brick and flint construction under a pantile roof) comprising two distinct sections: one is utilised as a general storage area, the other houses both a walk-in FRIDGE and walk-in FREEZER. 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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