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Turnkey restaurant for sale in Harleston on the Suffolk/Norfolk border, fully equipped and operational

Harleston, Norfolk
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TURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk border Photo 1
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TURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk borderTURNKEY RESTAURANT OPPORTUNITY - Harleston, Suffolk/Norfolk border
  • Status

    FOR SALE

  • Advert ID

    655788

  • Leasehold: £75,000
  • Rent: £24,000 (£2,000 per month)
  • Turnover: £140,000 (£2,692 per week)
  • Profit: On request

Key Features

  • Attractive interior design
  • Attractive location near attractions
  • Brand reputation and customer loyalty
  • Commercial lease availability

Business Details

TURNKEY RESTAURANT OPPORTUNITY Harleston, Suffolk Norfolk border

TURNKEY RESTAURANT OPPORTUNITY – FULLY FITTED & READY TO TRADE

Rare opportunity to acquire a beautifully fitted, fully operational restaurant in Harleston, on the Suffolk/Norfolk border. A genuine turnkey restaurant opportunity, created from an empty shell and transformed into a distinctive destination restaurant, with more than £70,000 invested in the fit-out, equipment, and development of the premises.

 

The restaurant is available for lease assignment, offering a new operator the opportunity to step straight into a professionally designed and equipped restaurant without the substantial time, cost and disruption normally associated with opening from scratch.

 

THE OPPORTUNITY

  • Fully fitted and operational restaurant
  • Approx. 50 covers
  • Approx. 1915 sq ft
  • Established restaurant premises with a distinctive identity
  • Approx. £140,000 annual turnover based on just two trading days per week
  • Commercial kitchen fully equipped and ready to trade
  • Front-of-house furniture, fixtures and fittings included
  • Bar and drinks service facilities
  • Customer toilets
  • Wheelchair accessible
  • Outdoor terrace offering an alfresco dining opportunity
  • Premises and alcohol licence in place
  • Existing restaurant infrastructure requiring no major setup
  • Attractive, professionally designed interior
  • Suitable for a wide range of restaurant, café, bar or hospitality concepts, subject to planning and licensing requirements

     

ACCOMMODATION OPPORTUNITY

The property also benefits from four rooms of accommodation above the restaurant, providing an additional income opportunity or potential owner/manager accommodation. The accommodation is a varied mix of rooms and larger units, with kitchens or kitchenettes and en-suite bathrooms, including some units offering more than one bedroom.

 

The accommodation is available by separate negotiation, providing an incoming operator with the flexibility to acquire the restaurant premises alone or explore an additional accommodation opportunity alongside the restaurant.


 

AN ESTABLISHED DESTINATION RESTAURANT

This is much more than an empty restaurant unit with a kitchen. The site has been developed into a recognised dining destination, with significant time and investment put into building the brand, customer base and profile of the restaurant.

 

Through sustained marketing activity, the restaurant has attracted diners from across the wider region, with customers travelling from up to 30 miles away specifically to visit. An incoming operator therefore has the opportunity to take over a site that has already established itself as a destination, with an existing audience and proven ability to draw customers from well beyond the immediate town.


 

AN ATTRACTIVE SUFFOLK/NORFOLK LOCATION

Harleston is an attractive market town situated on the Suffolk/Norfolk border, surrounded by a strong network of villages and rural communities and within easy reach of Norwich, Diss, Bungay and the wider Suffolk and Norfolk countryside. The area benefits from a mix of local residents, surrounding rural communities, visitors and holidaymakers exploring the region, with the Norfolk and Suffolk coast and numerous popular visitor destinations within easy reach. This combination of local and destination trade makes the location particularly well suited to an independent restaurant, café, bar or hospitality concept looking to attract customers from a broad geographical catchment.


 

£70,000 INVESTMENT ALREADY MADE

The premises were originally taken on as an empty shell and have subsequently been transformed into a fully functioning restaurant. More than £70,000 has been invested in creating the finished operation, including the fit-out, kitchen, equipment, furniture, and other restaurant infrastructure.

 

For the right operator, this represents a significant saving in both capital expenditure and time compared with taking an empty commercial premises and starting from scratch. The opportunity allows a new operator to walk into a professionally fitted restaurant and begin trading immediately, without the lengthy design, planning, fit-out and installation process normally involved in creating a new hospitality venue.

 

TRADING HISTORY & POTENTIAL

The restaurant has generated approximately £140,000 annual turnover based on just 2.5 trading days per week. The current trading pattern also offers significant potential for an incoming operator to develop the business further, through additional opening days, daytime service, events, private dining, takeaway, or an entirely new concept.

 

Financial information can be made available to genuinely interested parties following an initial enquiry and, where appropriate, under confidentiality.


EVENT & PRIVATE HIRE POTENTIAL

The restaurant also offers significant potential as an events and private-hire venue. The space has already successfully hosted two events, demonstrating its suitability for private dining, celebrations, corporate events and other functions. This has not been a significant focus of the current marketing strategy, leaving an additional revenue stream for an incoming operator to develop.

 

With its attractive interior, approximately 50 covers, bar facilities and outdoor terrace, the venue could provide a particularly strong proposition for private parties, celebrations, weddings, corporate gatherings, tasting events, community events, and other special occasions.

 

WHAT'S INCLUDED

  • The sale/assignment provides the opportunity to acquire a ready-to-go restaurant operation, including:
  • Commercial kitchen infrastructure
  • An experience FOH and BOH team available
  • Established supplier network
  • Front-of-house furniture and equipment
  • Bar equipment
  • Restaurant furniture
  • Lighting and fitted fixtures
  • Front-of-house equipment
  • Restaurant infrastructure
  • Existing EPOS setup 
  • Existing IT infrastructure, CCTV, internet, and phone line 
  • Transferable premises and alcohol licence
  • A full inventory of fixtures, fittings and equipment is available to interested parties.


    AN EXPERIENCED TEAM AVAILABLE

An experienced restaurant team is also available to continue with the business, subject to individual agreement. The team already knows the premises, systems and day-to-day operation, providing an incoming operator with the opportunity to retain an established team from day one. This could eliminate months of recruitment, training and team-building, significantly reducing the time, cost and disruption involved in assembling a new restaurant team and allowing a new operator to focus on developing the business from the outset.


ESTABLISHED SUPPLIER NETWORK

The incoming operator can also be introduced to the restaurant’s established network of wet and dry goods suppliers, many of whom already know the premises, location and operational requirements. These are trusted suppliers with whom the current owners have built working relationships, providing a new operator with the opportunity to maintain established supply arrangements from day one rather than having to source and establish new suppliers from scratch.

 

ADDITIONAL KITCHEN EQUIPMENT

A selection of premium commercial kitchen equipment is also available by separate negotiation, including:

  • Rational professional ovens
  • Commercial refrigeration
  • Hot cupboard
  • Other selected kitchen equipment

This provides an incoming operator with the opportunity to acquire additional high-quality commercial catering equipment alongside the lease assignment, should it be required.

 

IDEAL FOR

This opportunity would suit:

  • An experienced restaurateur looking for a second site
  • An independent operator wanting to avoid the cost of a new fit-out
  • A chef looking to open their own restaurant
  • An established hospitality business looking for a turnkey location
  • An investor/operator looking for an existing restaurant infrastructure
  • An operator looking to introduce a new restaurant, café, bar or hospitality concept
  • The opportunity is particularly attractive to anyone wanting to open or relocate a restaurant without the considerable cost, time and disruption involved in converting an empty commercial premises.


 

TENURE

Leasehold – assignment of existing lease

Remaining lease term: approximately 4 years, with the opportunity to negotiate a longer lease term with the landlord.

 

Rent: £24,000 per annum

Excludes business rates and utilities.

The assignment will be subject to the landlord's consent and the terms of the existing lease.

 

PRICE

£75,000 LEASEHOLD PREMIUM – OFFERS INVITED

The premium reflects the significant investment already made in the premises, together with the fixtures, fittings, restaurant infrastructure, and established destination profile.


 

VIEWING IS HIGHLY RECOMMENDED.

Please note: all figures are approximate and prospective purchasers should make their own enquiries and satisfy themselves as to the accuracy of the information provided.



 

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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.

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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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