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3 bedroom pub for sale

Oak Lane, East Ruston

Guide Price £400,000

Property Description

Key features

  • BUSINESS OPPORTUNITY
  • POPULAR VILLAGE LOCATION.

Full description

*TURN KEY BUSINESS OPPORTUNITY WITH LAND* A thriving local PUBLIC HOUSE with all fixtures and fittings included in the sale. The Butchers Arms has been run by the current landlords for circa 25 years and is still in FULL operation. There is POTENTIAL here for further development on the land (stpp).

East Ruston has a primary school and public house/restaurant and is ideally placed to enjoy the benefits of rural life while offering easy access to amenities. The nearby market towns of Stalham and North Walsham offer an extensive range of amenities, as does the nearby Broads capital of Wroxham.

GUIDE PRICE £400,000 - £450,000

This is a rare and exciting opportunity to purchase this long established and well known Pub and 90 cover Restaurant which is located in the village of East Ruston, Norfolk. 

Conveniently situated in this popular village and set back from the road, the business enjoys a large amount of passing trade from walkers to people on holiday in the area. The current owner has several links with local bus touring companies who often bring their excursions to The Butchers Arms.

Having been acquired by the present owners in 1999, this is a thriving and highly successful business which is renowned across Norfolk and further adrift, which therefore attracts customers from far and wide on a regular basis, during the weekdays and also weekends.

The business offers a traditional pub menu with all food prepared and cooked from fresh ingredients and has room for 90 covers set within three separate restaurant areas, two of which could be used for private functions or private dining. 

The business operates from substantial and highly imposing detached premises which provide extremely spacious and versatile business accommodation located to the ground floor. To the first floor there is a good sized 2 double bedroom family accommodation. 

The business is a thriving and highly lucrative free of tie establishment achieving good profit margins yet still offers tremendous scope for future growth and improvement. The business currently trades on limited trading hours 7 days a week thus offering great potential to market the business within the surrounding areas to maximise coverage and awareness of the business which will undoubtedly create significantly higher weekly sales whilst ultimately maximising overall profitability. 

WEEKLY SALES 
Wet takings 30% Dry takings 70% 

ACCOUNTS 
Current records and accounts can be inspected when viewing. 

TRADING HOURS 
Monday - Saturday 11:30 - 23:00 
Sunday 12:00 - 22:30 

STAFF 
Managed by the owners with full/part time staff. 

PROPERTY 
Substantial and highly imposing detached premises offering spacious and versatile accommodation with further accommodation set within the gardens which could be utilized as holiday lets/B&B subject to the usual planning permissions. The property also benefits from a large garden and customer car park. 

RESTAURANT/BAR/AREAS 
The lounge bar is well presented with attractive décor and good quality furniture creating a welcoming environment along with three separate restaurant areas which could be used for private functions and or private dining. In addition to the main rooms there are ladies and gent's toilet facilities, a full commercial kitchen, ample storage and a ground floor beer cellar. 

RESIDENTIAL ACCOMMODATION 
The private living accommodation offers spacious first floor family accommodation. The property offers 2 double bedrooms, living room and bathroom. 

TENURE 
We are advised that the property is freehold. 

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification. 

SUMMARY 
This is a rare opportunity to purchase a well established business which offers terrific potential for future growth and provides large land with possible future development, including long term possibilities for building plots (subject to planning permission) on the surplus land.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.


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