5 bedroom pub for sale

NORFOLK

£32,500

Property Description

Key features

  • Eye-catching traditional inn in a prominent position.
  • Stunning and characterful Bar with a welcoming atmosphere (circa 30).
  • Stylish Lounge/Dining Room with Tudor oak panelling and feature fireplace (circa 22).
  • Separate Function Room with marquee attached (marquee available to purchase separately) (circa 50-60).
  • Fully equipped Commercial Kitchen.
  • Spacious 5 Bedroom Owners' Accommodation with potential for Letting Rooms.
  • Enclosed Family Beer Garden with covered patio and Child's Play Area.
  • Patron's Car Park for 20 cars.
  • Advised turnover circa 185,000 (incl. VAT) for year ending March 2015 split 65% wet, 35% food.
  • Private free of tie lease 4 years remaining.

Full description

Tenure: Leasehold

Ref 7792 LEASEHOLD

A RARE OPPORTUNITY TO ACQUIRE THIS WELL ESTABLISHED BUSINESS WITH IMMENSE CHARM AND CHARACTER AND MASSIVE GROWTH POTENTIAL IN A SOUGHT AFTER AREA

LOCATION
This well presented and long established traditional inn can be found in the village of Scole which is a popular and sought after area of Norfolk 19 miles south of Norwich and 3 miles from Diss, just off the A140. Scole is a typical Norfolk village with a population of around 1500 people. There is a local village shop, primary school and St. Andrews Church. The major Norfolk town of Diss with a population of over 8000 has a high level of industry and local businesses, also many shops, cafes, restaurants, leisure facilities and swimming pool etc,. Norwich City is only 45 minutes away and the historic market town of Bungay, famous for its castle is also in close proximity.

THE PROPERTY
Is an impressive 3-storey Tudor style building of brick construction under a pitched tiled roof part of it dating back 1560, and has been well maintained throughout.

The Bar (circa 30) has a superb welcoming atmosphere full of Olde worlde charm with a wealth of exposed beams and brickwork, 2 inglenook fireplaces with open fires, original oak flooring, flat screen T.V., fully equipped brick bar servery with bottle fridges and optics etc, and is furnished with matching chairs, sofas, stools and wooden tables.

Games Area is a designated section off the bar also with wooden floor and exposed beams, pool table, dart board, juke box, AWP and games machine and pew style benches.

Lounge/Dining Room (circa 22) is separate to the bar with Tudor oak style wood panelling, exposed beams, bar servery, excellent feature fireplace of brick and oak construction with multi burner. Fully carpeted throughout and stylishly furnished with matching tables, chairs and sofas.

Function Room (circa 50-60) which leads off the lounge is the perfect venue for weddings/parties etc. with wood flooring, exposed beams, feature brick and beam bar servery and furnished with matching tables and chairs.

Marquee which is permanently erected over a paved patio area and is attached to the function room. The is available to be purchased separately if required.

Catering Facilities There is a fully equipped Commercial Kitchen with stainless steel surfaces, extractor system, cooker, microwaves and fryers, fridge/freezer, storage and separate washing up and prep area (appliances not tested).

Ladies & Gents W/C all in good order.

Cellar below ground level all in good order and well maintained.

Owner's Accommodation
Is located over the first and second floor comprising 4 double en-suite bedrooms, domestic kitchen and open plan studio incorporating bedroom, lounge, bathroom and office. The 4 double bedrooms could be used for letting accommodation with some refurbishment.

External
There is an enclosed and well maintained family Beer Garden laid to grass with separate Child's Play Area, covered patio area, picnic benches with parasols and matching rattan tables and chairs.
Patron's Car Park for 20 cars.

TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Mon- Thurs 9.00am to midnight
Fri-Sat 9.00am to 02.30am
Sunday 9.00am to midnight

Current opening hours are:
Mon - Thurs midday to 11.30pm
Fri-Sat midday to 02.00am
Sunday midday to 11.00pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS
The business is offered for sale as a lease assignment with approximately 4 years remaining of a private full repairing and insuring lease which may be possible to extend subject to the landlord's consent.
We are informed that the rent is currently 31,500 per annum to be reviewed in June 2017. We are advised that the inn benefits from mains services (no services seen or tested). Business rates payable are advised as currently being circa 3,240 per annum.
THE BUSINESS
Our vendor clients took over the business 11 years ago in which time they have built up a well established and loyal wet trade from both the local community and surrounding area and also enjoy a good reputation for good quality home cooked food. With the added benefit of a well supported entertainment program including live music and karaoke and two beer and music festivals each year, also supporting a football team and pool team this establishment has become the hub of the community. Due to the excellent function facilities this business is also a popular venue for private functions such as weddings/parties etc and is often used by several clubs and societies such as The BMW Bikers club and the 4 x 4 Response Team. Due to ill health our vendor client has now decided they wish to sell the business.
The business is currently being run by the owner full-time, partner part-time and 4 part-time staff. We are advised that accounts declare takings of circa 185,000 (inc. VAT) for year ending March 2015. There is massive potential for new owner operators to build on this already well established business by promoting the food side of the business especially at lunch-time and also by utilising the superb function facilities for festivals, family days, BBQ's etc and private hire such as weddings.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Geoff Bryan who would be delighted to discuss further details and can be contacted on 07887 571720.
Viewing appointments must be made by contacting Guy Simmonds.

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.



Nearest station

  • Diss (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Diss (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7792. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds, National Licensed Property Agents. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.