3 bedroom pub for sale

Butchers Arms, Oak Lane, NR12 9JG

Guide Price £450,000

Property Description

Commercial information

  • Business for sale

Key features

  • Established & Well Known Free of Tie Licensed Pub Restaurant
  • WT £5,000, fantastic potential, limited trading hours
  • Sought After Village Location
  • Spacious 2/ 3 bed accom, car park, plus letting Accom

Full description

Tenure: Freehold

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

Conveniently situated in the centre of the village set back from the road the business enjoys a large amount of passing trade from walkers to people on holiday in the area.

Having been acquired by the present owners in 1999, this is a thriving and highly successful business which is renowned for miles around and therefore attracts customers from far and wide on a regular basis on both mid week and at 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.

This unique opportunity is only now being offered for sale due to retirement and viewing is highly recommended to avoid disappointment.

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 improvement which is only now being offered for sale due to retirement.

More information from this agent

Nearest stations

  • Worstead (3.6 mi)
  • North Walsham (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 stations

  • Worstead (3.6 mi)
  • North Walsham (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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.

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