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The Stag, 3 Lower Street, Salhouse, Norwich, United Kingdom, NR13 6RW

Guide Price
£699,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Detached Pub on Norfolk Broads
  • Recently renovated to an exceptional standard
  • Four luxury double en-suite letting rooms
  • Extensive trade areas totalling c.75 covers
  • Large trade garden to rear c.150 covers
  • Customer car park for c.20 vehicles. Awaiting energy rating
  • Christie & Co Ref: 1456959

Description

Description

Acquired 18 months ago by the current owners, The Stag has been fully refurbished. This includes a new ground floor layout, a brand new fitted commercial kitchen, an open-plan pizza servery, and four luxury letting rooms on the first floor.

The property also boasts a large trade garden at the rear and ample customer parking at the front.

Location

Located just outside the Broadland village of Salhouse, the premises sits in a prominent position facing onto Lower Street and the corner of Bell Lane. Just 20 minutes (6.5 miles) from Norwich City via the A127, this idyllic village on the broads is easily accessible for residents and holiday makers.

The Stag Public House lies within easy distance of a shop, a café, a garden centre, its very own broad (Salhouse Broad), and a train station (the Bittern Line) serving nearby Norwich and Wroxham.

Salhouse provides plenty to do with attractions for walkers, cyclists, boaters and camping sites all within the local area.

Internal Details

The Stag briefly comprises:
* Main entrance into restaurant area and main single bar servery *open brick fireplace with woodburning stove *Access to customer toilets inc. accessible facilities * Open plan pizza oven and servery * Access to rear restaurant with fitted and loose seating for a further 20 covers or private dining area* Doors to covered terrace dining and BBQ area * Ground floor Cellar * Fully fitted commercial kitchen with prep area and external storage in outbuildings * Access to first floor rooms from rear of bar.

Fixtures & Fittings

Fixtures and fittings to be included in the sale - a full inventory will be made available upon agreeing a sale.

Letting Accommodation

First floor can be accessed from the side entrance as well as he bar area and comprises:
*Four double letting rooms all with luxury en suite shower rooms finished to a high standard, including Wifi access and tea & coffee making facilities.

External Details

Well maintained rear trade area accessed from the rear restaurant and to the side of the pub. Includes terace didning and a further lawn area offering a potential 150 additional covers.

Customer car parking for c.20 cars to the front of the property.

The Opportunity

The current owners took on The Stag (formerly known as The Bell) as a project alongside their other local businesses. They invested significantly in its refurbishment, which is evident in both the exterior and interior appearance, as well as the attention to detail in all aspects throughout the pub.

With a balanced focus on both food and beverages, the pub has seen remarkable growth in popularity and turnover since it began operating as The Stag.

In just 12 months of trading, The Stag achieved a turnover exceeding £749,000 for the 2023/2024 period. This opportunity is ideal for an experienced owner-operator local to the area who wants to continue this growth with minimal initial costs. The pub could also be a great fit for a small group with local experience and accommodation offerings.

Staff are protected under TUPE, and a full list of employees can be provided.

Trading Information

Available once a viewing has taken place.

Trading Hours

The Stag currently opens and operates seven days a week.
Instagram: @the_stag_salhouse

Tenure

Freehold

Business Rates

The rateable value as of April 2023 is £5,650.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

The Stag, 3 Lower Street, Salhouse, Norwich, United Kingdom, NR13 6RW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salhouse Station0.9 miles
  • Hoveton & Wroxham Station2.6 miles
  • Brundall Gardens Station3.8 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 1456959-fh. 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 Christie & Co, Pubs & Restaurants. 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.

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