Business For Sale (Confidential) > North Norfolk Town
- SIZE
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- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes
A3
Key features
- Excellent Sought-After Location
- 75 Covers Inside, Plus 24 Outside
- Huge Scope for Further Growth
- Ground-floor Bar & Dining Area
- Strong Brand & Highly Regarded
- Large Characterful 2 Storey Property
- Property, Fittings & Equipment 'As New'
- Staff Run Day-to-Day
- First-floor Restaurant / Function Room
- Customer Car Park
Description
This well-established, highly regarded wood-fired pizza restaurant, bar and takeaway offers an exciting opportunity for a new owner to take over a successful and thriving enterprise. Set within a large, characterful two-storey property, this business benefits from excellent fixtures and fittings, providing an ideal base for further expansion. With a strong brand and a well-earned reputation, it presents significant growth potential for a new owner.
THE BUSINESS:
The business operates from a well-presented and fully equipped premises, offering dine-in, takeaway, and bar services. Managed by a dedicated team of 5 full-time and 10 part-time staff, it runs smoothly on a day-to-day basis without the need for hands-on management by the owner. With a substantial number of covers across both indoor and outdoor seating, it is perfectly positioned to continue its upward trajectory.
Trading five days a week, there remains room to expand hours and services, creating further opportunities to grow the already strong brand. The business benefits from Small Business Rate Relief, making it an affordable and viable venture for a new owner to explore additional growth avenues.
PREMISES:
The premises boast an appealing, characterful two-storey layout. On the ground floor, customers are welcomed into a spacious bar and dining area, ideal for casual dining and drinks. Upstairs, the first floor is home to a charming restaurant space, also suitable for private functions, which adds to the versatility of the business. Outside, there is ample parking for customers and an additional outdoor seating area.
The property's equipment and fittings are in excellent condition, ensuring that the new owner can focus on growing the business without significant immediate investment.
KEY INFORMATION:
AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.
CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business - including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.
REFERENCE NUMBER: R36089E.
OPENING HOURS: Wednesday to Sunday, 12:00pm to 10:00pm.
TENURE: Leasehold.
The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.
RENT PAYABLE: £18,000 per annum.
RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
STAFF: 5 Full-Time, and 10 Part-Time/Casual.
EPC: The Energy Performance Certificate shows a 'B' rating and a score of 38 for the property.
PRICE: £150,000.-- PLUS STOCK AT VALUATION.
For the benefit of the leasehold interest, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.
VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.
BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.
DISCLAIMER:
1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.
2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.
3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.
4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.
Energy Performance Certificates
EPCBrochures
Notes
Disclaimer - Property reference R36089E. 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 EM&F East Anglia, East Anglia. 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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