Vernon Arms, 2 Church Street, Southrepps, Norwich, NR11 8NP

Description
The property comprises three former cottages creating a detached two storey building of brick construction with exposed brick and flint elevations beneath a multi-pitched tiled roof. There are several single storey extensions to the side and rear. External areas include gravel car parks to the front and rear and a beer garden. The property is within a plot of approximately 0.39 of an acre.

Location
The Vernon Arms is located in the village of Southrepps approximately 5.2 miles east of the popular coastal town of Cromer and 22 miles north of Norwich. Situated in the North Norfolk countryside, the village is well connected to coast, rural and Norfolk Broads amenities as well as numerous surrounding villages. Trimingham Beach is located approximately 4 miles north east. Upper and Lower Southrepps has an approximate population of 815 (2011 census).

Internal
Ground Floor
The pub benefits from a traditional bar servery and three connected customer areas which can seat up to 90 covers. Ancillary space includes commercial kitchen, ample storage, a ground floor beer cellar and customer WCs.

Upper Floor
Accommodation on the first floor is currently used for ancillary purposes but consists of a large lounge area, two bedrooms, bathroom, and kitchen
area.

External
There are two gravel car park areas located to the front and rear of the plot with space for approximately 28 cars. Situated to the rear is a beer garden with seating potential for in excess of 64.

The Business
The Vernon Arms was acquired by our clients in 2009 and has built a solid reputation as an independent free house with Tripadvisor rating of 4.6/5.0 (768 reviews). The Profit & Loss accounts for the year ending June 2024 show a net annual turnover of £684,115 and a profit before tax of £103,521. Further information is available to seriously interested parties.

Planning
The property is Grade II listed and situated within the Southrepps (Upper) Conservation Area.

EPC & Services
C - 57. We understand that mains electricity is connected. A heating oil boiler runs the hot water and heating for the building and the trade kitchen oven range runs on LPG. The building is connected to mains sewerage.

PREMISES LICENCE
The property benefits from a premises licence granted by North Norfolk District Council which permits various activities including the sale of alcohol Monday to Thursday 10:00 - 00:00, Friday and Saturday 10.00 -00.00 and Sunday 10.00 - 23.30. Licence Ref: LN/ .

Tenure
Freehold (NK145265).

Terms
Freehold guide £795,000.
We anticipate that the property will be sold as a Transfer of a Going Concern with TUPE in place. All fixtures and fittings which are owned outright by the vendor will be included, with the exception of stock which will be purchased in addition at valuation on completion of a sale.

Planning Permissions
North Norfolk District Council has granted the following. Ref. PF/11/0488: Conversion of part of first floor to a holiday flat, erection of single-storey extension and two holiday dwellings

Viewings
The property is operational so we recommend a discreet customer visit in the first instance before a formal viewing; please do not approach the business directly. Opening hours are standard (closed Monday). All enquiries should be directed to the sole selling agents, Savills.