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The Fleece Inn, 8-10 Saint Mary's Street, Bungay, NR35 1AX

£695,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Attractive market town freehouse
  • YE Jan 2025 sales of £859,319
  • Bar & restaurant areas for 90 covers
  • Function & private dining room
  • Three-bedroom staff accommodation
  • Grade II Listed, EPC rating C
  • Christie & Co Ref: 1456973

Description

Description

Rich in character, The Fleece Inn in Bungay is a beautifully preserved 15th Century building that exudes rustic charm. Inside, visitors are welcomed by exposed timber beams and striking feature fireplaces that tell tales of centuries past. The cosy bar area offers seating for around 20 guests. Beyond the bar, the restaurant unfolds into a series of partly enclosed snugs and seating areas, ideal for relaxed dining. The main restaurant space is open plan with room for 40 covers. Upstairs, a private function or dining room adds versatility to this enchanting venue.

Location

Nestled in the picturesque market town of Bungay in Suffolk, The Fleece Inn enjoys a prime spot in the heart of the historic Waveney Valley. Steeped in history, Bungay attracts strong tourist trade to the Bigod family's (now ruined) castle dating from 1165, its varied independent shops, regular market days, and lovely local walks.

Bungay is bypassed to the north by the A143 providing ready access to Lowestoft (16 miles), Great Yarmouth (19 miles) to the east and Diss (17 miles) to the west. The B1322 provides a direct route to the City of Norwich (16 miles to the north west). It is only six miles from the Norfolk Broads at Beccles.

Internal Details

Bar with low level seating for 20
Restaurant areas for 70 covers
First floor private dining/function room
Commercial kitchen
Ladies and gents WCs
Beer cellar

Fixtures & Fittings

We are advised all fixtures and fittings are owned outright and are included in the sale price. An inventory will be provided following the acceptance of an offer.

Residential Accommodation

The accommodation includes two double bedrooms, one single bedroom, a sitting room, kitchen and bathroom split level across the first and second floors.

External Details

There is a small courtyard with seating for 20 customers. The car park is located behind the pub and also has two garage units currently being used as storage.

The Opportunity

Offering a rare opportunity to buy a well-established, characterful public house in the heart of Bungay, the Fleece Inn presents a compelling proposition for prospective buyers. Having been fully refurbished in 2015, it has operated under consistent management for the owners since then. The business benefits from a loyal local customer base and a strong reputation for customer service and quality food. With consistent trade patterns and only modest seasonal fluctuations, the pub enjoys a gentle uplift in summer thanks to its attractive rear courtyard and increased footfall from tourists and nearby campsites. Its central location further enhances its appeal, making it an ideal acquisition for those seeking a turnkey hospitality business rooted in heritage and community.

Staff

The pub has benefitted from a very strong and loyal staff, many of which have been with the business for many years. A staff schedule can be provided to seriously interested parties after a viewing.

Trading Information

Trading information can be made available upon request.

Trading Hours

Monday to Thursday – 12pm to 9pm – Food served – 12pm to 3pm & 5pm to 8pm
Friday & Saturday – 12pm to 10pm – Food served – 12pm to 3pm & 5pm to 8pm
Sunday – 12pm to 8pm – Food served – 12pm to 7pm

Tenure

Freehold, to be sold as a trading going concern (TOGC)

Business Rates

The rateable value as of 1st April 2023 is £49,000

Regulatory

Premises licence. Mains electricity, water, drainage and gas. All cooking and heating is via the mains gas.

Brochures

The Fleece Inn, 8-10 Saint Mary's Street, Bungay, NR35 1AX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brampton Station6.1 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 1456973-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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