The Street, NR14

LOCATION
Poringland  is a village in the South Norfolk (on the B1332) just 5 miles (8.0 km) south of Norwich city centre and 10 miles (16 km) north of Bungay. Its population has rapidly grown in the past 50 years and is approximately 4,000 surrounded by a large catchment area. The village contains many public services, including two pubs, a supermarket, estate agents', takeaways, a restaurant and various thriving shops. The village of Framingham Earl which borders Poringland and has a popular local High School.
DESCRIPTION
The property is well positioned on the main road, adjoining a popular public house. There is a large car park to the side of the property providing easy and convenient access. An application for the property to be converted to a seated restaurant was applied for, which has not been implemented. ref: 2016/0271 South Norfolk and Broadland Council)

***** VIEWING BY APPOITNMENT ONLY *****

ACCOMMODATION
The building has been purpose built as a fish and chip takeaway proving excellent preparation and storage space, along with easy service access for the public. The overall layout provides an exceptionally high standard of cleanliness and hygienic operation.
The business has a strong and growing profit margin with tremendous scope for expansion from a new younger foodie entrepreneur. The business operates with 5 part time staff and 1 full time.

PRICE
The owner will sell their business/ lease for £230,000 which includes all the fixtures and fittings and a rent of £16,500pa. Alternatively the owner would consider selling the freehold and is looking for offers in excess of £350,000 for the business and their freehold interest.
The financial information and up to date accounts will be released once a formal viewing has taken place.


FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.

SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Sales/Letting Agents.

RATES
The 2023 Rateable Value is £8,600, qualifying for 100% Small Business Rates Relief.

EPC
EPC Energy Performance Certificate is Band B (39)

TRADING HOURS
Thurs, Fri, Sat 12.00-13.30 then 17.00-19.30