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Traditonal Public House - Norfolk for Sale

Great Yarmouth, Norfolk

Freehold : 185,000

The public house is well located in the town centre and close to the sea front. The business is surrounded by a wealth of complimentary shops, hotels and guest houses all of which bring high tourist numbers to the area. The town of Great Yarmouth caters for traditional family holidays on a weekly and short break basis and is the areas prime tourist location with regards to attractions, accommodation, restaurants etc. The area of Green Parade is known as the golden mile for its quality beaches that are between the two piers. Great Yarmouth and the surrounding resorts and villages have strong road and rail links with mainline train station and the A47, A143 and A12 trunk roads.

Situated in the town centre of Great Yarmouth
Early viewing essential to fully appreciate
2 bedroom owners' accommodation
Advised weekly turnover of 1,400
Scope for further development
Genuine reason for sale
Self contained flat

Business History

Meridian Business Sales are delighted to offer for sale this superb public house which has been established for over 400 years and has been in the careful hands of our clients for the last 23 years. Our clients are reluctantly offering the business to the market due to a desire for a change of lifestyle. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 72,800 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business trades completely free of any brewery tie which is a rarity and as such the profit margins are above industry standards. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Trading Hours: Monday: 11:00am - 9:00pm
Tuesday: 11:00am - 9:00pm
Wednesday: 11:00am - 9:00pm
Thursday: 11:00am - 9:00pm
Friday: 11:00am - 12:00am
Saturday: 11:00am - 12:00am
Sunday: 12:00pm - 8:00pm
Accommodation: Character 2 storey public house, briefly comprising:

Alley way to secure entrance leading to:

Main bar area with seating for up to 18 and fitted bar servery

Pool room

Ladies & gents toilet facilities

Rear bar/function room

Access to private accommodation

Access to cellar and internal beer drop

Boiler room

WC with wash basin

Lounge with period features
2x double bedrooms

Access to flat roof/fire escape

Additional floor with self contained flat comprising of a double bedroom, kitchen/lounge/diner and shower room

Backs on to car park
Tenure: We are advised freehold
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436 Advert ID 36944    Sellers Ref : 3112/BSOL

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