Buy a River Front Norfolk Broads Thatched Period Restaurant Property For Sale business for sale in Horning on BusinessesForSale.com

  • Advert ID: 639794

River Front Norfolk Broads Thatched Period Restaurant Property For Sale


Location:
Category:
Asking price:
£169,995 (Furniture / Fixtures included)
Sales revenue:
£175,000
Net profit:
Available on request


• 169,995 + SAV
• Licensed Restaurant & Gardens Accommodating 83 Covers
• Attractive picturesque Norfolk Broads setting
• Located centre of village adjacent River Bure
• Self-Contained Holiday cottage
• Private Flat
• Substantial detached thatched property

Description
A substantial two storey property with parts dating circa 1695. the property is of traditional construction with more recent additions and has recently undergone extensive modernisations, refurbishment and redecoration. The Property has a pitch thatched roof with external white wash rendering. The ground floor trading area comprises restaurant and ancillary areas with an external food area and drinking area and adjacent holiday cottage.

Public Areas
The restaurant can be accessed either off Lower Street via a riverside road providing access to:

Restaurant 42 Covers. The dinning area is laid out in two sections with loose tables and chairs. The trading areas are divided by a feature fireplace with insert wood burner.

Servery counter is located to the rear of the premises with draft lager, beers and still.

Ladies and Gentleman’s WCs.

Ancillary areas

Trade Kitchen – recently refitted kitchen with stainless steel commercial cooking equipment and extractor fan.
Large dry store
Laundry Room

External Details
Enclosed courtyard food and drink gardens which overlooks the River and can accommodate a further 40+ covers. Additionally there is a paved area enclosed with flowers and shrub borders to the garden.

To the outside of the premises there is a private enclosed garden providing bin and additional storage facilities. There are also two parking spaces with access from Lower Street.

The Business
The business has recently undergone redecoration and the outside has been totally repainted as of the start of of 2007. The business has a long trading history as one of the most prominent restaurant and tea rooms on the Norfolk Broads. As more people holiday in the UK the Norfolk Broads and particularly Horning have seen numbers rise considerably through out the year with customers staying in nearby holiday accommodation and bed and breakfasts. A high
Proportion of day visitors and coach trade are particular features of the town.

The business is well located to take advantage of these holiday makers and day visitors who travel by road or boat and with moorings directly outside the premises there is a continuation of passing trade all day. During the winter the area is also popular with bird watchers, cyclists and walkers. The business caters for families and large parties and provides home made scones, filled baguettes, Sandwiches, Salads and complete evening and daytime meals, and with the premises being fully licensed.

An attractive building located in a popular tourist area which should be viewed at the earliest opportunity.

Trading Hours
Tues – Sunday 11-3 / Evenings 6:30pm Tues – Sat

Reduced Trading Hours in Winter Months – November - January
Thurs – Sunday 11-3 / Evenings 6:30pm Thurs – Sat

Fixtures & Fittings
Fixtures and fitting that are include in the sale are free from loan, lease or hire purchase agreements.

Services
All Mains services to the premises are connected. The holiday cottage and the private accommodation have gas central heating via radiators and there are electric night storage heaters in the restaurant.


Property:
Leasehold
Lease terms:
16 Year Leasehold, held on the residue of a full repairing and insuring lease with a current passing rent of £22,500 per annum There is a rent review every four years, last one completed 2007
Living accommodation:
Private Accommodation/Flat(1 Bedroom) The flat is located above and is accessed by the restaurant comprising Kitchen, Double bedroom with on suite bathroom, Dinning area, Lounge. Letting Accommodation (Holiday Cottage) (1 Bedroom)There is a self contained cottage adjacent to the restaurant which has undergone extensive redecoration in 2008 comprising of Ground floor - Kitchen and Bathroom First Floor – Lounge(with sofa bed) and double bedroom, both have view of the River Bure.
Location:
Staithe ‘N’ Willow is situated in the centre of the Broadland village of Horning adjacent to the River Bure, Part of the Norfolk Broads. The property is close to car and coach parking with the County town of Norwich approximately 13 miles and Wroxham 3 Miles distant.

16 Lower Street, Horning, Norwich, Norfolk, NR12 8AA.

Restaurant Web: www.broads-norfolk.com
Cottage Web: www.broads-norfolk.co.uk

Expansion potential:
Business is currently closed Sunday evening and all day Monday.
The business currently runs lunch times and evenings only.
Conversion to all day opening for "tea room" business would be very successful.
Reasons for selling:
Wishing to move on.
Trading hours:
Tues- Sat 11-3 /630 pm, Sunday 11-3
Website:
www.broads-norfolk.com
Related documents:

For more information about this business for sale, click the Contact Seller button.

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