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Exceptional Freehouse & Restaurant, East Suffolk Village Near Beaches & Wildlife Park, Bar Diner, Restaurant & Function Room, Great Gardens, 6 Room Accommodation, Sales £500,000+ Net For Sale

Lowestoft, Suffolk, UK
Asking Price:
£75,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

This substantial pub restaurant is superbly presented offering considerable scope to build on the existing trade which delivers net sales of over £500,000 p.a. excluding VAT. With 65%+ derived from wet sales the potential to develop a significant food trade together with events and functions. Held on extremely attractive private lease terms with current rent of around £45,000 p.a. A real sleeping giant of a business.

The Premises & Trading Facilities
Smartly presented and fitted throughout with naturally light, airy trading areas comprising a main bar and diner for 50+, dedicated restaurant for 80+ and a functions room for around 70+. There is a large lawned garden trading area and substantial car parking facilities. Fully equipped commercial catering kitchen, walk-in fridge and freezer. Excellent ancillary areas.

Owners Accommodation
Spacious accommodation newly decorated on the first floor comprises 6 good size rooms plus a kitchen and bathroom.

Property Information

Property:

Leasehold