Key Features:
- Freehold Commercial Investment
- Established Tenant in Occupation
- Sale Subject To Existing Tenancy
- Popular Café & Sandwich Bar Premises
- Prime Norfolk Broads Location
- Prominent Norwich Road Frontage
- Seven-Day, Year-Round Tenant Operation
- Established Local & Visitor Trade
- Approximately 39 m² (420 sq. ft.)
- Café Business Not Included in Sale
INVESTMENT ON THE NORFOLK BROADS
WROXHAM/HOVETON, NORFOLK
Number 14 presents an opportunity to acquire a prominently situated freehold commercial investment in the centre of Hoveton and Wroxham, at the heart of the Norfolk Broads.
The property is positioned between Wroxham Bridge and Roys of Wroxham, benefiting from pedestrian activity generated by local residents, shoppers, day-trippers and holidaymakers. It is let to the owner and operator of Number 14, an established coffee shop and sandwich bar trading from the premises.
The sale comprises the freehold interest subject to the existing tenancy. The café business itself is not included in the sale.
INVESTMENT:
The premises are occupied by a tenant who owns and operates the Number 14 café business. The café trades throughout the year, generally seven days a week, offering all-day brunches, light lunches, sausage rolls, homemade cakes, scones and a varied selection of hot and cold drinks.
The business attracts customers from the local community as well as the considerable number of visitors and holidaymakers drawn to Hoveton, Wroxham and the Norfolk Broads. Its central location is readily accessible to customers arriving by coach, car and boat.
The property is therefore offered as an income-producing freehold investment, allowing a purchaser to acquire the premises with an established commercial tenant already in occupation. The tenant remains responsible for the ownership and operation of the café business.
Full details of the tenancy, including the passing rent, lease term and principal lease provisions, are available to genuinely interested parties following completion of the non-disclosure form.
PREMISES:
The property comprises well-presented commercial premises extending to approximately 39 m² (420 sq. ft.), with a prominent frontage and direct access from the Norwich Road pavement.
As currently configured by the tenant, the premises provide a customer seating area accommodating approximately 25 to 30 covers. Tables and chairs are arranged at the front and along the left-hand side of the building, with approximately four external covers available during suitable weather.
A modern commercial kitchen is positioned at the rear and benefits from a separate side access door. The property also includes a spacious accessible WC, approached from the alleyway on the right-hand side of the building.
Any tenant’s trade fixtures, fittings, equipment, stock and business assets are excluded from the freehold sale unless expressly stated otherwise.
KEY INFORMATION:
AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.
CONFIDENTIAL INFORMATION: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.
REFERENCE NUMBER: TR35970E.
TENURE: Freehold.
RENTAL INCOME: Current rental income: £10,200 per annum.
RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
EPC: The Energy Performance Certificate shows a rating of ‘37/B’, full document available on request.
PRICE: FREEHOLD INVESTMENT: £250,000.
An income-producing freehold investment with an established tenant in occupation.
VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.
BUSINESS TO SELL: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.
DISCLAIMER:
1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.
2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.
3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.
4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.
