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Truck Stop & Roadside Restaurant - Potential Redevelopment - Norfolk For Sale

Swaffham, Norfolk, UK
Asking Price:
£450,000
Turnover:
Available on request
Net Profit:
Available on request

Great Location
Long Established
Very Well Known With Lorry Drivers
Possible Redevelopment
Suitable For Various Uses Subject to Planning
Situated on A47 at Swaffham, Norfolk
Only Truck Stop in Norfolk
1 Acre Site
Former Little Chef Site
Viewing Highly Recommended

Particulars
The property is prominently situated on the A47 Westbound, close to the roundabout junction with the A1122 some 2 miles from Swaffham. Kings Lynn is some 14 miles to the west and Norwich 29 miles to the East. The location is ideal for truckers as it is on the limit for driving hours and given that it is (so we are advised) the only formal truck stop in Norfolk it is understandably very popular.

Whilst a profitable and long established business which could be developed further by a new owner, there is also a clear opportunity for the site to be redeveloped, subject to any appropriate planning consents that may be required. Given the previous uses of the site and the move to more out of town developments, it is expected that any application for suitable development would be considered positively.

The business itself
This is a profitable concern with a high turnover achieved through a combination of restaurant takings, shower charges and lorry parking fees. There is in addition the opportunity to extend the offering of the site with additional services such as vehicle washing, car sales or other such ventures.

The business is currently accommodating up to 20 lorries of an evening with the ability to expand this further if so wished. Currently run by the vendor, his son and a self employed assistant, the overheads are low. Full accounts are available after meeting the vendor.

Accommodation
All measurements are approximate and for guidance only.

The property consists of a former purpose built Little Chef restaurant with a large car park.

The restaurant comprises a fully equipped kitchen, dining area for c. 48 covers (pre-Covid), W.C's and a separate shower block. The restaurant is particularly popular with lorry drivers for overnight stays who appreciate a hearty meal whilst watching the large screen T.V's and the comfort of being able to enjoy a hot shower after.

The net internal area is just under 2000 sq. Ft and includes, as well as the above, staff room, office, storage rooms and staff toilet. The adjacent car park has space for at least 30 cars or 20 lorries.

The gross site area is approximately one acre. The property has an A3 licence and the site offers potential for alternative uses within the A1 and A2 classes however in addition, given the previous uses on the site, we believe it could also be used as a drive-thru site or for a small hotel or similar.

Interested parties should make their own enquiries regarding change of use with the Planning Department of Breckland District Council.

Further information

Our reference
R33147E

Opening hours
The business operates flexible opening hours to suit the needs of it's customers with it's main opening hours being the evening service providing hot meals for the truck drivers who are stopping overnight.

Tenure
Freehold.

Rates payable
The vendor has advised that they are currently benefiting from an exemption to pay business rates.

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.

Viewing
Strictly by appointment only, please call our Norwich Office to make an appointment.

Finance
Finance may be available to suitable purchasers.

Business to sell?
Let us know as soon as possible! Just ask for a Free no obligation valuation and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

Premier marketing
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

Unhappy?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a Free no obligation marketing appraisal of your business.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Property Information

Property:

Freehold

Contact Everett Masson & Furby

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