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WELL APPOINTED FREEHOUSE AND RESTAURANT WITH EXCELLENT LETTING ACCOMMODATION FOR SALE IN AN ENVIABLE LOCATION IN THE NORFOLK VILLAGE OF BRISTON, MELTON CONSTABLE

8319F


  • Well established and eye catching freehouse in a superb location.
  • Bar (circa 18) full of character with a welcoming atmosphere.
  • Separate modern country style Restaurant (circa 16).
  • Separate Snug/Games Room (circa 8).
  • Fully equipped Commercial Kitchen.
  • Two Bedroom Owners Accommodation with domestic kitchen.
  • 2 Bed Letting Suite with hot tub.
  • Stunning 1 Bed self-contained Apartment.
  • Large enclosed Garden and separate Patio Area.
  • Patrons Car Park.
  • Advised turnover circa £160,485 (inc VAT) year end March 2018.
  • Trade split is approx 60% wet; 20% food; 20% accommodation.
A FANTASTIC OPPORTUNITY TO PURCHASE THIS WELL ESTABLISHED BUSINESS IN A SUPERB LOCATION WITH HUGE GROWTH POTENTIAL AND AN ENVIABLE LIFESTYLE


ASKING PRICE £425,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS GOODWILL, EXCLUDING S.A.V.

Location

This long established and popular country freehouse and restaurant can be found in the affluent village of Briston in a sought after area in the heart of rural North Norfolk between Fakenham and Cromer on the B1354 just off the A148, the A148 being a major tourist route. Briston is a typical Norfolk village and along with the neighbouring village of Melton Constable offers local amenities such as post office, primary school, butchers, bakery, local shop and garage etc. The large market town of Fakenham with its many shops, supermarkets and cafes etc, also famous for its race course, is only 11 miles away and the popular coastal town of Cromer which is bustling with holiday makers and tourists especially during the spring and summer is also nearby.

THE PROPERTY

Is an impressive two storey building of brick construction under a pitched tiled roof and has been well maintained throughout. Formerly known as The Green Man and is believed to be in excess of 300 years old.

The Bar (circa 18)

Is full of character with olde’ worlde’ rustic charm and a modern twist. It has exposed beams and brickwork, impressive feature fireplace with open fire and York Stone hearth, wood flooring, fully equipped wooden bar servery with coffee station and is furnished with stylish miss-matched furniture.

The Restaurant (circa 16)

Separate to the bar is of a modern style with wood flooring, artex style walls, wooden bar servery, pew style benches, wooden tables and high back wicker chairs.

The Snug/Games Room (circa 8)

Is also separate to the bar and is fully carpeted, with dart board, pew style benches, tables and chairs (it may be possible to install a pool table).

Catering Facilities

There is a fully equipped Commercial Kitchen with stainless steel surfaces, pizza oven, cooker, salamander grill, microwaves, deep fat fryers and washing up area etc. (no appliances tested)

Cellar

Is in good order and well maintained.

Ladies & Gents W/C

All in good decorative order.

OWNERS ACCOMMODATION

Also located on the first floor comprises of 2 double bedrooms, lounge, study, bathroom and domestic kitchen

LETTING ACCOMMODATION

Located on the first floor with separate access comprises of a studio with double bedroom, lounge, bathroom and private balcony with hot tub, there is also a further double bedroom with W/C and basin.

Jo’s Place

Which is a stunning self-contained apartment located on the ground floor with separate access and consists of lounge/diner, fitted kitchen, double bedroom and wet room (ideal for long term or holiday let).

EXTERNAL

There is a large enclosed Garden laid to grass with trees and shrubs, currently being used for private use but could be used as a family garden or split for both. There is also a large Patrons Car Park.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Mon – Sun 24/7

Current opening hours are:

Mon 12 noon to 2.00pm, 5pm to10pm

Tues-Thurs 5pm to 11pm

Fri 12noon to 2.00pm, 5pm to 11pm

Sat 12noon to 11pm

Sun 12noon to 10pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business is being offered for sale freehold (although we have not had sight of the title deeds). All mains services are connected with LPG bulk tank for heating and electric for cooking (no services tested). Business rates payable are NIL.

THE BUSINESS

Our vendor clients took over the business 3 years ago in which time they have built up a good regular trade from the local community and surrounding area and have established an excellent reputation for hospitality and fantastic quality food and with occasional live music this establishment is becoming the hub of the community. The business also benefits from the letting accommodation especially Jo’s Place (the apartment) from the many visitors and holiday makers to the area all year round.

Due to the excellent location it is also very popular with walkers and cyclists etc and enjoys a high level of trade from the many holiday lets and nearby caravan park.

The business is currently being run by one of the owner’s full-time and two part-time staff as and when needed. Due to domestic reasons our vendor clients wish to relocate.

We are advised that accounts declare takings of £160,485 (inc. VAT) for year ending March 2018.

There is huge growth potential for new owner operators to take this business to the next level by extending the opening hours and food offering, improving the garden and opening it up to the public, also by promoting the letting accommodation to attract more family holiday makers, long term and business use, also by holding more events and entertainments such as festivals etc.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Geoff Bryan who would be delighted to discuss further details and can be contacted on 07887 571720.

Viewing appointments must be made via Guy Simmonds on 01332 865112.

ADDITIONAL IMAGES

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