Country Restaurant and Bed & breakfast

Harleston, Norfolk
REF: 01727

Asking Price:
£100,000
Annual Turnover:
£154,000
Annual Net Profit:
£67,000
Recently Sold
REF: 01727
Photo of Country Restaurant and Bed & breakfast
Photo of Country Restaurant and Bed & breakfast
Photo of Country Restaurant and Bed & breakfast
Photo of Country Restaurant and Bed & breakfast

Overview

Tenure:
Leasehold
Established:
TBC
  • Stunning Location
  • Great reputation
  • 2 x lettable rooms, 1 x apartment
  • Refurbished to a high standard
  • AA 2 Rosette Restaurant & 4 Star Bed & Breakfast

This is an excellent opportunity to purchase a well-established restaurant and bed & breakfast in Harleston, Norfolk. The business has been renovated to an exceptionally high standard throughout and is ideally located in a scenic part of the county.

The restaurant has a great reputation amongst the local and tourist community due to their high quality cuisine and accommodation. The business has several different revenue sources and huge potential for future success and growth.

The business is set in a large detached building, on approximately one acre of land. The business also car parking facilities to the front and back.

The current vendors have tastefully furnished the business throughout with high quality, traditional furniture and have skillfully maintained the character of the property. On entrance to the building there is a small reception area for visitors before they are seated in either the lounge or the restaurant.

There is a cosy lounge which has a bar and various seating units. Behind the bar and out of view to customers, there is a large kitchen, office and storage room. There is then the restaurant area which can accommodate 70 diners. There is also an outside terrace which offers great views of the surrounding landscape and is hugely popular in summer months.

There are two en suite rooms and a self-contained (3 bed) apartment. These are usually used by guests once they have visited the restaurant, however they could easily be transformed to living accommodation.

Location

  • The business is located in an affluent area of countryside in Norfolk. The area attracts a large number of tourists throughout the year, many of whom visit the restaurant and bed and breakfast during their visit. The restaurant and living accommodation both offer beautiful views of surrounding countryside, which attracts new clients on a regular basis. The business also benefits from having minimal competition from similar businesses in the area.

Property

Annual Rent
£33,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
D 76-100

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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