Leisure/hospitality for sale in Horning, Norfolk NR12, £45,000

45,000.00

Offer Nr.:
65521821
Type of ad:
for Sale
Property type:
Leisure/hospitality
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

* Leasehold
* Beautiful Setting on the River
* Well Supported by the Local Community
* Holiday Let with Strong Occupancy Rates
* Huge Scope to Develop Evening Trade
* 36 Covers Inside & 42 Outside
* Popular & Busy Tourist Location
* Owners Apartment or Possible Letting
* Very Well Presented
* Delightful Gardens
* Winner of Tripadvisor & England Business Awards

**agents note: ** This is a business for sale as a going concern, not an empty
premises for sale or let.
**Additional 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.

**particulars**
This is a rare opportunity to purchase a charming café/bistro situated in a
prime location on the Norfolk Broads. The property offers a wonderful
lifestyle setting and comes with owners/staff accommodation and a separate
holiday cottage. In such a delightful setting this really could be your
idyllic new business venture.
The property has a long and rich history dating back to the 1600’s and is a
well - known landmark on the river bank. The vendor has recently refurbished the
property, but reluctantly find they now have to move on, offering someone new
a great opportunity to take the business to the next level and enjoy the
benefits of this beautiful location.
**The business itself**
The current owners have run the business here for almost two years, but due to
health and other work commitments they have made the difficult decision to
look to pass it onto new custodians. During their ownership they have improved
the restaurant, kitchen and holiday cottage making it much more attractive and
appealing throughout. They have also established a good reputation for the
business among the local community with the improvements made to the property,
food menu and the service provided.
The business features prominently on social media with well thought out and
catchy posts. The high standards and reputation have led to the business
becoming a multiple award winner with excellent online reviews. It is
therefore unsurprising that they are regularly asked to cater for private
events and to open in the evenings and this is clearly an area that a new
owner could look to capitalise on. Already with the benefit of an alcohol
licence, the restaurant makes an ideal evening venue to host regular events
such as Fish & Chip nights or a French night as examples.
The Norfolk Broads, on which the business sits, is one of the main tourist
attractions in the area, with many boats passing by as well as mooring up in
the village on a daily basis. This brings significant numbers of customers
into the village to compliment the local trade and there could well be ways in
which to further tap into that market with the provision of picnic baskets and
such like.
The business of course also benefits from the income generated by the attached
holiday cottage which we have been advised is particularly popular with many
returning guests and an occupancy level being achieved in the region of 90%.
With owners accommodation as well, which could potentially be let separately,
the business and premises give good scope to be operated in a number of
different ways to suit someone new taking over.
**Premises**
A charming thatched building in an ‘L’ shape hosts a restaurant on the ground
floor and owners living quarters on the first floor, a commercial galley style
kitchen to the rear and a self - contained holiday cottage set over two floors.
The cottage overlooks the river and has the benefit of the use of a private
garden area, whilst customers can sit in the pretty courtyard and enjoy the
view out onto the water and the boats passing by.
The restaurant has four entrances from the courtyard, one of which leads to a
lobby with two w. c’s. The other three can be used as desired. The restaurant
is split into the main room with adjoining snug, accommodating up to 36 people
and has a cozy atmosphere with wood burner. It also has many character
features and scenic views of the river, the green and the gardens. The service
counter is located at one end of the restaurant and has a coffee machine
(leased), a bean grinder, urn and under - counter refrigerators, as well as
drinks storage. The restaurant has an alcohol licence, a 5* Food Hygiene
Rating, epos till and CCTV.
The owners accommodation is accessed by stairs from the snug and consists of
an open plan kitchen, dining and study area, and a lounge with stunning views
of the river. There is also a spacious double bedroom with an en - suite shower
room.
The kitchen can be reached from the back of the restaurant or from either of
the two external doors that lead to private areas. It is well equipped with
stainless steel surfaces and fittings, including a large commercial extraction
unit. It has a wide range of cooking equipment that can cater for the needs of
the business and for an evening service if desired.
The owners have renovated the holiday cottage to a high standard and it is a
valuable addition to the business. The kitchen and bathroom on the ground
floor are well - equipped for a short term stay. The living area upstairs has a
sofa, table and chairs and a stunning view of the river. The double bedroom is
also nicely furnished and has the same scenic outlook.
The business and property come with private parking as well as public parking
nearby.
This is a great opportunity that deserves your attention, so please get in
touch with us to find out more about this beautifully positioned business.

**further information**
**reference number: **
R35743E.
**Opening hours: **
8: 00am to 3: 00pm Wednesday to Monday.
**Tenure: **
Leasehold. The sale will be subject to a new lease being granted on terms to
be agreed between the parties. We understand that the Freehold interest may be
available by separate negotiation.
**Rent payable: **
Currently £30, 475 per annum. As a new lease will be granted the rent amount
will be agreed as part of the lease negotiations.
The purchaser will be responsible for the landlords costs and fees in
connection with the grant of a new lease.
**Rates payable: **
Currently no Business Rates are payable as the property benefits from 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: **
Where applicable the Energy Performance Certificate is available on request.
**Price: **
£45, 000.
For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable
in addition on completion at valuation. This is a business for sale as a going
concern.
**Viewing: **
Strictly by appointment only, please get in touch to make an appointment.
**Finance: **
We may be able to help you with business financing or your commercial mortgage
needs, subject to eligibility. Please let us know if you need our assistance
with this and we will put you in touch with our recommended whole of market
broker.
**Business to sell: **
Thinking of selling your business? That's our business!
If you are interested in finding out how much your business is worth, we offer
a free and confidential valuation service. You can choose the time and day
that suits you best, and we will give you an honest and professional
assessment. Please contact our office at your convenience to book an
appointment.
**Premier marketing: **
We are passionate about showcasing our businesses in a way that sets us apart
from others. We provide quality property details and comprehensive information
on all online platforms and our own website. If you want your business to
stand out from the crowd, call us to book a free valuation.

**disclaimer**
**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.

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