Pub/bar for sale in Norwich Road, Barham, Ipswich IP6, £1,250,000

1,250,000.00

Offer Nr.:
66726214
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Paul Hubbard Commercial Ltd
Phone(s):
01502 392063

* Freehold
* Highly successful pub and restaurant in the heart of the Suffolk countryside.
* Separate 8 bedroom guest accommodation block.
* Private 2/3 bedroom owner's accommodation above the pub.
* Set on 1. 2 acres of land with over 6400sq ft of floorspace internally.
* Fantastic business opportunity, with the business currently generating revenue in excess of £900, 000pa.
* Accounts available upon request.
Stunning Grade II listed countryside pub and restaurant, set on 1. 2 acres of
land, with separate 8 bedroom guest accommodation, private owners
accommodation and large beer garden.
**The Sorrel Horse Inn**
Paul Hubbard Commercial are proud to bring to market an exceptional business
opportunity, situated in the heart of the Suffolk countryside in Barham.
The Sorrel Horse Inn, a Grade II listed traditional public house and
restaurant, with separate accommodation, has been a hugely popular and
successful destination for locals since the current owners took charge nearly
40 years ago.
Located on a site in excess of 1. 2 acres and with over 6400sq ft of
floorspace, this is a spacious and imposing property which presents a huge
opportunity for a new owner to come and put their own stamp on things.
The business has two highly successful components, the pub and the 8 bedroom
accommodation, which between them generate a healthy turnover in excess of
£900, 000pa.
Situated in the Suffolk countryside, just off the A14 and 8 miles north of
Ipswich, the business benefits from a mix of trade from local residents from
nearby villages, commuters and holiday makers alike.
The business employs 22 staff including the owners, 5 of which are currently
full time. The includes 4 cleaners, 4/5 bar staff and the remainder are a mix
of waiters/waitresses and kitchen assistants.
Full accounts and trading information can be provided upon request.
**The Pub**
The pub and restaurant is highly popular and is open 7 days per week, offering
traditional pub meals and local ales all year round.
With exposed beams, a welcoming open fire place and stunning period features
throughout, it is clear why the establishment has remained so popular and
successful throughout the years.
As well as inviting decor and a spacious layout, the property also boasts a
large beer garden with a children's play area and parking for up to 60
vehicles. The owners have hosted various events throughout the years such as
music events and beer festivals, making use of the abundance of space on site.
The restaurant area can seat up to 60 guests, however the pub has capacity for
up to 100 diners, offering a great opportunity to maximise food sales and
cater for larger bookings.
There is a fully fitted commercial kitchen and preparation area with high
quality equipment, a walk in fridge/freezer to the rear of the property,
additional storage space both internally and externally as well as a cellar
which is accessible from behind the bar.
Above the pub is a spacious owners accommodation which is currently being used
more as office space, however this has huge potential for to be used by owners
or managers to reside in. There could also be potential for this to be
converted to additional rental accommodation for guests subject to planning
permission.
This is currently set up as 2 bedrooms with storage spaces and an office,
however this could be increased to 3 or 4 bedrooms depending on the new owners
requirements.
The current sales figures are split approximately 50% food, 42% wet and 8%
accommodation.
**The Accommodation**
The accommodation is a separate, two storey building which includes 8 separate
rooms which are available to book 7 days per week.
This unit includes just over 2000sq ft of floorspace, with 4 double bedrooms
with en - suites on the ground floor and 2 double bedrooms with en - suites on the
first floor. There is also a family bedroom and a single bedroom which share a
bathroom on the first floor.
Current occupancy rates throughout the week sit at around 85% and 50% at the
weekend, however there is huge potential to increase this as it’s not an area
which the current owners have put a huge amount of focus on.
Rooms start at £75 per night including breakfast for the doubles, £65 per
night including breakfast for the single and £85 per night including breakfast
for the family room.
Bookings are done through the website as well as .
To the rear of the accommodation block is a separate laundry room.

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