* Leasehold
* Modern restaurant in stunning Cromer seafront location
* Fully refurbished to a high standard
* Additional Café area and two bars
* Set over 2000 sqft
* 8 years remaining on lease
* High turnover
* Room for growth
* Beautifully presented dining areas
* High spec commercial kitchen
* Grade II listed pier
A stunning modern restaurant located in the heart of Cromer, with panoramic
sea views, additional café area and bars. Recently refurbished to a high
standard and available to purchase now!
**Summary**
Paul Hubbard proudly presents this remarkable seaside restaurant, a true jewel
in Cromer. It's not just a place to dine; it's an experience in itself.
Inside, you'll find a modern restaurant exuding elegance and sophistication,
inviting guests to savor exceptional cuisine in a meticulously curated
ambiance. With seating for up to 120 patrons, it accommodates both intimate
gatherings and larger celebrations. A chic bar complements the restaurant,
offering a space for masterful mixology and socializing. Meanwhile, a distinct
café area provides a more relaxed setting for morning coffee, afternoon tea,
or quick bites. What truly sets this establishment apart, however, is the awe -
inspiring panoramic sea view. Whether it's the golden sunrise or tranquil
sunset over the water, this view transforms every meal into an unforgettable
moment. Cromer's dining scene has just been elevated to a whole new level.
Cromer, an enchanting Victorian seaside town nestled in the heart of North
Norfolk, beckons with its timeless coastal charm and breathtaking natural
beauty. With a coastline celebrated for its daily fish catches, including the
renowned Cromer crab, and an illustrious Grade II listed pier extending 151
meters, it offers residents a quintessential coastal lifestyle. Cromer is more
than just a destination; it's a way of life, attracting both locals and
second - home buyers from London and other major cities. The town's quaint
streets are lined with a mix of historic and modern architecture, and its
stunning sea views provide a picturesque backdrop for a myriad of outdoor
activities. Cromer is not just a place to live; it's a place to create
enduring memories by the sea. Cromer's Grade II listed pier, with its origins
dating back to 1391 and an impressive length of 151 meters, serves as a unique
attraction in the town. It is one of only five piers in the UK that offers
daily live entertainment, making it a distinctive draw for visitors and
tourists. This aspect creates additional opportunities for the business to
capture the attention of individuals frequenting the pier and seeking dining
options.
The current proprietors have allocated substantial capital for the enhancement
of this business property. In 2022, they invested £150, 000 in comprehensive
refurbishment works, which encompassed interior renovations and the
installation of a fully equipped professional kitchen. These upgrades are
essential for enhancing operational efficiency and customer satisfaction. An
additional £70, 000 investment was made during the covid - 19 lockdown to adapt
the business to changing circumstances. These investments have significantly
improved the business infrastructure.
The Restaurant
Offering an exquisite dining experience with captivating sea views, this
establishment boasts an elegant interior designed for contemporary
sophistication. Notably, it provides accessibility with dedicated disabled
toilets and a commodious lower - level lobby housing facilities for both male
and female guests. Furthermore, this unique space accommodates two distinct
bar areas, each creating an enchanting setting that connects seamlessly to a
private café area and the well - equipped kitchen. On the ground floor, a
conveniently located office and a separate kitchen prep room contribute to the
seamless operation and management of this remarkable establishment.
The Kitchen
This cutting - edge commercial kitchen is a state - of - the - art culinary haven,
where innovation meets precision. Newly outfitted to the highest standards, it
features a suite of modern equipment, including multiple ovens and
strategically designed prep areas. The kitchen is equipped with the latest
technology, highlighted by a digital ordering screen that streamlines
operations and enhances efficiency. Whether it's the precision of the cooking
process, the orchestration of culinary artistry, or the seamless handling of
customer orders, this high - end kitchen sets a new standard for culinary
excellence.
The Café
This vibrant establishment, currently operating as a delightful Pink Paradise
which has skilfully captured the essence of the coffee and cake market.
Recently renovated, it has swiftly emerged as the ultimate destination for
those with a sweet tooth. What's particularly noteworthy is that the business
name is not included in the existing purchase agreement, offering a fresh
canvas for new owners to continue building on the remarkable reputation it has
already earned. This is a turnkey opportunity for entrepreneurs seeking to
step into a thriving coffee and cake haven with the freedom to shape its
future identity.
The business is secured with a lease boasting eight years of tenure,
accompanied by an annual lease cost of £37, 500. This extended lease duration
provides a stable foundation for prospective buyers to plan long - term business
strategies and investments. The business boasts an impressive annual turnover
exceeding £620, 000, translating to a weekly revenue of approximately £11, 900.
This robust financial performance underscores the business's stability and
profitability. Furthermore, the prospects for growth are noteworthy. By
optimizing opening hours, such as operating daily during the off - season to
capture the local market or expanding operational days during the high season,
there's substantial potential to further enhance revenue. These strategic
measures can tap into untapped market segments and maximize the business's
revenue potential.
The business operates with specific and structured opening hours. The café is
open five days a week, from 10 am to 5 pm, and Lily Mais, the restaurant
component, operates during the same five days, from 12 noon to 9 pm. These
hours provide a well - organized schedule for both staff and customers. There is
an opportunity to optimize these hours to accommodate different customer
segments and potentially enhance revenue.
In summary, this Cromer - based business offers an appealing opportunity, given
recent substantial investments, a prime location, impressive turnover, and
various growth prospects.

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