Property Information
Address:
Poppy Lands, Waxham Road, Horsey
Price: Rent: POA
Sale Price: POA
Size: SOA
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH510269
Property Ref/Agent: 100992000525
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
Horsey is a popular tourist destination on the east coast of Norfolk, approximately 20 miles east of Norwich and seven miles north of Great Yarmouth. An area of outstanding natural beauty the site sits on the edge of three national trust nature reserves.
The premises benefit from a prominent position on Waxham Road, which forms part of the main coastal road and the only approach to the beach.
The surrounding area is popular with both locals and holiday makers due, in part, to the seal colonies which populate the local beach. Visitor numbers have been increasing year on year, a pattern which has been reflected in business turnover.
DESCRIPTION
The site has been operated as a restaurant & Caf for many years, with an established clientele and good levels of repeat and new business.
Trading accounts are available to registered applicants.
ACCOMMODATION
THE PREMISES
A former farmstead set to generous grounds the property now comprises a four bedroom thatch and flint farm house, converted barn operated as a caf/restaurant with dining over ground and first floors, patio areas, and an extensive customer car park.
The caf building is well presented; it is of brick & flint construction with a pitched and tiled roof. Internally the unit provides WC & baby changing facilities, commercial kitchen and dining area offering over 60 covers.
The farm house provides the following accommodation: Kitchen, buttery/pantry, sitting room, dining room, study/guest room, master bedroom with ensuite bathroom, three further bedrooms, and a family shower room.
SERVICES
We have not carried out tests of the services or appliances and interested parties should arrange their own tests to ensure these are in working order.
TERMS
The business 'Good Will' is available at an asking price of 110,000.
OUTGOINGS
Business Rates will be the responsibility of the ingoing tenant. The premises have the following assessment.
Description: Cafe & Premises
Rateable Value: 6,100
Rates payable for 2015/2016: 2,873
Applicants may qualify for 100% relief under the governments Small Business initiative
please enquiry for further information.
VAT
The vendor reserves the right to elect to charge VAT in line with prevailing legislation.
LEGAL COSTS
Each party is to be responsible for their own costs incurred in the transaction.
OTHER
TENURE
The property is held on FRI leasehold agreements expiring on the 31st December 2030; the total passing rent is 17,200 per annum exclusive.
FIXTURES & FITTINGS
All fixtures & fittings are included within the sale; a full inventory is available upon request.
;