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For Sale (Lease/Freehold)

D0024-NR-MLJE, Bed & Breakfast with Off Licence Lease for Sale -Norfolk

£ 120 000,00

  Details

ID : 10
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Right Estate Commercial is pleased to market a successful Bed and Breakfast with an Off Licence in a Tourist attraction area Norfolk.

According to the seller;

Asking Price: £120,000.00

B&B Turnover: £72,000 per annum

B&B Net profit: £42,000 per annum

Off Licence Turnover: £7,500 per week      

Off Licence Turnover: £400,000 per annum

Off Licence Profit Margin: 23%                                   

Tenure: Leasehold

Rent: £25,000 per annum                

Lease: New Lease                  

Opening hours - Off Licence : Mon- Sat: 7am- 7pm Sun: 8am - 6pm

 

A very rare opportunity to acquire a profitable stunning five-bedroom luxury bed and breakfast with a busy off licence available for lease for sale in Sheringham. This beautifully decorated trading area is a 10 min walk away from Sheringham Railway Station and Seafront. It is also situated at the center of many attractions such as Sheringham Beach which is a 20-minute walk from the property, Holt Country Park 1.2miles away, 0.6 miles away from the city center of Sheringham, and also a short distance from Sheringham Little Theatre. There are many festivals around the year notably beer festival, Scira Viking festival, Cromer Vintage sixties festival, Crab and Lobster Festival, Potty Morris & Folk Festival, and North Norfolk Railway 1940s weekend where the property is fully occupied.

Extremely well presented and maintained property features 5 excellent double bedrooms with en-suite facilities, lounge, fitted kitchen, and guests dining room

                                                                              Freehold opportunity available for £535,000.00 

                                                                      Please only enquire if you are a genuine and serious buyer! 

                                                                               Call us on 0203 633 2511 to arrange a viewing 

                                                                           PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

                                                                                  MUST BE SEEN TO BE FULLY APPRECIATED.

Right Estate Commercial does not accept any responsibility for the accuracy of the property descriptions, related information provided here.