Property description

A rare opportunity to acquire one of the resorts hugely successful renowned all year round family run restaurant on retirement of the owners. The prominent premises is located close to the circus complex and just behind the prime beach and attractions. The property has good quality centrally heated two bedroom family apartment over.

Restaurant - 46.7m2 (502 sq ft)
Two access points to a 42 seater with patio area externally for a further 12 seats. Natural light floods the bright and well kept interior.

Separate Kitchen - 10.2m2 (110 sq ft)
Well fitted and function cooking area with capability to produce breakfast, lunch and main evening meals. Stainless steel preparation surface and extractor hood. All equipment is modern and owned which is with the sale.

Extensive Storage Cellar
These areas provide space for the daily goods and large freezer storage capacity required for the size of business.

1st Floor Public WC

All Year Trade - Premium Payable £35,000
The business has been in the same hands for twenty years. The business is operated successfully all year, 7 days a week. Times of opening varies from 8am to 2.30pm Monday - Friday, Saturdays 8am - 3pm, Sundays 9am to 3pm. Potential to open longer hours with a liquer license until midnight which the owner currently owns. Accounts and prorietors discussion welcomed on application.

Business Rates
2010 Rateable Value - £4,450The amount payable in the £ for 2015/16 is 48p.Contact the Great Yarmouth Borough Council for rates confirmation. Under Government Assistance to small businesses there are no commercial rates payable.

VAT
VAT is not elected.

Legal
Both parties to pay their own legal expenses.

Living Accommodation
First floor comfortable family apartment with gas central heating and double glazed windows. Lounge, kitchen, bathroom, WC, large bay double bedroom, second double bedroom.

Property Features :

• High turnover daily
• Open all year
• Family run and staffed
• Fully fitted
• Prominent position

Property Info:

• FLOOR PLAN