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• Located in a popular residential area• Long established and successful community pub• Large detached building• Three bedroom living accommodation above• Car parking to the front and side• Profitable businessProperty - A substantial detached building with prominent frontages to Middleton Road and Suffield Road.The public house comprises of an open plan bar area leading to games area, commercial kitchen and single storey extension with covered seating area for restaurant, cellar and beer garden.The well proportioned living accommodation above comprises: lounge, kitchen / diner, office / store, three bedrooms and bathroom.Business - The hub of the community which is long established as a community pub with food sales. Open 7 days a week.The pub offers real ales, live music and with pool and darts in the games area. Additional business includes christenings, birthdays, weddings and wakes. Cozies restaurant offers an extensive and varied menu.This is a successful established business as evidenced by the profitable trading accounts over recent years (available further to a viewing).
Bar Area (1,940 sq. ft 180sq.m)
Leading to games area, commercial kitchen and single storey extension with covered seating area for restaurant, cellar and beer garden.
Living Accommodation
Lounge (18' 0'' x 12' 4'' (5.48m x 3.76m))
Kitchen/Diner (16' 0'' x 13' 7'' (4.87m x 4.14m))
Office/Store (30' 1'' x 8' 5'' (9.16m x 2.56m))
Bedroom 1 (13' 1'' x 11' 3'' (3.98m x 3.43m))
Bedroom 2 (12' 7'' x 11' 8'' (3.83m x 3.55m))
Bedroom 3 (11' 5'' x 6' 9'' (3.48m x 2.06m))
Bathroom (9' 5'' x 8' 2'' (2.87m x 2.49m))
Plants & Equipment
Not all the systems or equipment in the property has been tested by the vendor or their agent to ensure that they are in working order. Prospective purchasers should rely on their own investigations.
Fixtures, Fittings & Equipment
An inventory of trade stock, fixtures and equipment to be agreed at offer stage. The fixtures, fittings and equipment owned by the vendor remaining in the property on the day of completion are included in the sale. All items owned by third parties are not included in the sale.
Services
Mains water, electric, gas and drainage.
Tenure
Freehold.
Terms
The freehold interest and business is offered for sale at a guide price of £400,000 plus VAT (subject to contract).
Business Rates & Council Tax
The Rateable Value in the current list is £31,500. Rates payable approximately £15,720 per annum.
Council Tax Assessment is Band 'B'.
EPC
The Property has an Energy Performance Rating of ''D'' (Rating 79). The Certificate and Recommendation Report are available upon request.
VAT
We understand that VAT will be applicable to the purchase price.
Legal Costs
Both parties will be responsible for their own legal costs.
Anti Money Laundering
In accordance with the latest Anti-Money Laundering Legislation, the purchaser will be required to provide proof of identity, address and funds to the selling agents prior to solicitors being instructed.
Location
Gorleston-on-Sea is situated to the south and west side of the River Yare which separates it from Great Yarmouth. The town remains a popular resort and retains much of its Edwardian charm in the area around the beach which regularly achieves Blue Flag status.
Educational facilities include the East Norfolk Sixth Form College, Lynn Grove High School, Cliff Park High School and Oriel High School. James Paget Hospital provides a major health service for the whole area.
The property is situated within a densely developed residential area to the immediate west of Gorleston town centre. Middleton Road is characterised by pairs of semi-detached houses to the west side and terraced houses interspersed with commercial properties to the east side. Suffield Road runs east to west from Lowestoft Road to Middleton Road with terraces of houses to both sides.
Ref: G17744/11/22
Great Yarmouth Office - 01493 844891 | yarmouth@aldreds.co.uk • Great Yarmouth Lettings - 01493 849111 | lettings@aldreds.co.uk • Lowestoft Office - 01502 565432 | lowestoft@aldreds.co.uk • Gorleston Office - 01493 664600 | gorleston@aldreds.co.uk • Stalham Office - 01692 581089 | stalham@aldreds.co.uk
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