FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Car Park
FindMyPub.com
Childrens Play Area
FindMyPub.com
Restaurant/Dining
Property details
The Bull is at the heart of its community, surrounded by residential streets in the popular suburb of Hellesdon just three miles northwest of Norwich City centre, and a rare opportunity has arisen to acquire The Bull on a new 5-year Tenancy Agreement.
The Bull is ready to operate, it is in impeccable condition throughout having recently been refurbished. Throughout the pub you will find multiple seating options for dining and socialising with a mix of comfy chairs, banquet sofas and booths, window seats, cosy corners and open fireplace, the multiple bar areas comfortably host 100+covers. To the rear the first-class beer garden has seating for circa 150covers and has its own outside bar, covered booths, and children’s play area. To the front and side is a sizeable car park for 30 vehicles.
One of just two pubs in Hellesdon, The Bull is ideally suited to its neighbourhood and attracts all ages. Apart from dining occasions the pub activity is focused on live music at the weekend, a popular weekly Wednesday quiz and Sports TV.
With a fully fitted trade kitchen the pub currently benefits from both on-site pub dining and off-site deliveries through its "Dark Kitchen" operation, their agreement allows the successful operator the same flexibility should they wish.
Private Accommodation
The first floor is presently used for an office, storage and staff use however there is an opportunity to reconvert to personal quarters of 3 rooms plus a small kitchen and bathroom.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
FindMyPub.com
Experienced Operator
Trading style
They are seeking an experienced entrepreneurial operator who is big on the local community, food, sports, and entertainment and has the vision to develop this already great pub with all its features to maximise its potential and appeal to the local business and residential markets. You will be a successful proven operator with a history in developing and delivering customer focused operations, food, drink, and entertainment that meet the local market opportunity.
Key financials
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Reference Number:
FH4FW1 / 030373
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,500.00
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Annual Rent:
£54,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Business Details
| Forecast Turnover: | £898,007 pa |
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| Forecast Wet Turnover: | £536,928 |
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| Forecast Dry Turnover: | £361,079 |
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| Guide Rent Annual: | £54,000 |
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Financial Details
| Full Deposit: | £13,500 |
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| Potential Full Tie Release Fee: | £41,000 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £240 pw |
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