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Peggottys

King Street, Great Yarmouth, Norfolk, NR30 2PA
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TOWN CENTRE SITE

Facilities

Cask Ale
Beer Garden
External Drinking Area
Catering Kitchen
Smoking Solution
Team Games
Pool Area
Live Entertainment
Live Sports
Experienced Operator
  • Cask Ale
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Smoking Solution
  • Team Games
  • Pool Area
  • Live Entertainment
  • Live Sports
  • Experienced Operator

Location

Late night venue with two bars, dance floor and DJ booth

Ingoing Cost: £9,000.00
Rent: £20,000.00
Agreement Type: Tenancy
Reference Number: 191212 / 031922

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

Peggottys is a well-known late night and weekend venue in the heart of Great Yarmouth and represents an excellent opportunity for those who have experience in operating nightclubs.There is plenty to keep customers entertained both day and night, and there is an opportunity to increase the appeal of the site and boost revenue by diversifying the offer to include live music and a basic food menu. The landlords are interested in hearing from those who can balance all aspects of trade and market the pub to attract more customers during the working week.

Peggottys consists of two principle areas; the front of the premises is dominated by the main central bar that features banquette style seating, whilst the rear bar overlooks the stairway to the dance floor terrace, with roof lights allowing a considerable amount of natural light into the building during the day. Both bars are well laid out in stations to provide speedy service on busy nights and the DJ booth overlooks the rear bar and dance floor. There is also a large projector screen that sits above the dance floor which could be used for live sports. On the first floor is a sizeable, but currently unused commercial kitchen, and some development is required in order to produce a suitable menu.

To the rear of the premises is a compact trading space with room for picnic benches, and this is perfect for a quiet drink and is also used as a smoking area.

Trading Style:

A prestigious venue, Peggottys is a fantastic opportunity for a publican with experience in marketing and managing a late night business. The site is very much DJ based at present, and there are opportunities to introduce live bands and a basic food menu. Likewise, rationalising and clarifying the weekday offer of sports, private hire and theme nights would help balance trade in a business that is currently centred around Friday and Saturday nights.

Private Accommodation:

The private accommodation is in good decorative order and spread over two floors. The first floor comprises the commercial kitchen, a utility room, domestic kitchen and a huge lounge overlooking King Street. The second floor comprises three substantial double bedrooms, a bathroom, and an attic space, perfect for additional storage.

 

 

Key Financial Information

Please be aware energy performance certificates are available from the landlord.

Please note that in addition to the stated ingoing figures further funds will be required.

The Estimated Value of Fixtures & Fittings is £15,000

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