Beer Garden
External Drinking Area
Car Park
Property details
The Cherry Tree is a large destination corner plot pub situated on one of the main routes into the Norwich city centre. A hub of the local community and a destination for customers from further afield, this is a rare opportunity to take on one of Norwich’s finest. Surrounded by the local community there is a real opportunity to maximise the already established operation and take this to the next level.
With four large internal areas, there is lots of potential for a great food operation with 100 covers plus pool, darts, and games for the wet side of the business.
There is a large 40 space carpark and both patio and grass beer gardens with lots of potential for the summer months.
The private accommodation consists of one single and two double bedrooms, a lounge, an office, a kitchen, and a bathroom.
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Experienced Operator
Trading style
If you're a skilled publican or retail manager with food experience then check out our latest opportunity to run the Cherry Tree in Norwich on our Partnership Agreement.
The site currently takes on average £9,000 but has the potential to grow by targeting extra food and drinks sales and driving weekly sales activity.
The landlords are looking for an experienced food operator who can take the helm and cement themselves at the centre of the community to deliver our excellent food offer alongside a great wet trade, bringing in teams and plenty of weekly activity. The Cherry Tree has real potential for a driven and passionate entrepreneur, so what are you waiting for?
Key financials
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Reference Number:
PSCFKB / 31472
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£5,360.00
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Annual Rent:
NO RENT PAYABLE
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
FINANCIAL BREAKDOWN:
A guaranteed annual retained sum of £25k, released weekly.
22% share of weekly sales, excluding VAT.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
TOTAL INGOING £5,360