Lynn Road, Gayton, Kings Lynn, Norfolk, PE32 1PA
The Crown is located in a small countryside village just a few miles south of the Sandringham Estate. Over the years, the Crown has built an enviable reputation for carveries and booking is always strongly advised. The Crown enjoys a prominent position on the main road through the village, with no other direct competition.
The Crown is a charming village pub in Gayton, West Norfolk. The reputation for food and especially their carveries is very high and often Sundays are fully booked well in advance for their traditional Sunday roasts. There is a large car park attached to the site, and 4 letting rooms above, 2 of which are en-suite.
The Crown has various trade areas from cosy little snug rooms to larger dining areas. There is a good size trade garden to the rear and also a petanque pitch.
There is potential for a large investment.
There are numerous trade areas within the Crown's premises. The carvery area is well located from the kitchen and main dining room. The bar is centrally located in the pub with various zones coming off the main entrance. The beer garden has direct access from the pub. There are parking spaces for around 25 cars and numerous shed outbuildings currently being used as offices and store areas.
|Car park spaces||25|
|Rooms to let||4|
There is no private accommodation available. The 4 letting rooms could be converted back into private accommodation should the new tenant desire.
|Annual rent||£40,000 per annum|
|Weekly rent||£769.23 per week fixed|
£40,000 per annum, £769.23 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £38,650 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Please not fixtures and fittings are to be valued.
|Fixtures & fittings||TBC||Working capital||£5,000|
|Other costs||£1,200||Total entry cost||£13,650|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Gayton is located approximately 5 miles south of Kings Lynn and Sandringham. There are numerous hamlets and small villages located around the Gayton area. The nearest pub being 3 miles away.
The Sandringham estate attracts tourists all year round with a full calendar of events and being the Queens regular winter residence.