Burnham Thorpe, Kings Lynn, Norfolk, PE31 8HL
A pub of historical significance & inspiring location.
This is a truly unique & spectacular pub set close to the scenic & idyllic North Norfolk coastline. With extensive refurbishment taking place at this pub there is plenty of scope to create good tourist and local trade utilising the four historic trade rooms and a function room to host private events.
The premises has a ground floor cellar & kitchen both of which are being extensively refurbished. The bar will have a back bar dispense to enable quality products are dispensed consistently every time. The internal trading area is made up of four rooms, 'The Cellar' 'Nelson Bar' 'War Room' and the Victory Bar (Function room). There are two sets of trade toilets at either end of the premises. The renovation scheme will be sympathetic to the heritage of the property and all of its charming character will be retained. Externally there is a spacious trade garden and the new scheme will have provision for a patio to the front & rear of the premises.
|Car park spaces||14|
The accommodation will be refurbished as part of the redevelopment of the site, this will provide the new tenant with newly decorated accommodation facilities.
|Annual rent||TBC per annum|
|Weekly rent||TBC per week fixed|
Entry costs approx £18,450 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, Schedule of Conditions, working capital and deposit (25% of head rent, minimum £6,000). The F&F requirement is to purchase new F&F to compliment the development scheme which will be valued.
|Fixtures & fittings||TBC||Working capital||£10,000|
|Other costs||£800||Total entry cost||£18,450|
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)|
Burnham Thorpe is a small village and civil parish on the River Burn and near the coast of Norfolk, England. It is famous for being the birthplace of Vice Admiral Horatio Nelson, victor at the Battle of Trafalgar and one of Britain's greatest heroes. The area is a tourist destination with many visitors making the effort to visit the village, and the pub. There is no monument in the village to Nelson and the belief is that the village and the pub are the landmarks for this.