Lynn Road, Sculthorpe, Fakenham, Norfolk, NR21 9QG
Sculthorpe Mill Is a charming destination business. Popular with tourist and travellers to the North Norfolk coastline. Extensive outside gardens, good sized letting rooms and various trading options. Rarely available, the Mill is now ready for a new operator further develop this fantastic business.
The Mill is a charming period property surrounded by flowing streams with large landscaped gardens and open fields. Rarely available, this business would suit an experienced operator that has knowledge of the seasonal trade and Tourism markets.
The trading areas are mainly made of a good sized restaurant area on the first floor and a further 3 dining areas on the ground floor. There is a good sized bar and reception desk area.
|Car park spaces||40|
|Rooms to let||6|
Private owners accommodation is situated on the first floor
|Annual rent||£50,000 per annum|
|Weekly rent||£961.54 per week fixed|
£50,000 per annum, £961.54.00 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £20,350.00 which includes fixtures and fittings, 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). Fixtures and Fittings value to be confirmed,. Other costs include training course requirements.
|Fixtures & fittings||TBC||Working capital||£5,000|
|Other costs||£1,200||Total entry cost||£20,350|
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)|
Situated down a small country lane just off the A148 near Fakenham in North west Norfolk. Sculthorpe mill is ideally located for guest looking to stay within the coastal area but away from the hussle and bussle of the main coastal road. 10 miles away are the charming and affluent coastal villages of Wells next the Sea and Burnham Market which enjoy all year round trade. the A148 is the main arterial route from Cromer to Kings Lynn.