If you are looking to let a pub in Norfolk, you could run The Victoria Inn, Martham !
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Let A Pub In Norfolk – Run The Victoria Inn Martham !
The Victoria Inn has been primarily wet-led in the recent past but there is a well-equipped trade kitchen and also a separate restaurant & function room, which are ideal for facilitating the launch of a credible food offer. The Victoria Inn offers a beautiful selection of facilities, with three distinct areas within the pub. Guests can choose from the lounge area or games room, as well as the restaurant. The cosy lounge is complemented by traditional décor and a classic open fireplace situated with fixed and loose seating. Whereas the games area offers a selection of entertainment such as darts, a pool table, and a television. Separate to the lounge and games room sits the ‘coffee shop’, elegantly designed with a selection of tables perfect for afternoon tea. The restaurant has recently been decorated and could be utilised as a function room, seating a generous 32 covers. Situated to the rear of the pub is a spacious beer garden and patio, leading to a beautifully large field offering a lot of business opportunity, especially over the summer months. Stonegate Pub Partners are seeking a new publican to take on this fantastic opportunity.
Private Accommodation
There is good sized private accommodation to the first floor, consisting of 3 bedrooms, lounge, kitchen, bathroom and WC.
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £6,000.00
Forecast Turnover: £325,570.47
Full Deposit: £5,250.00
Full Tie Release: £31,000.00
Guide Rent: £21,000.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £3,000.00
Working Capital: £14,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £101,661.24
Forecast Other Turnover: £1,511.84
Forecast Wet Turnover: £222,397.39
The Victoria Inn is a fantastic pub that has vast potential to be an outstanding business with a recent interior and exterior refurbishment. A new dining area has been added to take advantage of the large population of passing tourists during the summer and holiday periods. It also has a further two bar operation, one works ideally as a comfortable snug and the other is ideal for sports TV and pub games. The beer garden is vast and has much potential having previously been utilised for events such as beer festivals, community events and gatherings.
