We are delighted to offer this superbly presented character pub with B&B premises. The Kings Head is a tranquil food pub located in the historic town of Acle on the River Bure, Norwich. This is an excellent opportunity for a focussed and experienced publican to acquire a 200 brewer's barrels a year pub, with a solid reputation for quality home cooked food. The main entrance lobby leads to the public bar with its solid wood floor, large red brick fire place and seating for up to 20 people. The carpeted lounge/restaurant area with wood panelled walls has room for approximately 30 covers. These spaces are dominated by the hardwood, subtly stained and varnished bar service area that stretches 15 meters throughout the building. The function room to the rear of building has room for 30 covers and is surrounded by a magnificent display of local taxidermy and artisanal farming equipment. The fully equipped trade kitchen has easy access to the restaurant and lounge areas. Six en-suite letting rooms on the first floor are accessed via a spiral staircase from the main entrance lobby and include television, Wi-Fi and double glazed windows. If the ingoing publican required, then some of the letting rooms could easily be reverted back to private accommodation. There is a spacious but enclosed patio area/courtyard surrounded by mature pot plants and hanging baskets with seating for up to 20. Accessed via a gentle turfed slope, sits a well maintained beer garden surrounded by herbs, mature shrubs and fruit trees. There is a wooden children’s play area and picnic benches with seating for at least 30 people. The large car park can be accessed via the beer garden with space for up to 50 cars. and there is a large timber storage barn within the premises with an office/one bedroom residential area above, overlooking the patio/courtyard.
Forecast Turnover: £736,709.62
Year 1 Rent: £0.00
Guide Rent: £50,000.00
Initial Deposit: £0.00
Full Deposit: £12,500.00
Full Tie Release: £48,500.00
Agreement Fee: £775.00
Repair Fund: £5,000.00
Fixtures & Fittings: £25,000.00
Working Capital: £32,500.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £410,945.78
Forecast Dry Turnover: £277,258.72
Forecast Other Turnover: £48,505.12
This Kings Head is a genuine and exciting prospect for a publican with experience of running a destination food pub with letting accommodation. This business offers four superb letting rooms, popular with holidaymakers and business travellers alike. Located in a lovely ‘Broads’ village the pub would benefit from a focused marketing strategy to attract destination food trade and B&B customers, who visit this beautiful part of the country throughout the year.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
Love Your Pub is a multi service hospitality platform which includes a social media agency, pub recruitment channel, guide and much more. Listing your pub with Love your pub on the guide and taking advantage of our social media management service will boost your visibility as Love Your Pub is the biggest online hospitality guide there is. Alongside our guide and social media package we offer a range of pub support, pubs on the market and much more.
The Love Your Pub Group ®, “Pierre The Pug” ® & Follow Pierre ® are licensed trademarks of Hardys Consultancy Ltd. All written content and imagery appearing on this website & third party social media pages which we provide services for remain the intellectual property of Hardys Consultancy Ltd both during & after any services we have provided to our clients. If you wish to use any of our material from this site and our archives, please contact us to obtain both permissions & rate cards for external use.