Victoria Inn Martham
East of England
12 Repps Road, Great Yarmouth, Norfolk NR29 4QT, UK
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.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Village of Martham is just six miles from the Norfolk broads and ten miles from Great Yarmouth. Great Yarmouth is a bustling seaside town, considered the heart of the Sunshine Coast, surrounded by some of the best beaches in the UK. Boarding the Norfolk broads, this holiday paradise has several local attractions including Caister Castle, a number of campsites, English Heritage and National Trust sites. The Pleasure Beach Theme Park is also close by, meaning a heavy footfall from visitors close by.
Private Accomodation
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
Additional Info
Ingoing Cost: £14,500.00
Annual Cost: £21,000.00
Agreement Type: Fixed Term Tenancy
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.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.