If you are looking for pubs to let in Cromer, you could run The White Horse !
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Pubs To Let In Cromer – Run The White Horse !
The White Horse is situated on West Street close to the centre of Cromer, a popular seaside town on the North Norfolk Coast. The spacious trading areas, together with the well-presented letting accommodation makes this business an ideal opportunity for either a new or experienced publican who can build lasting relationships with locals and provide fantastic hospitality to visitors. Cromer is a bustling ‘all day every day’ type of town, providing trading opportunities across all time slots. The real bonus of this business is the six letting rooms which are located on the first floor. They include three double, two single and a family room; all rooms have an en-suite, televisions and tea and coffee making facilities. Additionally, the pub offers a main bar, with part exposed brick and part flint walls, has fitted bench seating, dark oak tables and chairs and a gas coal effect fire. A games room is also equipped with further bench seating and a flat screen TV for sports viewing. To the rear is a 20-cover restaurant with direct access to the back yard area. Externally there is an enclosed beer garden with customer picnic tables and two storage sheds. A car park is available at the side and rear of the building.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The North Norfolk seaside town of Cromer is known as The Gem of the Norfolk Coast and was mainly discovered by the Victorians with the coming of the holiday maker. Today it is a lovely resort with fine sandy beaches and well known for many things, including Cromer crabs and also its pier with a wonderful theatre which is open throughout the year. Norwich is approximately 23 miles to the south on the main A140 trunk road.
The private accommodation is spread over the ground and first floor and briefly comprises three double bedrooms, a living room, bathroom and office.
Agreement Fee: £750.00
Cash Float: £0.00
Fixtures & Fittings: £20,000.00
Forecast Turnover: £570,539.32
Full Deposit: £11,000.00
Full Tie Release: £65,250.00
Guide Rent: £44,000.00
Initial Deposit: £0.00
Repair Fund: £3,000.00
Stock & Glassware: £0.00
Working Capital: £26,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £113,388.59
Forecast Other Turnover: £99,888.66
Forecast Wet Turnover: £357,262.07
Ingoing Cost: £26,500.00
Annual Cost: £44,000.00
Agreement Type: Retail Partnership Tenancy
The White Horse is extremely popular with both tourists and locals, and enjoys a 24-hour premises licence. The business presents a fantastic opportunity for a new publican to maximise income from the letting rooms and build upon the food and drink offering, exploiting the all-day everyday vibe in the town. An understanding of marketing and promotion is essential for driving sales, targeting all the relevant customer groups and occasions.