Are you looking for pubs to let in Great Yarmouth? You could run ‘The Gate’ !
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East of England
High Street, Caister-on-Sea, Great Yarmouth, Norfolk, NR30 5EL
The Gate – Great Yarmouth
The Gate sits in a prominent position in the centre of town and is a large community pub popular with tourists and locals alike. The pub boasts a spacious trading area including a bar area with a pool table, gaming machines and satellite TV’s, seating up to 30 covers. A brilliant feature of this pub is its large separate function room boasting its own bar, licensed for 100 but with room for approximately 60 seated covers.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
About the Pub
The Gate sits in a prominent position in the centre of town and is a large community pub popular with tourists and locals alike. The pub boasts a spacious trading area including a bar area with a pool table, gaming machines and satellite TV’s, seating up to 30 covers. A brilliant feature of this pub is its large separate function room boasting its own bar, licensed for 100 but with room for approximately 60 seated covers. The function room also has with access to the beer garden which could benefit from the addition of a marquee to better exploit function trade. There is also a good-sized catering kitchen that could be used for a daily menu and functions, to further enhance sales with food trade. The pub has offered live music in the function space in the past and in the hands of a driven operator this pub could become a thriving community pub and function venue. The three-bedroom private accommodation is spacious with a kitchen and lounge, ideal for a family. Stonegate Pub Partners are seeking an experienced publican to take advantage of the trade kitchen and utilise the fantastic function room.
Key Features
A cosy and traditional pub with bar and restaurant area
Function room ideal for events
TV screens and pub games
Three-bedroom private accommodation ideal for a family
Discounts of up £170 per barrel with an average of £140 per barrel
Surrounding Area
Caister is a busy coastal resort with several holiday parks, caravan, and chalet sites nearby. The local attractions include Roman ruins, Caister Castle, Yarmouth Stadium and Great Yarmouth Racecourse making this pub the ideal location for heavy footfall. Caister has some of the finest beaches in the UK and is very popular throughout the year.
Business Information
Agreement: Retail Partnership Tenancy
Guide Rent: £36,000 pa
Potential Turnover: £415,000 pa
Fixtures / Fittings: Est. £12,000
Capital Startup: Est. £15,000
Regional Manager’s Thoughts
A magnificent opportunity for an experienced food operator to raise standards at this key Caister venue to accommodate functions and possibly even weddings. The pub would benefit from a more clearly defined menu and a bar food selection that would better accommodate families. The beer garden is substantial and has historically been under-used
