under offer
under offer
tenancy
46 St Philips Rd, Norwich, Norfolk NR2 3BL, UK
Approx. Total Ingoings
£14,350Annual Rent
£29,500The Belle Vue pub is a fantastically positioned Victorian public house situated in the desirable Golden Triangle area of Norwich. This striking pub holds a very desirable corner position amongst the Victorian houses and tree lined streets, making it easily accessible to the many local residents. The Belle Vue offers a spacious open plan trading style with a large single bar servery inside and outside boasting a sheltered garden and street side seating, which is very popular with the locals. This pub is renowned for its quality cask ales and good pub food and with its strong historic barrelage proves it is popular amongst the community. Stonegate Pub Partners are now seeking a new publican who is passionate for cask ales and has the ability to drive trade further.
Private Accommodation: The living accommodation is spacious comprising three bedrooms, lounge, domestic kitchen and family bathroom.
Indoor trading area
A substantial single horseshoe shaped bar serves this attractive Victorian character pub. There are two distinct trading areas with cosy seating and vertical drinking, plus a larger area used for dining located to the rear. Ample space allows for drinkers and diners providing plenty of trade flexibility and has 100 casual dining covers throughout. The bar area has full air conditioning which provides efficient heating or cooling, and one area has the feature benefit of a real fire. The pub is decorated with an interesting assortment of memorabilia, in-keeping with the Victorian style. Facilities include a well sized underground cellar with adjoining store room and a good-sized trade kitchen with a range of appliances including a wood burning pizza oven.
Outdoor trading area
An attractive and sheltered beer garden is located to the rear of the pub with a good selection of garden furniture and a timber smoking solution. Two further external areas are provided to the front of the pub, one of which is enclosed by ironwork fencing and a forecourt is provisioned with bench seating, affording the customers the opportunity to relax, have a drink and watch the world go by. The pub has recently undergone an external redecoration and there are plans this year to improve the garden scheme here.
Regional Manager Comments
This is a fantastic opportunity for an experienced publican to secure a great pub in this desirable area of Norwich; pub availability in this area is very limited and seldom becomes available. There is plenty of scope to develop and improve on an already established trading position and the new publican would ideally have a passion for cask ales and an ability to drive trade further.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Cask Ale Restaurant/Food
Approx. Total Ingoings
£14,350
Annual Rent
£29,500
Potential Turnover: £378,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £29,500 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £14,350 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £10,000 (excl VAT)
To be discussed with the Regional Manager.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
