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Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB

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Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB Tenure Open plan ground floor trade areas Leasehold Lounge bar and dining areas (40) 3 bedroom owner's accom Price Trade division 60% bar, 40% food £38,500 T/O £231,364 ex VAT Y/E 31.3.2018 Simon Jackaman Divisional Director 01223 402600 [email protected] SOLE SELLING RIGHTS Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b Google © Copyright (2019). All rights reserved. Location The Swan Inn is prominently situated in the centre of Mattishall directly opposite the village Church of All Saints. The village of Mattishall is located in the heart of Norfolk approximately 11 miles west of Norwich and 4 miles east of Dereham. The main A47 road which connects Norwich to King's Lynn via Dereham is close by and provides access to the north Norfolk coast, making the village very accessible. Description A two-storey detached property, pre-war built of brick construction under a pitched tiled roof, with single storey additions to the side and rear, which enhance the public areas. Google © Copyright (2019). All rights reserved. Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b Trade The business is very much the hub of the local community and regularly holds quiz and bingo evenings. The current owners have operated the business for just over 4 years, during which time they have carried out a number The Swan Inn is ideally suited to an owner operator seeking of refurbishments and improvements to the trading and to build upon the increasing established trade developed by private living accommodation. the present owner. The property is situated in the heart of this delightful Trading information provided by our client for the financial Norfolk village, which has a vibrant local community, and is year ended 31st March 2018 indicates turnover of well situated to draw trade from the local community and £231,364 ex VAT. In the three years or so our clients have destination trade from nearby towns of Dereham, Norwich owned and operated the business, income levels are and beyond. The business has an excellent reputation growing, year on year, which we believe will be easily enjoying high levels of repeat custom. Recently, a new menu maintained and improved upon under new ownership. has been introduced with popular items included such as Further trading information will be made available to steaks, burgers, home-made pies and pizzas that has over interested parties following a formal viewing of the business. the last 12 months seen overall rise in trade of approximately 30%. Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b External areas To the front of the property is an open plan gravel garden with picnic style bench seating. There is also a private garden to the rear with lawned beer garden and bench seating. To the immediate rear of the property is a flag stoned paved patio with covered shelter and further bench style seating. A gravel area leads to 2 outbuildings providing garaging and storage. Located at the rear of the property is a car park for approximately 20 vehicles. Tenure Leasehold for a term of 20 years on a full repairing and insuring basis with effect from the 26th August 2014 at a current rent of £25,000 per annum. Accommodation There are 5 yearly rent reviews, the next review being Ground floor August 2019. The lease is completely Free of Tie. Open plan lounge bar with bar servery and dining area, accessed from the front through an entrance porch. The Licence trading area is L-shaped in configuration, mainly carpeted and providing seating for 40 covers, decorated in subtle light A premises licence prevails, the main licensable activities colours with wood cladding, dado rail and open brick being:- fireplace and separate log burner. Sale by retail of alcohol for consumption on and off the There is a games area designated providing pool table and premises: dart board with wooden flooring. Sunday to Thursday, 11:00hrs - Midnight Friday and Saturday, 11:00hrs - 02:00hrs Separate Ladies and Gentlemen's WCs. Bar Servery - brick fronted plinth and oak counter top with back fridges and shelving for Spirits. Located around the bar area are wall mounted plasma TV screens, showing Sky and BT Sport events. Ancillary areas Trade kitchen with recently installed canopy extractor fan over 6 burner range with fryers, pass and stainless steel worktops with under counter chillers. Wash up area, level beer cellar with side delivery doors. Small room located at the rear of the bar. Owner's accommodation Situated on the first floor, with self-contained entrance, the accommodation comprises of lounge, 3 double bedrooms, bathroom and domestic kitchen. Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b Business Rates & Council Tax The property is in an area administered by Breckland District Council. The 2017 Rateable Value has been assessed at £8,500. The domestic accommodation is within Band B for Council Tax purposes. Services We are informed that the premises benefit from mains water, electricity and drainage. LPG (cooking), central heating via radiators. Planning & Development From our own enquiries made with the local authority the property is not Listed neither is it located within a conservation area. Application Procedure The freehold property is held by Wellington Pub Company interested parties will be required to submit an application form and brief business plan outlining their experience, financial position and operational ideas. VAT All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where applicable. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for professional advice in this respect. Viewing Strictly by appointment only through Fleurets East Office on Valuations & Rent Reviews 01223 402 600 Fleurets has the largest team of Chartered Surveyors to Finance & Insurance specialise nationally and exclusively in the Capital and Rental Valuation of Licensed property. For professional Valuations, If you would like to take advantage of the knowledge and Rent Reviews, Consultancy, Expert Advice, Rating and experience of a selection of firms who specialise in providing Planning advice please contact your local Fleurets office. finance and insurance for licensed properties contact your local Fleurets office. A phone call may help to provide you EPC with terms and/or cover, which best fits your requirements. The property has an Energy Performance Certificate asset rating of C - 75. Issue date 27th June 2012. Swan Inn 3 Dereham Road, Mattishall, Dereham, Norfolk NR20 3QB File Ref: E-615561b Ordnance Survey © Crown Copyright (2019) All rights reserved. Licence number 1000047722. Our Services Our Regions Agency - Buying & Selling London Expert Witness Investment 020 7280 4700 Landlord & Tenant - Rent Reviews Market Intelligence [email protected] Valuations Taxation, CPO, Consultancy & Litigation Midlands Planning Viability Reports 0121 236 5252 [email protected] North West 0161 638 5445 [email protected] North 0113 234 0304 [email protected] West & South Wales 0117 923 8090 [email protected] South 01273 429500 [email protected] East 01223 402600 [email protected] Scotland 020 7280 4700 Important notice: Unless otherwise stated, all properties are being dealt with on a Sole Selling Rights basis. The prices and other particulars regarding properties [email protected] are correct at the time of going to press. As prices can be altered by the vendor at any time, interested potential buyers should check the latest position with Fleurets before viewing. The information contained in this publication is not to be reproduced in whole or in part without the expression permission in writing of Fleurets Ltd. Fleurets’ Privacy Policy is freely available on request by post or on our website here. © Copyright - Fleurets Ltd. 2019 London. 'All rights reserved' .
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