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Kings Arms Caister

Pubs & Bars • West Road, Great Yarmouth, Norfolk NR30 5AQ Management opportunity
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Summary

The Kings Arms is a large, prominently positioned pub, in the centre of the village of Caister-on-Sea near Great Yarmouth.

Description

The Kings Arms is a large, prominently positioned pub, in the centre of the village of Caister-on-Sea near Great Yarmouth.  The pub is close to the beach, several seaside holiday parks, Great Yarmouth racecourse and greyhound stadium and is popular with locals and holidaymakers alike.  Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Large pub in a prominent position in the centre of the village, with dedicated car parking • Two-bar operation with a cosy lounge bar with an open fire and a large sports bar/function room, which can also be used for live music and events • Good-sized and well-equipped trade kitchen Business & Financial Information • Estimated ingoings (upfront): £7,500 • Full deposit: £7,500 • Guide rent (weekly): £577 • Guide rent (annual): £30,000 • Forecast turnover (weekly): £514,712 • Forecast turnover (annual): £514,712 Ideal Operator The Kings Arms is an ideal opportunity for an experienced publican, or as a first pub for a new publican.  It has a very loyal local community customer base and also benefits from the influx of tourists and holidaymakers in the summer. This pub needs a publican who can continue the close links with the community whilst also developing the food offer, sports bar and live entertainment, to maximise the potential of the business. Private Accommodation There is large private accommodation on the first floor with a private entrance and private yard/patio.  The first-floor accommodation has 4 double bedrooms, a lounge, a bathroom and a WC. There is a small domestic kitchen on the ground floor. Regional Manager's Thoughts The Kings Arms presents an excellent opportunity to build upon the already strong community links, whilst also developing the food offer and creating a credible program of entertainment and events, to further drive footfall and sales. Caister is a very popular holiday resort in its own right and is also close to Great Yarmouth, Hemsby and the Norfolk Broads, so capitalising on the summer holidaymaker trade is also key. Surrounding Area Caister-on-Sea, also known colloquially as Caister is a large village in Norfolk, close to the large seaside town of Great Yarmouth. There are several pubs, restaurants, cafes and shops near the pub, which it benefits from in terms of its prominent position in this bustling village.  Caister is a seaside resort and has several holiday parks which are very popular with holidaymakers in the summer season. Caister is also an ideal base to visit the Norfolk Broads.

Upfront cost

£7,500
Cost type: Upfront

Key facts

Upfront cost
£7,500
Turnover (annual)
£514,712
Rent
£30,000 (annual)

Location

West Road, Great Yarmouth, Norfolk NR30 5AQ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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