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Business Hilton Smythe welcomes to the market Live & Let Live which has been noted from the 16th century as 5 cottages for dock workers and as a public house soon after. Our vendor, who is taking retirement, has been at the business for 17 years or so.
Live & Let Live is a mainly wet trade led pub which has a 4.5 TripAdvisor rating as well as a 4.8 Facebook rating. The pub, which is a camra pub is in the good beer guide and receives visits from people traveling to Kings Lynn from London on the train just to sample the beer that’s on offer. Apart from being close to town there are also walks and parkland close by. Live & Let Live has a very good reputation locally and is set in a strong residential area bringing in many regular customers
There is no website and this is one thing that our vendor admits could bring in extra trade.
Hilton Smythe highly advise early viewing to avoid disappointment.
Location Live & Let Live is located in Kings Lynn within Norfolk, on a side street close to nearby local shops and businesses. This prime location allows for all year round passing trade and heavy footfall.
Being located close to the town centre there are numerous transport links close by. Premises Live & Let Live sits on the corner of Windsor Road with access directly from the street to the public bar and the snug bar.
The public bar has seating for 15 – 20 people with plenty of standing area. There is also a pool table in this space.
The snug bar has seating for 10 – 12 more guests with plenty of standing area.
Both areas are served from the same bar which serves 5 local and traditional ales along with 6 lagers, wines, spirits as well as hot & soft drinks.
There are separate ladies and gent’s wc’s.
Past the bar there is the store room and cellar.
On the first floor, you will find the living accommodation which comprises of lounge, kitchen, bathroom and two bedrooms.
The pub has air conditioning and there is gas central heating throughout the building. Tenure We are advised the business is being sold as a leasehold business opportunity.
Original lease length: 20 years.
Remaining lease length: 11 years as of 2017.
Rent £15,600 per annum
The rateable value as of the voa website is £8,175. Hours The business opening hours:
Monday-Thursday:11am – 11pm
Friday-Saturday:11am - 12am
Sunday: 11am - 11pm staff The business is run and managed by our client, with the help of 2 part time members of staff. Financial profile Live & Let Live generated an advised turnover of circa £150,276 as of the 2016 accounts, with a gross profit of 49%.
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For more information about this property, please contact Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.