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Pub/bar for sale

£37,750

18 Windsor Road, King`S Lynn PE30

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Property description

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 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.

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%.

What Zoopla users think of King's Lynn

Overall rating:

  • currently 3.5 stars
Good - 68% (46 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Kings Lynn (0.4 miles)
  • Watlington (5.2 miles)
  • Downham Market (10.1 miles)
  • Norwich International Airport (37.0 miles)
  • London Stansted Airport (60.1 miles)
  • Humberside Airport (65.2 miles)
  • King's Lynn Ferry Landing (0.7 miles)
  • West Lynn Ferry Landing (0.8 miles)
  • Reedham Ferry North (49.9 miles)

Nearby schools

View all schools in King's Lynn and West Norfolk
  • Greyfriars Primary School, King's Lynn (0.1 miles)
  • Whitefriars Church of England Primary Academy (0.2 miles)
  • Eastgate Academy (0.5 miles)
  • Bury St Edmunds County Upper School (36.2 miles)
  • Sir Isaac Newton Sixth Form Free School (38.1 miles)
  • Cambridge Arts and Sciences Sixth Form and Tutorial College (38.4 miles)
  • King's Lynn Academy (0.6 miles)
  • King Edward VII Academy (0.7 miles)
  • Springwood High School (1.5 miles)
Note: Distances are straight line measurements

Local info for King's Lynn and West Norfolk

About the neighbours in PE30

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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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Disclaimer

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.

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