£900,000

Pub/bar for sale

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Just added
Freehold

£900,000

(£142.45/sq. ft)

Pub/bar for sale

Colby Road, Banningham, Norwich NR11

6,318 sq. ft

Local area information

Property location

Nearby amenities

  • Colby Primary School 0.6 miles
  • Aylsham High School 1.9 miles
  • North Walsham 4.1 miles
  • Gunton 4.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Thriving 17th-Century country inn in the picturesque village of Banningham, Norfolk
  • 210 covers – 150 internal and 60 external, with spacious dining and bar areas
  • Approx. 6,318 sq ft (587 sq m) of trading and residential accommodation
  • 1.2 acre site plus additional land on long lease (£12,000 pa) ideal for events or functions
  • 2024 turnover exceeded £1.2m – strong, well-established business
  • 3-bedroom owner’s accommodation (potential to extend to 5 bedrooms, STP)
  • Car park for 60+ vehicles, large beer garden and children’s play area
  • Experienced team of 17 staff – suitable for hands-on or hands-off ownership
  • Rateable Value: £59,000 | EPC Rating: C | Oil heating, mains services
  • Available Freehold at £900,000 or Leasehold at £70,000 pa + £100,000 premium
A thriving 17th-Century country inn with strong £1.2m+ turnover, extensive trading space, owners’ accommodation and event potential, available freehold (£900,000) or leasehold (£70,000 pa + £100,000 premium).

The Crown Inn, Banningham

Paul Hubbard Commercial are delighted to present this well-established, traditional country pub and restaurant, situated in the heart of the Norfolk countryside.

The property:

The Crown Inn is a beautiful 17th-Century inn, full of character and original features, situated opposite the historic 14th-Century St Botolph’s Church and village green in Banningham.

The premises occupy a site of approximately 1.2 acres, with additional land available on a long lease, ideal for hosting large functions or special events. The internal accommodation extends to around 6,318 sq ft (587 sq m), providing generous trading and residential space.

Internally the Inn provides seating for about 150 covers, whilst outside there is capacity for a further 60, including a spacious beer garden complete with a children’s play area. Ample parking is provided with space for 60+ vehicles. The property also includes a three-bedroom owner’s accommodation, which subject to planning consent could be extended to five bedrooms. Heating is by oil; mains water, sewerage and electricity are all in place.

Built with traditional beams and period detail, the Inn retains much of its historic fabric while operating with modern fixtures where required. Log fires and wood burners add warmth and atmosphere in the colder months; in the summer sheltered patios and the garden provide attractive al fresco dining settings. Disabled access, disability toilets, WiFi, covered seating, and well-equipped kitchen and bar facilities enhance its trading capability.

The property has a current rateable value of £59,000 (from 1 April 2023) and an EPC rating of C.

The business:

The Crown Inn is a well-established business with strong trading history. In 2024 turnover exceeded £1.2 million, demonstrating both food and drink trade viable in this rural village location. The accounts are available up to 2023; as of now the property is leased. The current team comprises some 17 staff (full and part-time), all of whom would remain under new ownership, thus offering continuity of service and operations.

With 210 covers (internal & external), and the option to augment owner’s accommodation from 3 bedrooms to 5 (subject to planning), there is scope both for growth and diversification – in weddings, functions, events, or enhanced accommodation. The additional land on long lease (at approximately £12,000 per annum) provides further opportunity to expand large-scale events or marquee use. The staffing structure is experienced enough that a hands-off owner could delegate much of the day to day, or alternatively an owner could embed more personally in operations.

Trading seven days a week, serving full à la carte, bar snacks, Sunday roasts, locally sourced produce, real ales, wines etc., The Crown has built an excellent reputation in the local area. It is listed by camra, included in Good Beer/Good Pub guides, and is very much part of the community, hosting live music, quiz nights, and seasonal or special events.

Additional opportunities for growth include expansion and development of lettings rooms, both using the existing structure of the building, as well as the land surrounding it. This could include glamping pods, lodges or self contained flats or apartments.

The freehold is available for purchase at £900,000. Alternatively, a lease opportunity is on offer with an annual rent of £70,000, together with a premium of £100,000. This flexibility allows potential purchasers or lessees to choose the structure that best suits their investment or operating model.

Disclaimer

Paul Hubbard Commercial for themselves and for the vendors/lessors of this property give notice that: (1) these particulars are set out as a general outline only and do not constitute any part of an offer or contract; (2) all descriptions, dimensions, references to condition, use, and other details are given in good faith but without responsibility and should not be relied upon as statements or representations of fact; (3) interested parties must satisfy themselves as to the accuracy of all information and carry out their own investigations, including planning, rates, and services; and (4) all figures quoted are exclusive of VAT unless stated otherwise. Subject to contract and availability.

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  1. Zoopla
  2. Commercial for sale
  3. Norfolk
  4. Norwich
  5. Banningham
  6. Colby Road