Occupying a prominent position in the idyllic Broadland village of Salhouse, The Stag Public House and Restaurant is heading to our February auction in search of a new owner.
Recently refurbished to an exceptionally high standard, this well-established business already has a fantastic reputation and is a profitable operation offered with an attractive guide price of £500,000 to £550,000. This is an enticing prospect for any seasoned operator or aspiring entrepreneur to take the reins and elevate The Stag to even greater heights.
Not your average pub
Expertly designed to cater for diverse customer needs, The Stag is no ordinary village pub. The main restaurant and bar area is an inviting space that boasts a carefully crafted blend of rustic charm and modern décor. Comfortably seating around 65 people, the public areas benefit from large windows that flood it with natural light, creating a bright and airy atmosphere.
The property further includes a fully equipped commercial kitchen and preparation area, immaculate in its presentation, with the added bonus of a distinctive open-plan pizza oven and servery.
A covered terrace provides additional space for casual outdoor dining, making the most of the picturesque rural setting. External outbuildings and a ground floor cellar support the business’s operational needs, ensuring sufficient storage for stock and equipment.
On the first floor, there are four luxurious double-letting rooms, each with its own high-end ensuite shower room. This guest accommodation provides an excellent avenue for additional income or the perfect on-site residential space for the owner, further enhancing the business's versatility.
The grounds surrounding the property are equally impressive, featuring almost half an acre of well-maintained gardens. This includes a large trade garden at the rear, which is ideal for al-fresco dining. At the front of the property is ample space for customer parking.
Smart move
With an impressive annual turnover exceeding £750,000 per annum, The Stag is a wise investment prospect, offering a stable foundation for a new owner to capitalise on its existing profitability.
Looking ahead, there is significant potential for further growth. By extending the premises, the new owner could maximise the size of the plot; alternatively, the property could be fully converted into a stunning guesthouse or even a dream family home, subject to planning approval.
Prime location
As a gateway to the Norfolk Broads, Salhouse attracts both tourists and residents looking to explore the area. With excellent transport links, including a bus stop right outside and a train station approximately three miles away, The Stag is well-positioned to benefit from passing trade.
The village’s combination of natural beauty, major attractions, and proximity to the busy town of Wroxham guarantees repeat visitors, making it an ideal spot for a thriving business.
Don’t miss out
Director and Auctioneer Bryan Baxter comments: “With freehold tenure and fixtures, fittings, and stock available by separate negotiation, this is a remarkable opportunity for someone to acquire a fully operational, high-quality establishment that will generate immediate income.”
Do you envision yourself as the proud new owner of The Stag? Get in touch with the Auction House East Anglia office on 01603 505100 to arrange a viewing.
