Profitable Norfolk Pub for Sale

Posted by Sidney Phillips on 5th August 2021 -

Leisure and hospitality agent Sidney Phillips is delighted to announce that the Red Lion in Hockwold cum Wilton is newly available for purchase. 

The Red Lion is situated in the highly desirable and sought-after village of Hockwold cum Wilton, near Thetford in Norfolk. A popular destination for tourists, the area benefits from a variety of notable landmarks and amenities such as the Center Parcs, the late 15th century Hockwold Hall and the Weeting Heath National Nature Reserve. 

The Red Lion is a notably characterful property of brick and stone construction and pitched slate roof. It benefits from Three internal trade areas providing seating for 90, as well as extensive trade gardens and children’s play area with seating for 104. 

The property provides a spacious three bedroom owner’s cottage in addition, with its own private garden. 

Zaine Lamont of Sidney Phillips is handling the sale and commented: “The Red Lion is an exciting opportunity for a buyer to take on a profitable business with strong turnover, and take it to the next level by expanding the food service hours and convert the outbuildings into holiday lets to cater for staycationers.” 

The freehold interest of the Red Lion is available off an asking price of £550,000.

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