The Cherry Tree is a popular, wet led pub located just outside the centre of Norwich. It benefits from a steady, loyal customer base throughout the day and the pub is part of a circuit for drinkers visiting of a weekend.
The pub has a traditional local feel to it with a large bar as the main focal point. There is a pool room and some cosy corners in the main trading area that leads out to a fantastic external area with the added benefit of an outside bar.
Currently the pub is split 90% wet 10% dry and delivers weekly sales of around 10,000. With a large commercial kitchen in place, there is huge potential for food sales growth therefore an Operator with food experience is essential to drive and deliver the Marston's company menu.
Live music and events are a key aspect to the business so the pub will need an Operator who can organise and market these events to really pull in the community.
What's in it for you?
* 22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of 25K (released weekly)
* Low ingoing costs, deposits starting from 5,000 and 360 legal cost. (*deposits can vary dependant on business - ask us for more details*)
* Accommodation included with most bills covered, except the council tax & TV License.
If this is not the pub for you do you know someone who might be interested? If so, let us know using our Refer a Friend scheme and if they're offered, we will give you a 1,000! (Terms & conditions apply)
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