Country hotel and restaurant on A149 up for sale for almost £1m
PUBLISHED: 12:06 31 July 2019 | UPDATED: 12:06 31 July 2019
The Horse and Groom in Rollesby is up for sale following its shock closure earlier this year Picture: Archant
Archant
A country hotel and restaurant which closed due to a £13,000 debt is up for sale for close to £1m.
The Horse and Groom in Rollesby is up for sale following its shock closure earlier this year Picture: ArchantThe Horse and Groom Hotel and attached Jasminum Restaurant in Rollesby shut suddenly in April, surprising many of the village's residents.
A notice appeared in the premises' window stating that the tenant, Thanh Van Phung, had a judgment issued by County Court against him for unpaid debts of £12,524.
The creditor had served a statutory demand under the Insolvency Act requiring Mr Van Phung to pay the debt as well as interest and a court fee totalling £24,260.
You may also want to watch:
It ceased trading on April 21 and is now up for sale with East Commercial for £975,000.
The particulars describe it as a pub/restaurant (80 covers) and motel, 21 guest bedrooms (20 en-suite) within landscaped grounds and a car park (40 spaces).
It is described as having "a long and prominent frontage to the A149."
The restaurant served Chinese, Thai, and English food and provided a takeaway service to locals and visitors alike.
View the property details here.
If you value what this story gives you, please consider supporting the Great Yarmouth Mercury. Click the link in the orange box below for details.
