Summary - 124 124 North Elmham, NR20 NR20 5JQ
4 bed 3 bath Commercial Property
Freehold tea room, post office and three holiday lets in desirable village location.
20% current yield with clear income-growth potential
A rare freehold mixed-use opportunity in the heart of North Elmham, combining a beloved tea room and post office with three established holiday lets. The site currently produces a strong 20% yield from daytime trade and short-stay accommodation, with scope to grow revenue through extended hours, events and enhanced food and drink offerings. The spacious two-bedroom apartment to the rear provides genuine live/work flexibility for an owner-operator or an additional high-performing let.
The tea room is a well-regarded local hub, seating 30+ and holding a TripAdvisor Certificate of Excellence, benefiting from regular footfall and a private off-road car park. The three holiday lets (a one-bedroom cottage, a studio barn and a compact studio) perform consistently, supporting staycation demand in a popular Norfolk village location just 10 minutes from Dereham and 30 minutes from Norwich.
Material considerations: broadband speeds are slow, and the wider area metrics show pockets of deprivation despite very low crime and excellent mobile signal. The business currently operates limited hours, so unlocking evening trade, events, and expanded food service will require additional management input and modest investment to realise the advertised growth potential. This is a large, period site offered freehold, suited to an investor or owner-operator seeking an income-producing hospitality and accommodation business with room to expand.
4 bedroom house for sale in North Elmham, NR20 — £600,000 • 4 bed • 3 bath • 3328 ft²
Cafe for sale in Business For Sale in Holt, North Norfolk, NR25 — £159,000 • 1 bed • 1 bath
3 bedroom detached house for sale in Stocks Green, Castle Acre, King's Lynn, Norfolk, PE32 — £785,000 • 3 bed • 1 bath • 3140 ft²
2 bedroom cottage for sale in Holt Road, North Elmham, NR20 — £150,000 • 2 bed • 1 bath • 639 ft²
4 bedroom chalet for sale in Cedar Close, North Elmham, NR20 — £300,000 • 4 bed • 2 bath • 818 ft²
Pub for sale in Norfolk Investment Property , Norfolk, NR9 3DL, NR9 — £900,000 • 1 bed • 1 bath
