Published: 28/09/2021Norfolk could prove to be the perfect place to start your small business dreams, particularly in the food and tourism sector.
The county is perfectly placed to reap reward from a combination of cultural trends at the end of 2021 and beyond.
There’s been a rise in the number of people starting a small business in the UK throughout and post pandemic; private businesses increased by 1.9% in 2020 alone, according to research by FSB (National Federation of Self Employed & Small Businesses).
Meanwhile Norfolk has been named one of the best places in the UK for a staycation taking joint second place in HomeToGo’s ‘More Sun for Your Money’ ranking in 2021.
Together, the county is the ideal location for anyone inspired to start-up in the hospitality and tourism sector.
In August and September Google searches are up for terms including ‘Christmas Norfolk’ and ‘Christmas break UK’.
Paula Tuck, manager of our Wells and Fakenham office, said: “We have seen a wealth of choice come to the Norfolk property market for anyone keen to open a Bed and Breakfast or similar business serving the abundant tourism sector in our county.
“Whether looking to purchase a ready-made, successful business or find a property with suitable outbuildings, annexe or larger home.
“Appetite for holidays in the UK are expected to remain high in 2022 with ongoing uncertainty surrounding international travel.
“Now with autumn creeping in people are dreaming of crisp winter mornings for festive frolics – and Norfolk offers it.
“If you’re bored of the 9-5 and want to manage your own business while living among a rural community with peaceful surrounds and fresh air - perhaps now could be the perfect time to purchase a Bed & Breakfast in Norfolk.”
The Office of National Statistics revealed a fast comeback for the hospitality section following the pandemic.
In May 2020, turnover was just over £1.2 billion, compared with £3.4 billion in March 2021. This rose further to £6.9 billion by May.
It says the revival was particularly strong for the restaurant and mobile food service.
One such example on the market with Sowerbys is Arch House, a Grade II listed building and established B&B in the sought-after town of Wells-next-the-Sea.
Paula added: “Arch House is simply ideal. With an amazing ten en-suite bedrooms and large car park - everything you could need.
“Most excitingly it has huge opportunity here to create a very successful restaurant within the existing business.
“Not only be ideal for guests, but also the local community, giving them an additional dining outlet.
“A further perfect advantage of Arch House is the benefit of living in the adjacent single storey extension, which offers delightfully spacious accommodation and a beautifully private courtyard.”
Here are some other examples of properties that are either already successful B&B's, or have the potential to become one...
This beautifully presented, substantial property is currently already run as a five bedroom guest house and is perfect for those visiting Norfolk due to its location in the popular village of Dersingham – providing easy access to both Hunstanton and the north Norfolk coast.
What’s even better is that the property is being sold fully equipped and furnished to allow its new owner to continue to run the business – brilliant if you’re just starting out!
An elegant building that has been meticulously refurbished, The Old Rectory is a luxury B&B generating a healthy income, situated in a quiet area of the historic town of King’s Lynn, around five miles from The Sandringham Estate.
Offering ample accommodation for guests, the properties six immaculate en-suite bedrooms and three reception rooms are perfect for those wanting a lovely place to stay whilst exploring all that Norfolk has to offer. With the coast not being too far away, you can’t go wrong!
Located just a stone’s throw away from Old Hunstanton Golf Club and golden sandy beaches, Lakeside is a spacious coastal residence that is perfectly situated for guests to enjoy the many amenities and attractions on offer.
Boasting six bedrooms and four en-suites, the property presents generous accommodation and even benefits from its own lake offering breath taking views. With such a picturesque and idyllic setting, guests may not even feel the need to leave the grounds!
Dating back to 1910 this beautiful Edwardian home, again located within the historic town of King’s Lynn, is another well established B&B in the county of Norfolk. With original period features, this unique property offers the perfect place to enjoy a relaxing stay.
With its beautifully presented accommodation, including six en-suite bedrooms and three reception rooms, as well as a delightful, landscaped garden, the property is well-set to continue as a successful business.