Pollocksville NC Real Estate & Commercial for Sale

Well established, independently owned full service restaurant, specializing in hometown breakfasts and lunches. Rare opportunity to purchase a quaint restaurant in this high demand neighborhood where locals gather for a leisurely morning meal or lunch and friendly camaraderie. This establishment focuses on fostering a sense of community, featuring communal tables with warm atmosphere in a welcoming environment. Everything is in place to take over and grow even more. A team of five provide homemade food in a great atmosphere A loyal local customer base has grown the business at a steady profit of 30-40% over the past three years. There is more than 3400 residents within a ten mile radius from which to pull. This is an opportunity for a person wanting to learn the business or for a seasoned chef looking for a new startup location. The restaurant is in a 1600 sq. ft., building that was completely retrofitted in 2019 with inside seating for 50 and parking for 19. The restaurant is situated on .23 of an acre of real estate along a consistently traveled main road. The business began full time in 2019 and was outfitted top to bottom with new equipment at that time. Fishing and water sports are a community pastime and the wildlife boat launch is less than 1/4 mile from the restaurant. A year round RV park is located less than 2 miles from the restaurant and a well known strawberry farm that attracts visitors during the season is close by. Turn key opportunity. Additional information upon request.

Subject property consists of 97.47 acres of which 29.2655 acres is an operating solar facility. The remaining 68.2 acres has approximately 15 acres producing hay with the balance being wooded, and has a 1-acre pond. The solar lease began in 2017. The lease originated in June, 2017 with an initial term of 15 years with 5 5-year renewal options. If all renewals are exercised the lease ends in June of 2057. The lease rate is $2,059.86 /month and has a 2% annual escalation rate.