Mon, 18 Jun 2018 | BUSINESS SALE
The Library Restaurant, based at Guildhall Hill, Norwich, has been put up for sale as founders Jayne and Nigel Raffles look to leave the industry to pursue other opportunities.
It will remain fully operational until a buyer has been found to replace the Raffles.
The couple are leaving the restaurant business after 27 years of running a number of venues across the city, including St Benedict’s Grill which opened in 1991, Pinocchio’s on St Benedict’s Street, and Pulse vegetarian café bar.
Mrs Raffles said: “While the restaurants have given us many opportunities and cherished customers, it’s now time we explored the next chapters in our careers.”
Located in Norwich’s former subscription library dating back to 1886, the restaurant space still stars wooden floors, marble tables and walls lined with tall bookcases. It seats 85 customers in its main dining area and a total of 150 diners throughout, and features a bar in the original reading room, two cellars and function rooms each, a courtyard, and a balcony in its mezzanine level.
Mr Raffles, who is also The Library’s current head chef, has trained his current staff personally, and has worked alongside City College Norwich’s catering school to recruit new members.
“We hope the [restaurant] will remain a focal point of the city and continue to be somewhere the public can enjoy as part of its rich history, which is so important to preserve for future generations,” said Mrs Raffles, who is sad to leave the business until a new owner is found.
Indicative offers are required by close of business Monday 20th July. Long established business, founded in 1996. Good core, repeat business customers. Bonded warehouse. Established brand name.
Designs, supplies and installs fibre optic and IT cabling solutions for clients throughout the UK and Europe. Offers electrical, structured cabling and network/Wi-Fi solutions, AV equipment and LAN/ethernet, in addition to project management, consult...
LEASEHOLD
Imports an extensive selection of toys and gifts, which are sold to trade customers throughout the UK and internationally. Has established a strong reputation within its sector for its innovative product range, competitive prices and exceptional serv...
FREEHOLD
|
14
|
|
Jul
|
Huddersfield retail park acquired out of administration | COMMERCIAL PROPERTY
Huddersfield’s Gallagher Retail Park has been acquired...
|
14
|
|
Jul
|
Directors of distressed companies get more breathing space | BUSINESS NEWS
The temporary suspension of wrongful trading provisions intr...
|
13
|
|
Jul
|
Yorkshire retailer Peter Jones enters administration | ADMINISTRATION
Well-known Wakefield-based retailer Peter Jones has entered ...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources