Bar / Restaurant Premises

Bar / Restaurant Premises
481.07 SqM (5,177SqFt)
VERY RARE OPPORTUNITY
LARGE OPEN PLAN GROUND
AND FIRST FLOOR WITH
FITTED BAR
POTENTIAL FURTHER
DEVELOPMENT (STP)
Note: Arnolds for themselves and for the vendors or lessees of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of, an offer or
contract: (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchaser or lessees should not rely on them as statements or representations of
fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Arnolds has any authority to make or give any representation or warranty whatever in relation to this property.
Leisure
For Sale
63-67, Prince Of Wales Road, Norwich NR1 1DG
Opportunity to purchase one of the largest bar/restaurants in the heart
of Norwich's ''Clubland'' with the possibility of further development (stp).
The property is located mid-way along Prince of Wales Road, a
busy vehicular and pedestrian thoroughfare linking the mainline
railway station with both the professional district and the prime
retailing heart of the city centre.
63-67, Prince Of Wales Road, Norwich NR1 1DG
Description
Planning
The property occupies a very prominent location at the
junction of Prince of Wales Road and Vedast Street, close to
Mercy Nightclub.
Prince of Wales Road has a current consent for A4
(Drinking
establishment).
Planning
reference:
09/00437/U.
The property is well appointed with timber floor, fitted bars at
ground and first floor level, substantial stores and extraction
for kitchen facilities.
All enquiries regarding planning matters should be
directed to the Planning Department at Norwich City
Council. Tel: 03449 803333.
The property also benefits from bi-folding doors to the front
elevation and also tables and chairs.
Legal Costs
To the rear of the property is a beer garden.
Each party to bear their own costs.
Accommodation
VAT
We have measured the property in accordance with the
RICS Code of Measuring Practice and calculate the
following approximate internal floor areas:
Our client reserves the right to charge VAT in line with
current legislation.
EPC
Description
Ground Floor
Bar / Restaurant
WC
First Floor
Bar Area
Kitchen
WC
Basement
TOTAL
M2
Sq.Ft.
232.93
---
2,507
---
128.50
28.84
--90.80
481.07
1,383
310
--977
5,177
The property has an EPC rating of: D
Viewing and further information
Strictly by appointment with the sole agent:
Robert Flint or Guy Gowing
robert.flint@arnoldskeys.com
guy.gowing@arnoldskeys.com
Arnolds Keys 01603 620551
SUBJECT TO CONTRACT - CMK/07/15/120
Terms
We are pleased to offer the Freehold, with vacant
possession, at a guide price of £550,000 exclusive.
Alternatively, consideration may be given to the
purchase of separate properties.
Business Rates
The property has been entered onto the Valuation Office
Agency website as the following:
Description: Restaurant and Premises
Rateable Value: £44,500
Rates Payable 2016/2017: £22,116.50
Licence
The property has a current licence, a copy of which is
available from the agent.
The licence will be transferred upon completion.