Grade II listed three storey city centre commercial building with large shop front

This Grade II listed three storey mid terrace building is located within the city centre conservation area and extends to around 576 sq/m (6,205 sq/ft). The ground floor provides considerable open-plan retail space with rear storage, staff areas and rear loading from Upper Goat Lane. It was previously let to The Games Table at £35,000 pa. The first and second floors, accessed form their own doorway onto Lower Goat Lane have, most recently, been utilised as a restaurant providing separate first floor WCs, various seating areas, a commercial kitchen and a bar. It was previously let to Mambos at £21,500 pa. it is now to be sold with vacant possession and is suitable for various uses, subject to the necessary consents. Joint agent Arnold Keys

Tenure

Freehold

Description

Ground Floor 260.50 sq/m (2,804 sq/ft) First Floor 215.17 sq/m (2,316 sq/ft) Second Floor 100.8 sq/m (1,085 sq/ft) Total NIA 576.47 sq/m (6,205 sq/ft)

Location

Lower Goat Lane is the heart of Norwich's famous Lanes, which is characterised by a wide range of independent traders and links the prime retailing area of Gentleman's Walk and The Market at Pottergate and wider lanes network. The property backs onto St Giles car park.

VAT

Please note that VAT is payable on this Lot

Ratabale Value

According to the Valuation Office website, the ground floor shop cafe premises has an area of 278.3 sq/m and a rateable value of £37,500, and the first floor restaurant premises has an area of 361.1 sq/m and a ratable value of £22,000, both with effect from the 1st April 2023. Combined ratable value £59,500.

Viewings

Individual viewings can be arranged and the next are on the next are Tuesday 22 April - please call to arrange the next available slot.

Energy Efficiency Rating (EPC)

Current Rating Ground floor: C First floor: D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Norwich City Council

Solicitors

Rogers and Norton (Norwich), Ref: Tim Chiverton, Tel: 01603 675612

Additional Fees

Buyer's Premium - £960 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.