Sold £265,000
- Bar
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Prominent freehold building at the very heart of Norwich city centre currently a bar/restaurant with manager accommodation, consent for conversion to 7 letting rooms and bar.
Formally known as La Rouen and Bar 12 this vacant freehold property consists of a ground and first floor bar and dining space with kitchen and customer toilets. There is also a one bedroom managers flat on the top floor. Alternative use has been approved for the conversion of the rear of the building and upper floors into 6 ensuite letting rooms and a one bedroom studio apartment. The remainder of the ground floor would be retained as a bar. This exciting proposition has splendid views over the city skyline including Norwich's Norman Castle and Castle Mall Gardens.
Tenure
Freehold
Existing Accommodation
Ground Floor: bar and dining rooms, customer toilets, access to cellar. First Floor: dining rooms, kitchen, preparation area and store, customer toilets. Second Floor: Managers flat.
Proposed Layout
Ground Floor: Bar, customer toilets, 2 ensuite bedrooms. First Floor: 4 ensuite bedrooms, store room. Second Floor: Self contained studio apartment.
Planning
Change of use from bar/restaurant (Class A3/A4) to boutique hotel (Class C1) with replacement single storey extension, structural repairs and associated works. Mon 23 Mar 2020. This consent has now lapsed therefore purchasers would need to approach Norwich City Council regarding this or any alternative planning consent.
Business Rates
1 April 2023 to present: £24,500
VAT
90% VAT is applicable to the sale and 10% exempt for the residential element.
Viewings
Viewings are being arranged by appointment only and the next opportunity to view is Thursday 1 February. Please call the Norwich office to book an appointment.
Energy Efficiency Rating (EPC)
Current Rating B
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
Howard Green Llp, Ref: Sara Green
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £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.
