Substantial restaurant building set over four floors

Prominent 3,413sq ft restaurant building: Redevelopment potential This substantial town centre end terrace Grade II listed building has accommodation over four floors. The current use of the property is a restaurant providing around 100 covers. It has been a restaurant for over 20 years, however was residential before that and an application has been submitted to change the use back to residential. The property has four ground floor entrances allowing for the building to be subdivided. The property is located in an attractive conservation area close to St George’s Theatre, plain and park. It is close to the prime retail area including the Market Gate shopping centre and King Street/market place. According to the valuation office website the property is described as a restaurant, bar and premises and has a rateable value of £17,750 with effect from the 1st April 2010. As the property is listed no rates are currently payable.

Tenure

Freehold

Description

Lower Ground Floor

Restaurant seating area for around 20 covers, bar, store room, freezer & fridge room (775sq/ft)

Ground Floor

Restaurant seating area for around 80 covers, kitchen/prep room (1,209sq/ft)

First Floor

Landing, front and rear offices, male & female wc, store (609sq/ft)

Second Floor

3 rooms, wc, utility, store (820sq/ft)

Outside

To the north side of the property is a terrace area which fronts St George's Plain and which is used as an additional seating area. To the rear of the property is a small yard area accessed from Deneside which is used as a bin store.

Planning

A planning application has been submitted for change of use into two dwellings and a decision is due 5th April. Application no 06/16/0087/F & 06/16/0088/LB. Further details including plans can be found on the public access website of Great Yarmouth Borough Council www.great-yarmouth.gov.uk/planning.

Viewing

Open days

Services

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

Local Authority

Great Yarmouth Borough Council. Tel: 01493 856100

Solicitors

Howes Percival, Flint Buildings, 1 Bedding Lane, Norwich NR3 1RG, Ref: Joanna Nicholls, Tel: 01603 281967

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.