Commercial Properties For Sale in Norwood, Beverley, East Riding Of Yorkshire
Paid partnerships can play a role in listing order
- Within the same family ownership for over 40 years
- Prominent Grade II Listed building within Wednesday Market
- Close to Beverley Minster and Toll Gavel
The property comprises a substantial two-storey commercial building providing ground and first floor accommodation, with a mixture of retail, leisure and ancillary uses. The ground floor is occupied by Magnet Limited, who have recently entered into a new 10-year lease commencing 17 July 2025, with a passing rent of £43,000 per annum and a rent review scheduled for 17 July 2030. The accommodation is fitted out as a high-quality kitchen display showroom and provides a modern specification including suspended ceilings, LED lighting, separate ladies and gents WC facilities, disabled WC accommodation, together with dedicated office, kitchen and storage areas. The first floor is occupied by Sonali Spice, an established Indian restaurant operator, who have been trading from the premises for approximately 10 years and have recently committed to a new 15-year lease from 24 June 2026. The lease provides for five-yearly rent reviews and a passing rent of £42,000 per annum. The restaurant accommodation benefits from its own private access from the south elevation, together with access via the main internal stairwell and a disabled platform lift. Internally, the accommodation provides an open-plan restaurant and bar area, separate commercial kitchen, storage facilities and customer WC accommodation.
The property comprises an attractive and versatile mixed-use commercial building of traditional brick construction beneath a pitched concrete tiled roof, incorporating four ground floor retail units, currently occupied by a mix of established occupiers including a bakery, café and estate agency, with one unit operating as a double unit. The property also provides substantial first floor restaurant accommodation together with additional second floor space. The property benefits from Class E planning use, providing considerable flexibility for a range of occupiers and commercial uses, including retail, café/restaurant, office, leisure and other compatible uses, subject to any necessary planning consents. Externally, the property benefits from a dedicated rear service and parking area, providing direct access to the ground floor units. There are six private parking spaces available to the property, accessed via a keypad-controlled entrance from the adjoining Marks & Spencer car park. The property is also conveniently positioned close to a public car park directly opposite, providing additional convenient parking for customers, staff and visitors.
The property comprises of a three storey period property that fronts Saturday Market and is adjacent to the Kings Head public house and Dyer Lane pedestrian access linking to further retail shops and Tesco's Supermarket. The property comprises of a communal access via Saturday Market with the building consisting of a variety of commercial operators that fall under Class E use, which consists of retail, beauty, medial and office. The premises benefit from communal kitchen and WC facilities within the building. A full tenancy schedule is available upon request.