Commercial Development for sale

23 Tuesday Market Place, King's Lynn, Norfolk, PE30 1JJ

£650,000
3,512 sq. ft.

Property Description

Commercial information

  • 3,512 sq ft (326 sq m)

Key features

  • Currently Trading as The Gourmet Plaza
  • Restaurant and Bar
  • Proprietors/Managers accommodation above
  • 426 sm (3,512sf)
  • Rent: Years 1 & 2: 35,000 pax Years 3, 4 & 5: 40,000 pax With minimum increase to 47,500 per annum exclusive at first review. Rent review: 5 yearly upward only rent reviews Rent free:

Full description

DESCRIPTION

Situated in a prime location the property occupies a prominent position on the southern side of the newly pedestrianised flank of the Tuesday Market Place at the junction with King Street which carries all traffic in and out of the historic core of the town to the South.

LOCATION

The property is located on the southern side of the Tuesday Market Place, the largest medieval market square in Northern Europe. The Square contains many listed buildings including the Dukes Head Hotel, the Corn Exchange Venue, the Globe Hotel/ Weatherspoons as well as Nando's and Natwest, Lloyds and TSB banks.

A considerable investment has recently been made by the Borough Council in upgrading the layout an amenities of the Tuesday Market Place to enhance its role as the cultural and commercial centre of King's Lynn.

King's Lynn is an important sub-regional centre and an historic port and market town situated on the southern shores of the Wash. The town has a population of approximately 40,000 and is the administrative centre of West Norfolk with a catchment population of 200,000 (Est.).

Road communications are via the A47, A10, A17 and A148/A149 whilst there is a main line railway service to London King's Cross (1 Hour 40 mins) and established port trade particularly with Scandinavia and Northern Europe.

ACCOMMODATION

(all figures approx.)
The accommodation comprises:-

Description
Ground floor:
Main Dining Area/Buffet Area 86 sm 927 sq ft

Bar 20.6 sm 222 sq ft

Further Dining Area 22.6 sm 243 sq ft

Kitchen 31.8 sm 342 sq ft

Plus ancillary space and Cloakroom

First Floor:
Function/Meeting rooms 45.5 sm 490 sq ft

Dining Area 15.2 sm 164 sq ft

Ancillary/Stores 45.5 sm 490 sq ft

Second Floor:
Four Bedrooms 58.8 sm 633 sq ft

Cloakrooms and Bathrooms

SERVICES

Mains water, electricity, gas and drainage are connected.

We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

VIEWING

Strictly by appointment with the sole letting agent:-


More information from this agent

Nearest station

  • Kings Lynn (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Brown & Co, King's Lynn

Market Chambers, 25-26 Tuesday Market Place, King's Lynn, PE30 1JJ

01553 403019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Kings Lynn (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Brown & Co, King's Lynn

Market Chambers, 25-26 Tuesday Market Place, King's Lynn, PE30 1JJ

01553 403019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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