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Leisure Facility for sale

Former Mermaid Pub, Norwich Road, Bungay, Norfolk, NR35 2LB

Guide Price* £225,000
4,036 sq. m.

Property Description

Commercial information

  • 43,443 sq ft (4,036 sq m)

Full description

For sale by auction at the Assembly House, Norwich on Thursday 27th September 2018 at 11am. Guide £190,000 - £225,000*†.

General: This former well known public house known as The Mermaid, Hedenham, lies about 12 miles south-east of Norwich and some 4 miles from the market town of Bungay and comes to the market for the first time for many years. The building dates back to the early 1800's or thereabouts and comprises a two storey detached building consisting of ground floor restaurant/bar premises with first floor storage areas and bedrooms and attic rooms.

The accommodation is arranged over two floors and comprises:

Ground floor: Front entrance lobby, four restaurant areas with counter bar/worktop and door to cellar, kitchen and food preparation room, rear entrance hall with cloakrooms.

First Floor: Landing, store room/bedroom with en-suite bathroom, two further bedrooms, kitchen, rear landing, bedroom 4.

Second Floor: Two attic rooms.

Outside, the property is approached from the road and included in the sale is a rough grassed area and surfaced car parking area together with timber barn/wood shed, paved area, timber store and outside WC. The whole area, including an irregular shaped area of rough grassland with frontage to Norwich Road immediately to the west of the pub car park amounts to some 0.9 acre, subject to measured survey.

The property was originally a public house for many years, but latterly has been used as a curry restaurant, although at the time of our inspection the restaurant has been closed and will be offered with vacant possession. The building appears to be neglected and buyers will see the potential to re-arrange the accommodation and any remedial work and change of use will be subject to the usual planning consent being forthcoming.

Location: Buyers should note that some of the fixtures are to be removed prior to the sale but that the property will be sold on completion with any items remaining.

Right of Way: There is a right of way over the land between the timber framed barn and the rough land in favour of a neighbouring farmer leading to a field at the rear of the Mermaid Public House.

Location: The property occupies a rural position facing a busy road in the centre of a scattered group of houses outside any main settlement with the main facilities in the immediate locality being in Bungay which is about 3 miles to the south.

Directions: Proceed out of Norwich via the Trowse bypass and proceed south on the B1332 travelling through Poringland, Brook and Woodton and on entering Hedenham the property will be seen on the right hand side.

Energy Rating: D

Viewing: Our representative will be at the property on Tuesdays and Thursdays between 11.15am and 12.00 noon, commencing on Tuesday 28th August and ending on Thursday 20th September.

Solicitors: Leathes Prior (Attn Mr William Riley), 74 The Close, Norwich, NR1 4DR Tel 01603 610911

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Brown & Co, Norwich on 0160 395 0173.

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