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LE-22602 - Bar & Beyond, 24/26 Prince of Wales Road, Norwich NR1 1LG

£1,950,000

Business rates & charges may apply

Fleurets Limited, London
SIZE

Ask agent

SECTOR

Bar / nightclub for sale

Floor/Site plan 1
1

Key features

  • Located on the late night circuit in Norwich town centre
  • 19,657 SQ FT trading as a successful bar and nightclub
  • Freehold, subject to lease expiring in March 2042 (c.19 years remain)
  • Tenant break on 24th March 2036 (c.13 years term certain)
  • Passing rent of £165,000 p.a. from 30th March 2023
  • EPC: D
  • Fleurets Ref: LE-22602
  • Call to be sent the full brochure
  • OIEO 7.96% NIY £99/SQ FT

Description

The full site under the lease comprises of two buildings which are interlinked and terraced.

Fronting the road, 24-26 Prince of Wales Road is the main trading space of Bar & Beyond; a predominantly three storey terrace building with floor to ceiling height windows on each floor.
The ground floor exterior is painted black with branded signage above the main entrance located to the left of the building, with the upper floors painted white. There is a balcony at first floor with views over the Cathedral and Norwich Town.

There is additional outdoor space which is used by customers encased in a walled courtyard with bench seating under a pagoda with a separate bar servery.

28 Prince of Wales Road is located to the right of the above building. This is a two storey terraced building painted white externally at ground floor with a glass window to first floor height with central double doors at ground level. This has self-contained access but is not currently in use and is pending a refurbishment by the tenant to bring it back into trading condition.

LE-22602 - Bar & Beyond, 24/26 Prince of Wales Road, Norwich NR1 1LG

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwich Station0.3 miles
  • Salhouse Station4.9 miles
  • Brundall Gardens Station5.0 miles

About Fleurets Limited, London

20-22 Bedford Row, London, WC1R 4EB

A Warm Reception

If our founder John Beach Fleuret came by for a Fleurets board meeting today - what would he find?

While some of the Coaching Inns he knew are still around, everything else in the industry has changed. And while Fleurets has changed too, growing and developing to offer the services that the leisure and hospitality industry today demands, one thing that hasn't changed is our committment to you, our clients.

We believe that being professional means always acting with integrity. That's not just a claim; most of our work is repeat business and an unusually low turnover of staff tells its own story. Honesty, straight talking and a relentlessly professional ethos; these are all things that John Beach Fleuret would recognise about the company that bears his name today.

We know we're nothing without our clients so we strive to put your needs at the centre of everything we do. Client service starts when you pick up the phone to Fleurets and it doesn't end when a deal is done or a service is complete. Instead we aim to build a relationship with you, trying to answer - and even anticipate - all your needs in the leisure and hospitality industry. From putting you in contact with the right counterparties to advising on strategy and marketing, we give you the benefit of our experience in hotels, restaurants, pubs and all forms of leisure property.

The leisure and hospitality industry in the UK is changing faster than ever. The old assumptions are breaking down and new opportunities are being uncovered all the time. The profile of licensees is changing as the industry becomes increasingly sophisticated and multinational. At Fleurets we are in the vanguard of this change, providing professional consultancy services. We're also an independent voice in the industry, looking ahead and suggesting where the market is going next. Constant product and service development is about creating the services that the leisure and hospitality industry needs today - and will need tomorrow.

Notes

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Disclaimer - Property reference LE-22602. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fleurets Limited, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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