8-12 Prince Of Wales Road, Norwich, NR1 1LB

Description
The property comprises a freehold public house/bar with a well-proportioned ground floor bar area with trade kitchen, basement cellar and storage and first floor residential accommodation.

Location
The property is located on Prince of Wales Road, which is the main thoroughfare from the city centre and Tombland to the Riverside complex and train station. The area forms part Norwich's principal Late Night Activity Zone and the City Centre Leisure Area, comprising a mixture of bars, clubs, offices, and residential accommodation and within easy walking distance to the city centre and the main shopping areas including Chantry Place and Castle Quarter.

Viewings
Strictly by appointment through the sole agents.

Tenure & Terms
Offers in the region of £360,000 plus VAT are being sought for the freehold interest subject to vacant possession. Alternatively, the property is available to let at an initial rent of £30,000 per annum exclusive. In accordance with the latest Anti Money Laundering (AML) legislation the purchaser will be required to provide proof of identity, address and source of funds to the selling agents prior to solicitors being instructed.

Planning & Uses
We understand the current use is as a public house/bar and therefore a sui generis use class. A change to any other use is likely to require planning permission. The current Premises Licence permits opening until 4:30am. We recommend interested parties make their own enquiries of Norwich City Council to establish the current use, licensing and the potential for other uses.