Pizza Express, Saturday Market Place, King's Lynn, Norfolk
Size
5,690
Tenure
Freehold
EPC
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Parking
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- Primary use
- Restaurant
No floor / site plan
Key features
- Freehold
- Grade II listed
- Ground floor and part first floor of 5,690 sq ft
- Pizza Express (Restaurants) Limited until June 2030
- Rent of £31,500 p.a.
- Town centre location in a vibrant historic square, popular for dining and tourism with ample footfall
- First floor flat sold off on long leasehold
Description
Freehold blue-chip restaurant & residential ground rent investment in a town centre location
This attractive Grade II Listed property is arranged on ground and one upper floor.
The ground floor comprises a restaurant with rear store/ancillary to ground and first floors.
Also to the rear of the property is a courtyard providing outside seating.
The remainder of the first floor provides a self-contained flat which is accessed from the front and has been sold off on a long lease.
Location Description
King’s Lynn has a population of some 42,800 and is a port and commercial centre located on the River Great Ouse, 39 miles west of Norwich and 32 miles north-east of Peterborough.
The property is situated in a Conservation Area within the town centre, on the north side of Saturday Market Place at the junction with St James Street and almost opposite the entrance to Church Street
Tenancy
The Ground floor and part first floor is let to Pizza Express (Restaurants) Limited on a FRI lease for 30 years from 16th June 2000. First floor flat is sold off on a long leasehold.
Current rent from Pizza Express is £31,500 p.a.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
- No
- Planning permission
- None
- Business for sale
- No
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- BREEAM rating
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- Environmental description
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Pizza Express, Saturday Market Place, King's Lynn, Norfolk
About PRIDEVIEW AGENCY LLP, Middlesex
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.
Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.
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Disclaimer - Property reference 4461. 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 PRIDEVIEW AGENCY LLP, Middlesex. 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.