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Thailand Restaurant, 9 Ring Road, Norwich, Norfolk NR7 0XJ

Guide Price
£375,000
Auction House, East Anglia
PROPERTY TYPE

Restaurant

BEDROOMS

3

BATHROOMS

1

SIZE

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Key features

  • 54 cover restaurant with three bedroom flat
  • Currently let on a new 5 year tenancy passing rent £42,000 pa
  • Attractive double-digit yield
  • Guide price: £375,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 10:00am, Wednesday 17th June 2026

Description

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 17TH JUNE 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A long established Thai restaurant currently let with a passing rent £42,000 pa

A rare opportunity to acquire a long-established freehold restaurant investment. This highly regarded Thai restaurant was the first Thai restaurant in Norwich and has traded successfully for over 40 years, building a strong local reputation.

The property comprises a 54-cover restaurant with bar, customer WCs and commercial kitchen on the ground floor, with a three-bedroom owner’s flat on the first floor.

Externally there is a customer car park, large garage with adjoining store and an enclosed private garden. The property is air conditioned with gas fired central heating.

This a sale and leaseback arrangement with a passing rent of £42,000 per annum, offering an attractive double-digit yield.

Ground Floor 54 cover restaurant with bar area, commercial kitchen, store room, ladies and gents toilets (110 sqm)
First Floor Landing sitting room, three bedrooms, bathroom, separate wc, kitchen, study (110 sqm)
Outside Customer carpark, fully fenced rear garden, brick garage and store, The property is located in a densely populated and popular residential area to the east of Norwich.
Tenancy The property is let to The current occupier on a new 5 year lease Passing rent £42,000 pa.
Business Rates Business rates £14,000 pa from 1st April 2026.
Council Tax Band (Flat) A

Tenure: Freehold

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Thailand Restaurant, 9 Ring Road, Norwich, Norfolk NR7 0XJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Norwich Station1.7 miles
  • Brundall Gardens Station3.2 miles
  • Salhouse Station3.4 miles
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About Auction House, East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE
Industry affiliations:

Why Use Auction House East Anglia?

Auction House East Anglia is an award-winning auctioneer with offices in Norwich, Ipswich, King's Lynn, Peterborough, Leigh-on-Sea and Cambridge. We are the largest and most successful property auctioneer in the region, having sold 628 lots and raised £112 million for our clients in 2025.

Our team are equipped with local expert knowledge and experience that enables us to assist everyone from Brancaster to Braintree, Harlow to Huntingdon, and Spalding to Southwold. We hold regular livestream auctions throughout the year, which seamlessly blend the traditional auction experience with modern technology to make buying and selling under the hammer even more accessible. In addition to our livestream auction, we also offer our highly successful weekly online auctions, where bidding opens every Monday at 1pm for 24 hours.

Notes

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Disclaimer - Property reference 202603111554sq_ukzf. 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 Auction House, East Anglia. 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.

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 Auction House, East Anglia on 01603 361653.

*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.”

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