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Tuesday Market Place, Kings Lynn, Norfolk

3,512 sq ft, £800,000

For sale

Historic Landmark Property- TO LET
Formerly Trading as the Gourmet Plaza restaurant & bar
Good size managers accommodation over
Central town location overlooking Tuesday Market Place
Ample Public car parking

LOCATION
The property is located on the southern side of The Tuesday Market Place, the largest medieval market square in Northern Europe. The Square contains many listed buildings including the Dukes Head Hotel, the Corn Exchange Venue, the Globe Hotel/Wetherspoons and well as Nando's and Natwest, Lloyds and TSB Banks.

A considerable investment has recently been made by the Borough Council in upgrading the layout and amenities of the Tuesday Market Place to enhance its role as the cultural and commercial centre of Ki…

Historic Landmark Property- TO LET
Formerly Trading as the Gourmet Plaza restaurant & bar
Good size managers accommodation over
Central town location overlooking Tuesday Market Place
Ample Public car parking

LOCATION
The property is located on the southern side of The Tuesday Market Place, the largest medieval market square in Northern Europe. The Square contains many listed buildings including the Dukes Head Hotel, the Corn Exchange Venue, the Globe Hotel/Wetherspoons and well as Nando's and Natwest, Lloyds and TSB Banks.

A considerable investment has recently been made by the Borough Council in upgrading the layout and amenities of the Tuesday Market Place to enhance its role as the cultural and commercial centre of King's Lynn.

King's Lynn is an important sub-regional centre and an historic port and market town situated on the southern shores of the Wash. The town has a population of approximately 40,000 and is the administrative centre of West Norfolk with a catchment population of 200,000 (Est.).

Road communications are via the A47, A10, A17 and A148/A149 whilst there is a main line railway service to London King's Cross (1 Hour 40 mins) and established port trade particularly with Scandinavia and Northern Europe.

DESCRIPTION
Situated in a prime location the property occupies a prominent position on the southern side of the newly pedestrianised flank of the Tuesday Market Place at the junction with King Street which carries all traffic in and out of the historic core of the town to the South.

ACCOMMODATION
Ground Floor
Main Dining Area/Buffet Area:86sm (927sf)
Bar: 20.6sm (222sf)
Further Dining Area: 22.6sm (243sf)
Kitchen: 31.8sm (342sf)
Plus ancillary space and Cloakroom

First Floor
Function/Meeting Rooms: 45.5sm (490sf)
Dining Area: 15.2sm (164sm)
Ancillary/Stores: 45.5sm (490sf)
Cloakrooms
Second Floor
Four Bedrooms: 58.8sm (633sf)
Cloakrooms and Bathrooms

SERVICES
Mains water, electricity, gas and drainage are connected. We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

TERMS
The property is offered To Let.

£50,000pax rising to £57,500 at rent review
Subject to references
Minimum term of 10 years.

Please note that tenants will be required to provide references and an administration fee of £45 plus VAT will be charged.

OUTGOINGS
Rateable Value (2017 assessment) £36,250
Estimated Rates payable for 2017
As Calculated on the VOA Website£20,771

VAT
To be advised

LEGAL COSTS
Both sides will bear their own legal costs in this transaction.

PARKING NOTES
Ample public parking is available on the Tuesday Market Place

VIEWING
Strictly by appointment with the Agents' Office



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