About this property

Detailed Description

The premises comprises a two-storey café and restaurant which forms part of Merchants Court, a mixed commercial and residential building.

The ground floor is divided into two main areas, a café with traditional shop front and a bar and restaurant. The large basement links the ground floor spaces and provides a large kitchen with wash/ prep room, basement bar and additional restaurant seating. The dining area provides approximately 112 covers in its existing configuration. The accommodation is well presented throughout.

The basement also contains male & female WC's and stairs up to both the café and restaurant areas.

Externally, there is courtyard seating to the rear as well as some additional seating at the front of the café on St Georges Street.

The property is fully licensed and until very recently, was trading as a successful restaurant and café. However, the property would suit a variety of uses, subject to planning.

All fixtures and fittings are available to purchase by separate negotiation. A full inventory can be provided on request.

Location

The property is located on St Georges Street, close to Norwich Playhouse and Norwich University of the Arts with close proximity to a number of independent cafes, bars and restaurants, and only a short walking distance from Norwich city centre.

There is easy access to the St Andrews multi-storey car park just around the corner on Duke Street. The Colegate car park is also within close proximity.

Accommodation

The property provides the following gross internal floor area.

Description sq m sq ft
Restaurant & bar 86.9 935
Café 78.1 840
Basement 192.3 2,070
Total GIA 357.2 3,845

Business Rates

Business rates will be the responsibility of the occupier. The premises have the following assessment:-

Description Wine bar & premises
Rateable Value £40,750
Rates payable for 2023/2024 £20,334

Services

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.

Viewing

Strictly by appointment with the sole letting agent.

VAT

It is understood that VAT is applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting.

Terms

The premises are available to let on a full repairing and insuring basis for a rent of £37,000 per annum exclusive.