No longer on the market
This property is no longer on the market
Floorplan
MapShop
Features and description
- Grade II listed three storey city centre commercial building
- Around 6,205 sq/ft
- Guide price: £450,000 plus VAT
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 11:00am, Thursday 8th May 2025
SOLD PRIOR TO AUCTION
Grade II listed three storey city centre commercial building with large shop front
This Grade II listed three storey mid terrace building is located within the city centre conservation area and extends to around 576 sq/m (6,205 sq/ft).
The ground floor provides considerable open-plan retail space with rear storage, staff areas and rear loading from Upper Goat Lane. It was previously let to The Games Table at £35,000 pa.
The first and second floors, accessed form their own doorway onto Lower Goat Lane have, most recently, been utilised as a restaurant providing separate first floor WCs, various seating areas, a commercial kitchen and a bar. It was previously let to Mambos at £21,500 pa.
it is now to be sold with vacant possession and is suitable for various uses, subject to the necessary consents.
Joint agent Arnold Keys
Description Ground Floor 260.50 sq/m (2,804 sq/ft)
First Floor 215.17 sq/m (2,316 sq/ft)
Second Floor 100.8 sq/m (1,085 sq/ft)
Total NIA 576.47 sq/m (6,205 sq/ft)
Location Lower Goat Lane is the heart of Norwich's famous Lanes, which is characterised by a wide range of independent traders and links the prime retailing area of Gentleman's Walk and The Market at Pottergate and wider lanes network. The property backs onto St Giles car park.
VAT Please note that VAT is payable on this Lot
Ratabale Value According to the Valuation Office website, the ground floor shop cafe premises has an area of 278.3 sq/m and a rateable value of £37,500, and the first floor restaurant premises has an area of 361.1 sq/m and a ratable value of £22,000, both with effect from the 1st April 2023. Combined ratable value £59,500.
Viewings Individual viewings can be arranged and the next are on the next are Tuesday 22 April - please call to arrange the next available slot.
Tenure: Freehold
EPC Rating: Ground floor: C First floor: D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 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.
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