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Withdrawn | Lot 36

Constantia Cottage Restaurant, High Street, East Runton, Cromer NR27 9NX

Withdrawn

  • Restaurant
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 15/06/2022

Auction Time

11:00

Auction Venue

Livestream Auction

A high profile restaurant on the North Norfolk coast with extensive living accommodation Planning passed for residential conversion into seven apartments and managers accommodation.

A highly popular and highly regarded family owned business which traded for many years as a Greek restaurant and entertainment venue. There is a four bedroom owners flat, a three bedroom flat with sea views, which is currently let producing a gross income of £13,400 pa and a studio flat which could produce a further added income. The premises are in a very prominent and busy holiday area and is delightfully situated on the North Norfolk coast between Cromer and Sheringham. The property has ceased trading but could reopen at short notice or there is planning for change of use into seven holiday lets and caretaker accommodation. There is also a large carpark which could have further potential. This rare opportunity is being offered due to retirement and viewing is highly recommended.

Tenure

Freehold

Existing accommodation

Ground Floor: Reception area, bar, function room, restaurant areas, kitchen, storage room, ladies and gents toilets, cloaks area. First Floor: Owners living accommodation (lounge, 3/4 bedrooms, bathroom) Self contained three bedroom flat (currently let producing £1,000 per calendar month plus £200 per month contribution to bills) External studio/bedroom with ensuite shower room.

Outside

Formal garden areas, extensive customer car park (approximately 0.3 acre)

Viewing

Open viewings can be arranged. Please call the Norwich office to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

North Norfolk District Council

Solicitors

Ward Gethin Archer, Ref: Tracy Guest, Tel: 01362 692182

Offered in association with

Fine and Country

Additional Fees

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

Administration Charge - 0.3% inc VAT of the purchase price, subject to a miniumum of £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.