Sold Prior | Lot 11

The Olive Branch, Market Street, Tunstead, Norfolk, NR12 8AH

Sold Prior

  • Pub
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 15/02/2017

Auction Time

11:00 am

Auction Venue

The Sunningdale Suite, Dunston Hall Hotel, Ipswich Road, Norwich, NR14 8PQ

Viewing Times:

Thu 26 Jan

10:15 am - 11:00 am

Thu 2 Feb

10:15 am - 11:00 am

Thu 9 Feb

10:15 am - 11:00 am

Former restaurant / café set in 0.43 acre site with redevelopment potential

Vacant public house with attached cottage extending to 3,171 sq/ft This lot comprises three adjoining buildings, most recently occupied as The Olive Branch Restaurant and Café and before that, the Horse and Groom public house. The main building is arranged over two storeys with a thatched roof with a ground floor restaurant and bar and a first floor flat, which could be self contained. Adjoining the main building is a former barn which accommodates a bar and kitchen. Adjoining the other side is a single storey, one bedroom cottage. The property is situated around ten miles north of Norwich, in an attractive semi-rural location. It occupies a site of 0.43 of an acre and offers redevelopment potential, subject to the necessary consents. According to the valuation office website the property is described as restaurant and premises, has an area of 273.4 sq/m and a rateable value of £16,000. The 2017 draft rateable value is £19,750.

Tenure

Freehold

Description

Public House

Ground Floor: Restaurant/café for around sixty covers, kitchen, bar, customer toilets (178.21 sq/m) First Floor Two Bedroom Flat: Landing, two bedrooms, kitchen/sitting room, bathroom (60.94 sq/m)

Cottage

Kitchen/sitting room, bedroom, shower room and w.c. (46.49 sq/m).

Outside

Externally there is a good sized car park to the front and side of the property and a rear garden/yard area.

Planning

Full planning permission was granted by North Norfolk District Council on the 6th October 2011 to raise the height of a section of roof to provide first floor bed and breakfast accommodation and erection of a single storey rear extension. Application number PF/11/0860. A material start has been made to ensure that the consent has not lapsed. Full details, including plans, can be found on the public access website of North Norfolk District Council, www.north-norfolk.gov.uk/planning.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating D, F

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. Tel: 01263 513811

Solicitors

Dentons LLP, Iveco House, Station Road, Watford WD18 1AF, Ref: Bill Ramsey, Tel: (01923) 215071

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ 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.