For Sale By Auction | 11:00 am, 13 September 2018 | Lot 20

16 Prince Of Wales Road, Norwich, Norfolk, NR1 1LB

*Guide | £275,000 - £325,000 (plus fees)

  • Bar
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Thu 13/09/2018

Auction Time

11:00 am

Auction Venue

Unknown

Viewing Times:

Tue 21 Aug

11:15 am - 11:45 am

Tue 28 Aug

11:15 am - 11:45 am

Tue 4 Sep

11:15 am - 11:45 am

Vacant four storey city centre nightclub

Vacant city centre nightclub extending to 274sq/m (2,948 sq/ft) This freehold nightclub is spread over four floors and is located at the top end of Prince of Wales Road, close to the centre of Norwich City. The building was recently refurbished and is luxuriously appointed both inside and out and last traded as 'Vanity'. It has a licence for trading until 3am except Sundays, which is midnight. The building lends itself to a range of potential uses subject to the necessary consents. According to the Valuation Office website, the property has an area of 273.87sq/m and a rateable value of £27,750 with effect from 1st April 2017. Viewing is highly recommended and this will be of interest to investors looking to acquire a prestigious venue which having been refurbished is ready to operate immediately.

Tenure

Freehold

Description

Lower Ground Floor

Dance floor, beer store.

Ground Floor

Bar, male, female and disabled toilets, utility room.

First Floor

Bar.

Second Floor

Bar, male and female toilets.

Outside

Access to rear flat roof overlooking the Norfolk Club, front ground floor terrace area.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating G

Services

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

Local Authority

Norwich City Council. Tel: 0344 980 3333

Solicitors

Ashton Bond Gigg Solicitors, Pearl Assurance House, Friar Lane, Nottingham NG1 6BX, Ref: Lucy Wareham, Tel: 0115 9476651

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% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.