For Sale By Auction | 09:30, 06 August 2025

30-32 Colegate, Norwich, Norfolk, NR3 1BG

*Guide | £170,000+ (plus fees)

  • Restaurant
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 06/08/2025

Auction Time

09:30

Auction Venue

Live Stream

An End of Terrace Building Arranged to Provide a Restaurant Let at £21,000 Per Annum

The property comprises an end of terrace building arranged over basement, ground and first floors.

Tenure

Freehold

By Order of the LPA Receivers

Location

The property is situated in Norwich Town Centre. Nearby multiples include M&S, Premier Inn & John Lewis. The open spaces of Mousehold Heath are within easy reach. Transport links are provided by Norwich rail station.

Accommodation

Basement Storage Area Ground Floor Restaurant Area First Floor Restaurant Area Total GIA Approximately 243 sqm / 2,615 sq ft

Tenancy

The property is subject to a 20 year lease from 17th October 2011 at a rent of £21,000 per annum. Rent reviews every 4 years. The receivers are not collecting any rent. Please refer to the legal pack for further information.

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

Services

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

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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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