Property photos
Just added
£575,000
Property for sale
Norwich, Norfolk NR1Local area information
Property location
Nearby amenities
- Charles Darwin Primary School 0 miles
- Norwich 0.1 miles
- Norwich School 0.2 miles
- Brundall Gardens 4.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Norwich to find out more about the local area.
Features and description
Confidential sale: Freehold city centre development opportunity - norwich, norfolk
This confidential sale represents an exciting opportunity to acquire a freehold city centre property in a prime trading area comprising an established licensed premises on ground and basement levels with 2 upper floors to be converted with the benefit of consent for residential accommodation. The business currently focuses on wet-trade only and benefits from a late licence, offering scope for an experienced operator to build on an existing base with the upper floors providing space for expansion of the business if not converted for residential. The property could equally appeal to a commercial investor who may look to maximise value by carrying out the conversion works and seek either new long term tenants or a resale of the property.
⸻
business:
The business trades primarily Wednesday to Sunday 4:00pm onwards, presenting significant potential for expansion under new ownership. It currently specialises in wet-led trade, with the opportunity to broaden the offering if desired. The licence permits operation until 2:00 a.m., though the business typically closes at midnight. This flexible arrangement makes it well suited for development as a bar, lounge, or hybrid hospitality venue. The surrounding area supports a consistent level of local and visitor trade, with strong potential to extend hours or introduce additional services. Whilst the business is being offered as a going concern together with the freehold property the vendor may be willing to consider alternative options for interested parties who do not wish to take over the business.
⸻
premises:
The premises provide approximately 1,180 sq. Ft. Of well-configured ground floor trading space, fitted with a fully equipped bar and lounge area together with a basement level bar suitable for hosting private events. The upper floors are suitable for either commercial adaptation for expansion of the business with a possible manager’s flat, subject to configuration and access adjustments. Alternatively a new owner could look to implement the recently granted planning consent for 2 No. Self-contained apartments, with copies of the consent and plans available for inspection upon request.
⸻
key information:
agents note: This is a business for sale as a going concern, not an empty premises for sale or let.
Confidential sale: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.
Reference number: INV36467E.
Opening hours: Currently open Wednesday to Sunday from 4:00pm. Licensed until 2:00 A.M, but typically closes around midnight.
Tenure: Freehold.
Rates payable: £6,886 per annum.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Staff: 2 full-time and 4 part-time members of staff. Correct at the time of listing.
EPC: The Energy Performance Certificate for the property shows a ‘tbc’ Rating and a score of ‘tbc’.
Price: £575,000 plus stock at valuation.
Comprising the freehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern to be acquired with the property however this is open to discussion should a buyer not wish to take the business on.
Viewing: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
Finance: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.
Business to sell: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.
Premier marketing: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.
⸻
disclaimer:
1. Money laundering regulations: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.
2. Particulars: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.
3. Measurements: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.
4. Services: Please note we have not tested the services or any of the equipment or appliances.
This confidential sale represents an exciting opportunity to acquire a freehold city centre property in a prime trading area comprising an established licensed premises on ground and basement levels with 2 upper floors to be converted with the benefit of consent for residential accommodation. The business currently focuses on wet-trade only and benefits from a late licence, offering scope for an experienced operator to build on an existing base with the upper floors providing space for expansion of the business if not converted for residential. The property could equally appeal to a commercial investor who may look to maximise value by carrying out the conversion works and seek either new long term tenants or a resale of the property.
⸻
business:
The business trades primarily Wednesday to Sunday 4:00pm onwards, presenting significant potential for expansion under new ownership. It currently specialises in wet-led trade, with the opportunity to broaden the offering if desired. The licence permits operation until 2:00 a.m., though the business typically closes at midnight. This flexible arrangement makes it well suited for development as a bar, lounge, or hybrid hospitality venue. The surrounding area supports a consistent level of local and visitor trade, with strong potential to extend hours or introduce additional services. Whilst the business is being offered as a going concern together with the freehold property the vendor may be willing to consider alternative options for interested parties who do not wish to take over the business.
⸻
premises:
The premises provide approximately 1,180 sq. Ft. Of well-configured ground floor trading space, fitted with a fully equipped bar and lounge area together with a basement level bar suitable for hosting private events. The upper floors are suitable for either commercial adaptation for expansion of the business with a possible manager’s flat, subject to configuration and access adjustments. Alternatively a new owner could look to implement the recently granted planning consent for 2 No. Self-contained apartments, with copies of the consent and plans available for inspection upon request.
⸻
key information:
agents note: This is a business for sale as a going concern, not an empty premises for sale or let.
Confidential sale: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.
Reference number: INV36467E.
Opening hours: Currently open Wednesday to Sunday from 4:00pm. Licensed until 2:00 A.M, but typically closes around midnight.
Tenure: Freehold.
Rates payable: £6,886 per annum.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Staff: 2 full-time and 4 part-time members of staff. Correct at the time of listing.
EPC: The Energy Performance Certificate for the property shows a ‘tbc’ Rating and a score of ‘tbc’.
Price: £575,000 plus stock at valuation.
Comprising the freehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern to be acquired with the property however this is open to discussion should a buyer not wish to take the business on.
Viewing: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.
Finance: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.
Business to sell: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.
Premier marketing: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.
⸻
disclaimer:
1. Money laundering regulations: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.
2. Particulars: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.
3. Measurements: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.
4. Services: Please note we have not tested the services or any of the equipment or appliances.
More information
Listed by
Everett Masson & Furby
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Everett Masson & Furby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information.