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Heron The Causeway 3,902 sq ft Retail Property Kings Lynn PE34 3PP £600,000 (£153.77/sq ft)

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INVESTMENT HIGHLIGHTS

  • 80 external covers with views across the river
  • Popular food led destination business
  • Beautiful and Tranquil Riverside Location

EXECUTIVE SUMMARY

Freehold offers are sought in excess of £600,000 (excluding VAT), inclusive of comprehensive trade inventory, IP & goodwill.
The Heron underwent a complete restoration and refurbishment, making it fit for the modern era. Great attention has gone into the detailing, from the Heron wallpaper to the usage of natural materials to include flagstone flooring, an oak bar, and wooden beams in the light and airy new restaurant space. The trade areas consist of a main bar (26), with snug area (12). Main restaurant and function room with bar servery (65) with side conservatory and access to garden and decking area. Ladies and Gents facilities. Extensive trade kitchen with separate prep area and wash up space. Fully equipped ground floor cellar.
First floor consists of 2 double en-suite letting rooms. Also self contained 2 double bedroom private accommodation with kitchen, bathroom and access to roof garden.
External areas comprise of paved refuse and storage area, with purpose built dry store. The current owners have extended the external seating areas to now include a decked area overlooking the Great River Ouse with a well maintained grassed area (80). Pontoon (area owned by Environmental Agency) with 12 mooring points. There is an extensive field (c0.8 acres) adjacent to the property currently used by those visiting in caravans with 6 hook up points. This area could be considered for further letting accommodation subject to suitable planning. Large car park for c30 cars.

ATTACHMENTS

The Heron

PROPERTY FACTS Sale Pending

Sale Type
Investment or Owner Occupier
Sale Condition
Furniture, Fixtures and Equipment Included
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
3,902 sq ft
Costar Property Class
B
Year Built
1896
Price
£600,000
Price per sq ft
£153.77
Tenancy
Single
Number of Floors
2
Plot ratio
0.07
Total Plot Size
1.20 ac
Parking
30 Spaces (7.69 Spaces per 1,000 sq ft Leased)
Frontage
44 ft on The Causeway

AMENITIES

  • Signage
  • EPC - E
  • Listing ID: 29407453

  • Date on Market: 31/08/2023

  • Last Updated:

  • Address: The Causeway, Kings Lynn PE34 3PP

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