Restaurants in South Norfolk available for sale
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Restaurant for Sale near South Norfolk, Diss

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Restaurants for Sale Within 10 miles of the South Norfolk, Diss

More details for 68-70 St Benedicts St, Norwich - Retail for Sale

68-70 St Benedicts St

Norwich, NR2 4AR

  • Retail for Sale
  • £375,000
  • 3,165 sq ft

Norwich Retail for Sale

The property comprises a two/three storey building which is brick built with pitched and tiled roofs. The upper floors are occupied by two flats. On the ground floor is the Tallow steak restaurant, which occupies the frontage of both 68 to 70 with kitchens and store rooms to the rear. Flat 1 is held by way of a long lease of 125 years from 27th October 2011 at a ground rent of £50 per annum to be paid on 1st July each year. The flat is also responsible for 20% of Service Obligations. Flat 2 is held by way of a long lease for 125 years we believe from 3rd December 2012 at a ground rent of £50 per annum to be paid on 1st January each year. Flat 2 is responsible for 30% of the service obligations. The restaurant, Tallow, is let by way of 10-year lease from October 2024 to expire in October 2034. There is a tenant’s option to break in October 2029, requiring three months notice. The tenant is GC and NC Enterprises, a new company, although the lease is guaranteed. The rent is £30,000 per annum and there is an upwards only rent review after five years to the open market value. Use is for restaurant and bar within Class E (a) of the Town and Country Planning Use Classes Order 1987. The landlord insures and recovers from the tenant. The lease is outside the security of tenure provisions of the Landlord and Tenant Act. It is full repairing and insuring and the lease allows for assigning or subletting of the whole only.

Contact:

Brown & Co

Property Subtype:

Restaurant

Date on Market:

04/03/2026

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FAQs about Restaurants For Sale in South Norfolk

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How many Restaurant listings are available for sale in South Norfolk?
There are currently 1 Restaurants available for sale near South Norfolk. These South Norfolk Restaurant listings have an average size of 6,251 sq ft. The largest available listing in South Norfolk is 6,251 sq ft. The thriving commercial centre and excellent transport links in South Norfolk make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in South Norfolk?
The average price/SF for Restaurant for sale in South Norfolk is about £51. The cost per sq ft for Restaurant in South Norfolk ranges from £51 to £51, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in South Norfolk?
Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £51 to £51 per square foot.
What is the largest Restaurant available for sale in South Norfolk?
Currently, the largest Restaurant available to buy is 6,251 sq ft and the smallest is 6,251 sq ft. The average size of Restaurant available for sale in South Norfolk is approximately 6,251 sq ft.

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