Restaurants in Thorpe St Andrew available to rent
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Restaurant to Rent in Thorpe St Andrew

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Restaurants to rent within 5 miles of Thorpe St Andrew

More details for 15 Castle Meadow, Norwich - Retail to Rent

15 Castle Meadow

Norwich, NR2 1LD

  • Retail to Let
  • £65,000 pa
  • 1,355 sq ft
  • Air Conditioning
  • Security System
  • Kitchen
  • Display Window

Norwich Retail to Rent

The property comprises a brick building providing retail accommodation arranged over basement, ground and upper floors. The property is situated on London Street, a busy retail thoroughfare, with a second frontage onto Castle Meadow. The property is adjacent to Boots, both on London Street and Castle Meadow and Alex Jewellers on London Street and ATF Hair on Castle Meadow. Other national multiple occupiers in the vicinity include Cosy Club, Winsor Bishop, Bravissimo and The Ivy.

Contact:

Francis Darrah Surveyors Ltd

Date on Market:

10/02/2023
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LoopNet UK Norfolk Norwich Restaurants To Rent in Thorpe St Andrew, Norwich, UK

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Frequently Asked Questions About Renting A Restaurant in Thorpe St Andrew

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in Thorpe St Andrew?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in Thorpe St Andrew?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Thorpe St Andrew on LoopNet

Thorpe St Andrew (Norwich) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Thorpe St Andrew (Norwich) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Norwich £36 1,355 sq ft
Ditchingham £7 3,847 sq ft
Great Yarmouth £7 1,647 sq ft
Wymondham £2 8,839 sq ft
Beccles £8 3,336 sq ft

Rent Analysis for Thorpe St Andrew (Norwich) Area

Compare rental rates per square foot across cities near Thorpe St Andrew (Norwich). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Norwich £36 £36 £36
Ditchingham £7 £7 £7
Great Yarmouth £7 £7 £7
Wymondham £2 £2 £2
Beccles £4 £8 £11

Available Restaurant Sizes Near Thorpe St Andrew (Norwich)

Overview of Restaurant sizes currently available in the Thorpe St Andrew (Norwich) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Norwich 1,355 sq ft 1,355 sq ft 1,355 sq ft
Ditchingham 3,847 sq ft 3,847 sq ft 3,847 sq ft
Great Yarmouth 1,292 sq ft 1,647 sq ft 2,002 sq ft
Wymondham 8,839 sq ft 8,839 sq ft 8,839 sq ft
Beccles 2,000 sq ft 3,336 sq ft 4,672 sq ft

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