Restaurant and Accommodation for Auction Norwich NR7
A rare opportunity to acquire a long-established freehold restaurant investment that has traded successfully for over 40 years, building a strong local reputation. The property comprises a 54-cover restaurant with bar, customer WCs and commercial kitchen on the ground floor, with a three-bedroom owner’s flat on the first floor. This a sale and leaseback arrangement with a passing rent of £42,000 per annum, offering an attractive double-digit yield.
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