Commercial property for sale in Norwich, Norfolk NR3

We are delighted to present a rare freehold opportunity to acquire New Welcome Chinese Takeaway, a long-established takeaway business located on a prominent corner terrace plot in Bull Close Road, Norwich. This property is ideally situated within easy walking distance of the city centre and offers excellent visibility and accessibility, making it an exceptional investment opportunity.

The business

New Welcome Chinese Takeaway has a rich history of serving the local community with delicious Chinese cuisine. Trading ceased following the unfortunate passing of a family member, presenting a unique opportunity for new ownership. This versatile property could appeal to a wide range of buyers, including business owners, investors, builders, first-time buyers, and letting agents. The premises offer the potential for various uses, subject to any necessary planning permissions for change of use.

Premises

The property occupies a prominent corner terrace plot, making it easy to see and find for potential customers. It is conveniently located near the Norwich inner ring road and is within close proximity to the city centre. Customer parking is available for up to 30 minutes, with resident permit parking also available. The premises have already undergone some refurbishment, which provides the new owner the opportunity to complete the renovation in their own style. This flexibility allows for a tailored approach to the business’s future operations or potential residential use.

Accommodation

Included with the property is living accommodation, adding significant value and convenience for the new owner. The accommodation is ideal for those looking to reside close to their business or can be utilised as an additional income stream through rental opportunities. This feature enhances the attractiveness of the property for a variety of potential buyers, including investors and those looking for a combined business and residential space.

Key features

• Long-established Chinese Takeaway
• Trading stopped due to the death of a family member
• Very rare freehold opportunity with accommodation included
• Corner terrace plot, easy to see and find
• Close to and within easy walking distance of the city centre
• Very close to Norwich inner ring road
• Customer parking for 30 minutes and resident permit parking
• Refurbishment started, which can be finished in your own style
• Suitable for business, residential, investor, builder, first-time buyer, or letting agent
• Attractively priced to expedite a quick, no-nonsense sale

additional information

agents note: This is not a business for sale as a going concern.

Confidential information: As this business is not currently trading, there is no further information to provide, such as accounts and VAT returns.

Reference number: CF35967E.

Opening hours: Business currently closed.

Tenure: Freehold.

Rent payable: Not applicable - Freehold.

Rates payable: Nil. We are advised that the business benefits from Small Business Rate Relief.

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: Nil.

EPC: The Energy Performance Certificate shows a rating of ‘85/D’. Full Energy Performance Certificate available on request.

Price: £228,000.

For the benefit of the freehold interest, fixtures, fittings and equipment. This is not a business for sale as a going concern. No stock to pay in addition on completion of the sale.

Viewing: Strictly by appointment only, please get in touch to make an appointment.

Finance: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

Business to sell: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

Premier marketing: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.



disclaimer

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.