Guide price
£375,000
Restaurant for saleThailand Resturant, 9 Ring Road, Norwich, Norfolk NR7
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 17 Jun 2026 at 10:00
Venue: Livestream Auction
A long established Thai restaurant currently let with a passing rent £42,000 pa
A rare opportunity to acquire a long-established freehold restaurant investment. This highly regarded Thai restaurant was the first Thai restaurant in Norwich and 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.
Externally there is a customer car park, large garage with adjoining store and an enclosed private garden. The property is air conditioned with gas fired central heating.
This a sale and leaseback arrangement with a passing rent of £42,000 per annum, offering an attractive double-digit yield.
Ground Floor
54 cover restaurant with bar area, commercial kitchen, store room, ladies and gents toilets (110 sqm)
First Floor
Landing sitting room, three bedrooms, bathroom, separate wc, kitchen, study (110 sqm)
Outside
Customer carpark, fully fenced rear garden, brick garage and store, The property is located in a densely populated and popular residential area to the east of Norwich.
Tenancy
The property is let to The Thai Restaurant Trading Ltd on a 5 year lease (2 year Break) Passing rent £42,000.
Business Rates
Business rates £14,000 pa from 1st April 2026.
Council Tax Band (Flat)
A
EPC Rating: C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A long established Thai restaurant currently let with a passing rent £42,000 pa
A rare opportunity to acquire a long-established freehold restaurant investment. This highly regarded Thai restaurant was the first Thai restaurant in Norwich and 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.
Externally there is a customer car park, large garage with adjoining store and an enclosed private garden. The property is air conditioned with gas fired central heating.
This a sale and leaseback arrangement with a passing rent of £42,000 per annum, offering an attractive double-digit yield.
Ground Floor
54 cover restaurant with bar area, commercial kitchen, store room, ladies and gents toilets (110 sqm)
First Floor
Landing sitting room, three bedrooms, bathroom, separate wc, kitchen, study (110 sqm)
Outside
Customer carpark, fully fenced rear garden, brick garage and store, The property is located in a densely populated and popular residential area to the east of Norwich.
Tenancy
The property is let to The Thai Restaurant Trading Ltd on a 5 year lease (2 year Break) Passing rent £42,000.
Business Rates
Business rates £14,000 pa from 1st April 2026.
Council Tax Band (Flat)
A
EPC Rating: C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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Monthly repayment
£1,875 per month
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