Tue, 14 Jun 2011 | BUSINESS SALE
Two famous Norwich buildings are to be sold at auction later this month.
Samson and Hercules House in Tombland, opposite Norwich's cathedral gates, is to be sold by local chartered surveyors Arnolds, along with Old Bank of England Court, in Queen Street.
Samson and Hercules House was originally built in 1657 by the Mayor of Norwich Christopher Jay. It operated as a ballroom during the 1950s before becoming Ritzy's nightclub, after which it was renamed Ikon and then the Fifth Avenue nightclub.
The 3,700 sq. ft. commercial premises has planning permission for a restaurant or cafe to be built in its ground floor and basement. It could also be used as commercial offices.
The upper floors of the commercial property have already been converted into residential accommodation, with its main entrance flanked by Norwich's famed statues of Samson and Hercules. The building has a guide price of between £150,000 and £175,000.
The other commercial property to be sold is Norwich's most historic office building, Old Bank of England Court. The 3,480 sq. ft. of office space stretches over three floors and a basement, and has been occupied for over 50 years by property and business consultants Brown & Co. The office building has a guide price of between £225,000 and £245,000.
Craig Knights, Arnolds' auction manager, told the Norwich Evening News, “These are two landmark buildings in Norwich. Samson & Hercules House has to be one of the most recognisable properties in the city, and the successful bidder will become proud owners of the two famous statues either side of the impressive entrance."
“Old Bank of England Court is a historic office building in a lovely, quiet setting in the heart of the city’s professional district, offering a rare freehold opportunity combined with a rich heritage. We expect bidding to be brisk for both of these landmark properties,” he added.
The sale of the two properties will take place at The Maids Head Hotel in Tombland, Norwich, on 24 June.
This is a long-standing facility which has proven to be highly valued in the area, recognised as a premium provider of care. There is a great spectrum of demographics in the area suited to the Home Instead franchise model, with a high proportion of a...
LEASEHOLD
There is huge potential for this facility, the new owner will find an enthusiastic team of very capable individuals who are eager to continue developing the business.
LEASEHOLD
In a fantastic and popular area with a high demographic of over 65’s, there are many opportunities for further growth building on the solid foundations already in place.
LEASEHOLD
05
|
Feb
|
My Property Box continues expansion with Bellwood & Harris acquisition | BUSINESS SALE
Estate and lettings agency My Property Box has hailed a ...
04
|
Feb
|
Castlet Holdings engineers move to employee ownership | BUSINESS SALE
Lincoln industrial engineering firm Castlet Holdings has tra...
04
|
Feb
|
Modon Holding buys F1 and Wimbledon events firm | BUSINESS SALE
Abu Dhabi group Modon Holding has bought the Cambridgeshire-...
05
|
Feb
|
My Property Box continues expansion with Bellwood & Harris acquisition | BUSINESS SALE
Estate and lettings agency My Property Box has hailed a ...
04
|
Feb
|
Marketing firm The Frameworks chooses employee ownership | BUSINESS SALE
B2B marketing consultancy The Frameworks has transitioned in...
04
|
Feb
|
UK administrations update: January 28 – February 4 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.