Freehold, Blue-Chip Public House Investment on a Large Plot
The property is arranged on cellar, ground and one upper floor to provide a large public house with ca. 85 covers together with manager’s accommodation and potential letting bedrooms over
It has been recently refurbished and is in excellent condition
To the front is customer parking for ca. 40 vehicles, while to the rear are extensive gardens which accommodate 140 external covers as well as 28 covers on a covered terrace
The site extends to 0.572 hectares (1.413 acres)
Location Description
Ipswich, the county town of Suffolk, is situated on the River Orwell
It is 90 miles north-east of London at the junction of the A12 and A14 trunk roads and serves a population of some 133,000.
The road communications are supplemented by rail links to London and East Anglia, whilst the busy port facilities at both Felixstowe and Harwich are close by.
The property is located in a popular suburb to the east of the town centre on Foxhall Road, close to Ipswich Golf Club.
Additional Notes
The entire property is let on a new 15 year (no breaks) full repairing and insuring lease from 30 July 2018 to Greene King Brewing & Retailing Ltd, at a commencing rent of £80,000 per annum, with 5 yearly open market rent reviews.