• OPEN VIEWING MONDAY 18TH DEC 11AM-12PM
• Extensive Detached 3 Storey Property
• Ipswich Town Centre Location
• Total GIA: 11,172 sq ft
• Large Open Plan Main Bar (100)
• Stairs to 1st Floor Bar Area (85)
• Large Trade Kitchen Space
• New Free of Tie Lease Available
• Freehold Available – ‘Offers Invited’
• TAKE A VIRTUAL TOUR

Property
Layout across ground floor, 1st floor and 2nd floor. All equipment has been stripped and the property is in a shell state.
Main front entrance off Tower Street. 2nd main entrance off Tower Ramparts. Ground floor large open plan bar area with long servery. Access to disabled toilets. Area can comfortably seat c100 covers. Access to ground floor satellite kitchen with 2 x dumb waiters and prep/wash up area. Ground floor cellar with street access. Fire escape entrance. Large internal customer staircase to 1st floor bar with large servery and seating for c85 covers. Ladies and gents WCs. Access to staff area. Hidden Staff stair access to Ground, 1st and 2nd floors.

2nd floor – office, staff kitchen, staff room with 2x WC, staff locker room, storage room with walk in fridge (still in situ) Main trade kitchen with extraction, access to plant room. Stair access to loft area.

Measurements
Site Area 0.106 acres

Three storey public house
Approximate gross internal floor areas:
Ground Floor: 3,903 sq ft (362.59 sq m)
First Floor: 3,663 sq ft (340.53 sq m)
Second Floor: 3,606 sq ft (335.03 sq m)
Total GIA: 11,172 sq ft (1,038.15 sq m)

Floor Plans available upon request.

*All measurements are approximate and taken from digital mapping

Planning
The property is not listed and is situated within the Ipswich Conservation Area.

Tenure
Offering a new ‘free of tie’ lease with term to be agreed. The in-going rent is £65,000 (exc VAT). A business plan, 3 year profit & loss projection and guarantor (depending on operator covenant strength) will need to be secured with Everard Cole. Three month rent deposit. Start up rental concessions may be available dependent on business plan, funding level and trade experience.

Freehold sale may be considered on an ‘Offers Invited’ basis.

Premium
Nil Premium.

Fixtures & Fittings
The property is a shell unit with some fixed furniture, walk in fridge and extraction unit in situ, which will be made available to an incoming tenant at no cost.

The Business
The business previously traded as a Yates Wine Bar and closed on 2nd September 2023. There is no access to previous trading figures.

Rates & Charges
Rateable Value of £83,000 from 1st April 2023.