Recently refurbished and extended freehouse on substantial 2+acre site close to Woodbridge

  • Freehold Price: £650,000
Woodbridge, Suffolk, England
Under Offer

Recently refurbished and extended freehouse on substantial 2+acre site close to Woodbridge

Woodbridge, Suffolk, England
  • Freehold Price: £650,000

Description

Key Points:
Substantial site near Woodbridge
Site area 2 acres +
Recently refurbished and extended
Bar, restaurant trade areas (c 80 covers)
Patio and trade gardens (c 100 covers)
Dedicated parking – 40+ spaces
Planning permission to build 8 letting rooms
Recently closed

Property:
The Turks Head is an attractive two-storey brick built detached property comprehensively renovated in recent years. The property is currently closed but had previously been trading at a high levels as a destination food led freehouse, presented in excellent condition.

The traditional ground floor comprises 3 interconnecting trade areas which are catered for via a wooden bar servery. These trade areas cater to c. 60 covers.

A commercial kitchen, which will benefit from commercial extraction and appliances, is present at ground floor level. There is a ground floor cellar behind the bar with the drop from the East side of the property. Male, female and disabled WCs are also present.

The first floor accommodation provides 1 double bedroom, 1 single bedroom, office, lounge and bathroom.

Externally there is an extremely large trade garden incorporating patio area and petanque piste. A smoking shelter is positioned to the rear of the building with fireplace.

In addition there is a large barn which is currently used for storage and houses part of the wood pellet heating system. A car park to the Eastern side of the site provides space for 30 vehicles.

(NB- all photos are taken prior to closure)

Measurements:
The ground floor footprint, excluding the outbuilding, comprises approximately 230m² (2,475 ft2). The site area comprises 2.1 acres (approx) in total.

Planning:
We are advised that the property is Grade II Listed but is not situated within a Conservation Area. We are also advised that there are no TPOs present.

Planning permission granted on 4th Feb 2021 (DC/20/4869/DRC) for 8 letting rooms to rear of car park.

The local authority is East Suffolk Council

Tenure:
Freehold offers are invited IRO £650,000, subject to vacant possession and contract only.

The Business:
The business has recently closed. It was previously owned by an independent owner operator with net sales of c £650,000 pax. With the addition of 8 letting rooms projected turnover is forecast to be c £1M, following reopening.

Rates & Charges
Current rateable value as of 1st April 2023 is £35,000.

Location Details:
The Turks Head is a detached property in the attractive village of Hasketon, located 2 miles NW of Woodbridge. It is located within a short drive to Suffolk Heritage Coast The Turks Head is unopposed within the active rural village of Hasketon. There are limited other services available in the village.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

Compare listings

Compare
Send Enquiry