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