Golf Hotel (Greene King), Ipswich

 

Golf Hotel, Foxhall Road, Rushmere Heath, Ipswich, Suffolk, IP4 5TR

Offers in excess of
N/A
Sold
Type - Commercial
Tenant type - Pub
  • Tenure: Freehold
  • Gross Rent: £80,000
  • Lease Term: 15 years from Jul '18
  • VAT applicable?: Y
  • Large site of 1.5 acres

Property Description

  • 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.

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