No longer on the market
This property is no longer on the market
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Property
Letting details
- Available now
- Unfurnished
Features and description
RESTAURANT/BAR ESTABLISHED CLASS E (RESTAURANT) USE
A rare opportunity to acquire a ten year lease (subject to terms) for this iconic restaurant/bar formerly known as K Bar, superbly located within a prime position in the heart of the Historic Saints quarter of Ipswich Town centre and within striking distance of the vibrant Waterfront.
The full appointment of this character-full two storey listed building briefly comprises; kitchen, bar area, main bar, side bar, toilet, stores and cold room on the ground floor with two restaurant areas and three toilets on the first floor, complimented by an alfresco style courtyard garden to accommodate further dining. In the agent’s opinion this offers an ideal business opportunity from an established and previously successful premise and as such, early private viewing is highly advised.
ACCOMMODATION
Internal 180 sq m approx.
Exterior 90 sq m approx.
GROUND FLOOR
KITCHEN
35.76 sq m approx.
MAIN BAR
42.77 sq m approx.
SIDE BAR
22.21 sq m approx.
TOILET
FIRST FLOOR
RESTAURANT AREA
50.3 sq m approx.
LOBBY
5.9 sq m approx.
TOILETS
COURTYARD GARDEN
90 sq m approx.
LEASE TERMS
A full repairing and insuring lease for a term of 10 years at a passing rent of £50,000 per annum exclusive of business rates, VAT and all other outgoings. Review in year 3 and break in year 7.
BUSINESS RATES
Current rateable value £27,000
April 2023 rateable value £24,250
LEGAL COSTS
Each party to bear their own legal costs.
Energy Performance Certificate
The property has an EPC rating of C
A copy of the certificate is available on request
PLEASE CONFIRM DEPOSIT AMOUNT WITH AGENT
Contact number:[use Contact Agent Button]
125 Dale Hall Lane, Ipswich IP1 4LS
[use Contact Agent Button]
VIEWING STRICTLY BY APPOINTMENT ONLY
A rare opportunity to acquire a ten year lease (subject to terms) for this iconic restaurant/bar formerly known as K Bar, superbly located within a prime position in the heart of the Historic Saints quarter of Ipswich Town centre and within striking distance of the vibrant Waterfront.
The full appointment of this character-full two storey listed building briefly comprises; kitchen, bar area, main bar, side bar, toilet, stores and cold room on the ground floor with two restaurant areas and three toilets on the first floor, complimented by an alfresco style courtyard garden to accommodate further dining. In the agent’s opinion this offers an ideal business opportunity from an established and previously successful premise and as such, early private viewing is highly advised.
ACCOMMODATION
Internal 180 sq m approx.
Exterior 90 sq m approx.
GROUND FLOOR
KITCHEN
35.76 sq m approx.
MAIN BAR
42.77 sq m approx.
SIDE BAR
22.21 sq m approx.
TOILET
FIRST FLOOR
RESTAURANT AREA
50.3 sq m approx.
LOBBY
5.9 sq m approx.
TOILETS
COURTYARD GARDEN
90 sq m approx.
LEASE TERMS
A full repairing and insuring lease for a term of 10 years at a passing rent of £50,000 per annum exclusive of business rates, VAT and all other outgoings. Review in year 3 and break in year 7.
BUSINESS RATES
Current rateable value £27,000
April 2023 rateable value £24,250
LEGAL COSTS
Each party to bear their own legal costs.
Energy Performance Certificate
The property has an EPC rating of C
A copy of the certificate is available on request
PLEASE CONFIRM DEPOSIT AMOUNT WITH AGENT
Contact number:[use Contact Agent Button]
125 Dale Hall Lane, Ipswich IP1 4LS
[use Contact Agent Button]
VIEWING STRICTLY BY APPOINTMENT ONLY
About this agent
Your Advisors concentrates on finding and managing quality accommodation for you. • Viewings can be carried out during the daytime, evenings and at weekends.• Proud members of the Deposit Protection Service.• Digital photography records of property and garden condition, plus a written inventory.• Low initial administration fee.• Properties meet all current health and safety legislation.• Issues with properties are dealt with promptly and by our reliable maintenance team.