Property to rent
Property description & features
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
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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