Golden lion
Golden Lion Cornhill · Ipswich · IP1 1DB
LEASEHOLD AVAILABLE IN TOWN CENTRE LOCATION
Golden Lion Cornhill · Ipswich · IP1 1DB
• Leasehold • Current rent £100,000 per annum • Central Ipswich location adjacent to Town Hall and Corn Exchange • Close to occupiers including Debenhams, Natwest and Lloyds • Substantial trading accommodation • High standard of fit out • External terrace • Property now closed • Incentives Available – Subject to status
Location Ipswich is a popular and densely populated town in Suffolk, England, located on the estuary of the River Orwell 15 miles north west of Felixstowe and 19 miles north east of Colchester. The property is located in the heart of the town centre off of Cornhill and immediately adjacent to the Town Hall and Corn Exchange Theatre. Local occupiers include Debenhams, Lloyds, Natwest and Barclays.
Description & Accommodation Substantial building which was originally built as a hotel providing accommodation on basement, ground and first floor levels. Externally there is a beer terrace area. Ground floor: Central Bar servery along with a variety of seating areas for circa 124 covers. Customer WC’s and a catering kitchen are located at this level. Basement: Cellar and stores. First Floor: Managers flat which is not currently in use.
Golden Lion Cornhill · Ipswich · IP1 1DB
Approximate Floor Areas Floor Ground Basement
Description
Sq.m
Sq.ft
Ancillary
412
4,437
Trading and Ancillary
51
545
436
4,982
Total
Purchasers are advised to check these areas which are indicative only and show best estimates under the current configuration.
Tenure Let on a full repairing and insuring lease expiring on 29 April 2033 at a current rent of £100,000 per annum subject to upwards only rent review on 30 April 2018 and five yearly thereafter.
Rateable Value & EPC 2017 Rateable Value – £86,500 EPC in the course of preparation
Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1am SundayThursday and 1.30am Friday and Saturday.
Golden Lion Cornhill · Ipswich · IP1 1DB
Trading Information Historic trading information may be made available to interested parties upon written request.
Fixtures and Fittings & Stock Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.
Toby Hall T: 020 7182 2259 M: 07785 253055 [email protected]
Kevin Norman T: 020 7182 8011 M: 07900 276390 [email protected]
Paul Breen T: 020 7877 4555 M: 07767 873353 [email protected]
Stuart Stares T: 020 7299 3088 M: 07807 999841 [email protected]
Viewings & Terms No formal viewings will be permitted unless arranged through the joint selling agents CBRE and Savills. The premises are available without premium and incentives are available, subject to status. To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit:
http://www.jdwdisposals.com
Disclaimer: April 2017 CBRE Limited and Savills on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of CBRE Limited or Savills plc has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all prices and rents are quoted exclusive of VAT.
LEASEHOLD AVAILABLE IN TOWN CENTRE LOCATION
Golden Lion Cornhill · Ipswich · IP1 1DB
• Leasehold • Current rent £100,000 per annum • Central Ipswich location adjacent to Town Hall and Corn Exchange • Close to occupiers including Debenhams, Natwest and Lloyds • Substantial trading accommodation • High standard of fit out • External terrace • Property now closed • Incentives Available – Subject to status
Location Ipswich is a popular and densely populated town in Suffolk, England, located on the estuary of the River Orwell 15 miles north west of Felixstowe and 19 miles north east of Colchester. The property is located in the heart of the town centre off of Cornhill and immediately adjacent to the Town Hall and Corn Exchange Theatre. Local occupiers include Debenhams, Lloyds, Natwest and Barclays.
Description & Accommodation Substantial building which was originally built as a hotel providing accommodation on basement, ground and first floor levels. Externally there is a beer terrace area. Ground floor: Central Bar servery along with a variety of seating areas for circa 124 covers. Customer WC’s and a catering kitchen are located at this level. Basement: Cellar and stores. First Floor: Managers flat which is not currently in use.
Golden Lion Cornhill · Ipswich · IP1 1DB
Approximate Floor Areas Floor Ground Basement
Description
Sq.m
Sq.ft
Ancillary
412
4,437
Trading and Ancillary
51
545
436
4,982
Total
Purchasers are advised to check these areas which are indicative only and show best estimates under the current configuration.
Tenure Let on a full repairing and insuring lease expiring on 29 April 2033 at a current rent of £100,000 per annum subject to upwards only rent review on 30 April 2018 and five yearly thereafter.
Rateable Value & EPC 2017 Rateable Value – £86,500 EPC in the course of preparation
Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1am SundayThursday and 1.30am Friday and Saturday.
Golden Lion Cornhill · Ipswich · IP1 1DB
Trading Information Historic trading information may be made available to interested parties upon written request.
Fixtures and Fittings & Stock Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.
Toby Hall T: 020 7182 2259 M: 07785 253055 [email protected]
Kevin Norman T: 020 7182 8011 M: 07900 276390 [email protected]
Paul Breen T: 020 7877 4555 M: 07767 873353 [email protected]
Stuart Stares T: 020 7299 3088 M: 07807 999841 [email protected]
Viewings & Terms No formal viewings will be permitted unless arranged through the joint selling agents CBRE and Savills. The premises are available without premium and incentives are available, subject to status. To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit:
http://www.jdwdisposals.com
Disclaimer: April 2017 CBRE Limited and Savills on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of CBRE Limited or Savills plc has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all prices and rents are quoted exclusive of VAT.
