A portfolio of 34 public houses for sale
Transcription
A portfolio of 34 public houses for sale
A portfolio of 34 public houses for sale Contents Executive Summary 3 Property Schedule & Locations 4 Background to the Portfolio 5 Market Sector Overview 7 The Opportunity & Expressions of Interest 9 Further Information & Disclaimer 10 Individual Property Details 11 2 Executive Summary CBRE have been appointed by JD Wetherspoon plc to handle the sale of 34 public houses which have been identified for disposal and brought to the market for the first time in many years. The properties, which are being considered for sale either as a portfolio, in small packages or individually, are located in major town and city centre locations within England, Scotland and Wales. Highlights include: 27 freehold/long leasehold and 7 leasehold outlets Average net turnover per pub of £22,273 per week Excellent town and city centre locations on established A3/A4 circuits High volume outlets generating total net sales in excess of £38 million Landmark character buildings Large sites which have a very high standard of fit out 3 Strong food element representing 34% of turnover in 2014/15 Of interest to existing operators, new entrants, investors and developers Property Schedule & Locations REF 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 PUB NAME ADDRESS TOWN POSTCODE TENURE RENT PA EXPIRY Banker's Draft 115-117 High Street Bedford MK40 1NU Freehold Auctioneer 235-237 Lytham Road Blackpool FY1 6ET Freehold Sir Thomas Mildmay 77 French's Walk Chelmsford CM2 6QR Leasehold £130,000 18 Sep 2025 Forest House 1 Love Street Chester CH1 1QY Freehold Thomas Leaper 27 Iron Gate Derby DE1 3GL Leasehold £72,563 09 Jun 2039 Milson Rhodes 1d School Lane Didsbury M20 6RD Leasehold £88,125 07 Jul 2024 Old Angel Cleveland Street Doncaster DN1 3EF Freehold Capitol 7-9 Seagate Dundee DD1 2EG Heritable Picture Palace Lincoln Road Enfield EN3 4AQ Long Leasehold Peppercorn 12 Jun 2099 Society Room 151 West George Street Glasgow G2 2JJ Leasehold £218,025 06 Jan 2037 Water Poet 61-63 Eastgate Street Gloucester GL1 1PN Freehold Earl of Zetland Bo'Ness Road Grangemouth FK3 8AF Heritable Plough and Harrow 120-124 King Street Hammersmith W6 0QU Leasehold £169,500 23 Jun 2036 Red Lion 2 Derby Road Heanor DE75 7QG Freehold Zachariah Pearson 386 Beverley Road Hull HU5 1LN Freehold Lattice House Chapel Street King's Lynn PE30 1EG Long Leasehold £100 27 Jun 2107 Clydesdale Inn 15 Bloomgate Lanark ML11 9ET Heritable Lime Kiln 1 Fleet Street Liverpool L1 4AN Long Leasehold Peppercorn 31 Dec 3000 Twitchel Inn Howitt Street Long Eaton NG10 1ED Freehold Courthouse Marketplace Mansfield NG18 1HX Long Leasehold £6 21 Jun 2840 Secklow Hundred 316 Midsummer Boulevard Milton Keynes MK9 1EA Leasehold £90,000 24 Dec 2035 John Capel Hanbury 130-131 Osborne Road Pontypool NP4 6LT Long Leasehold Peppercorn 04 Feb 2102 Trafalgar Trafalgar House, Portsmouth PO1 1DE Freehold 16 Edinburgh Road Rocket Putney Wharf Tower, Putney SW15 2JQ Leasehold £150,500 17 Dec 2039 Brewhouse Lane Corn Law Rymer 35-37 High St Rotherham S60 1PT Freehold Swim Inn 217-231 Glossop Road Sheffield S10 2GW Long Leasehold £250 31 Dec 2110 Edward Rutland 77-78 High Street Stourbridge DY8 1DX Freehold Ye Old Crown Inn 9 Bridge St Stourport-onDY13 8XB Freehold Severn Proposed Pub & 43-51 King Street Stirling FK8 1DN Heritable Hotel Site Groves Company Inn 22-23 Fleet St Swindon SN1 1RQ Freehold Albany Palace 1 Park Rd Trowbridge BA14 0AT Freehold Dee Hotel 44 Grange Rd West Kirby CH48 4EF Freehold Bollin Fee 6-12 Swan St Wilmslow SK9 1HE Freehold Sir Timothy Shelley 49 Chapel Rd Worthing BN11 1EG Freehold - 4 8 29 10 12 17 2 32 15 6 18 33 4 26 5 25 7 20 14 19 16 27 28 22 2 21 11 1 3 30 13 31 23 34 9 24 Background to the Portfolio The portfolio consists of 34 properties all of which are situated in town or city centre locations. Of the 34 outlets, 27 (79%) are owned* either freehold or held on a long lease at a nominal rent with the remaining 7 outlets held on standard commercial leases with an average unexpired term of more than 18 years. JD Wetherspoon have always been renowned for the strong level of investment that they commit to their venues and this portfolio is typical of their broader estate with the pubs being very well presented and fitted to a high standard. The properties which trade under the JD Wetherspoon and Lloyds No.1 trading formats also tend to be some of the largest pubs in their towns with an average total GIA (Gross Internal Area) of approximately 8,900 sq ft and an average ground floor GIA of 4,850 sq ft. All of the properties have the benefit of a late licence and a number also benefit from external seating areas. The performance of the pubs has been particularly impressive with total sales increasing annually in each of the last five years to their current level in 2014/15 of £38.22 million, reflecting average net weekly sales of £22,273**. This compares favourably with the estates of a number of the other leading pub groups. OPERATOR Mitchells & Butlers (inc Orchid) NUMBER OF PUBS TURNOVER PER PUB AT YEAR END (WEEKLY NET) 1,775 £23,000 372 £20,000 1,060 £18,000 Spirit Pub Company (now part of Greene King) 774 £18,000 Stonegate Pub Co (excluding Maclay & TCG) 623 £17,000 Marston's Greene King (Managed) Source: Company statements, CBRE rounding *The vendor has exchanged unconditional contracts to acquire the properties in Doncaster and Rotherham but has not yet completed the purchases so the completion of these operational sales will need to be delayed until April 2016 **Based on the 33 operational sites at the time of sale 5 Background to the Portfolio Strong growth in food sales During the last five years there has been considerable growth in food sales in the estate which have increased by more than 40% and now represent more than one third of total turnover. With eating outside of the home expected to increase by a further 16% to £38.9 billion by 2019 (Source: Mintel), the properties are ideally positioned to benefit from this anticipated growth. The outlets have extensive kitchen facilities and particularly impressive food hygiene ratings with those properties in England and Wales which are given a Food Standard Agency rating averaging 4.9 out of 5. A number of the pubs feature in the CAMRA Good Beer Guide and benefit from the Cask Marque accreditation. TOTAL SALES AND FOOD SALES 2010-2015 £40,000,000 £35,000,000 £30,000,000 £25,000,000 £20,000,000 £15,000,000 £10,000,000 26% 27% 29% 32% 34% 2010/11 2011/12 2012/13 2013/14 2014/15 £5,000,000 £0 Source: JD Wetherspoon 6 Total Sales Food Sales Market Sector Overview The managed house sector continues to stimulate interest from a broad range of existing operators, investors and new entrants Whilst the number of pubs trading in the UK has declined in recent years to around 51,900 in 2014 (Source: BBPA) only a small proportion of those which have closed have been managed houses. Managed outlets have always generated the highest turnover and unit profit returns in the sector and have also been better placed to adapt to changing trends and new legislation which has increased the significance of being able to provide a strong food offer. The vast majority of new pubs that have opened in recent years have been large managed outlets with the likes of JD Wetherspoon, Greene King, Marston’s and Mitchells & Butlers leading the way in either building new pubs or converting other commercial buildings into large managed venues. Increased transactional activity Transactional activity in the managed sector has been restricted by the availability of stock in the market, although there have been several transactions of note in the last two years. Court House, Mansfield In May 2014 the Amber Taverns estate of 95 managed pubs located throughout the Midlands and the north of England were acquired by MxP Partners for £85 million (£894,000 per site). At the time their most recently published accounts were for the year ending February 2014 where their 93 pubs were generating average weekly sales of £8,000 per week (Source: Company Accounts/CBRE Estimate). These pubs, which don’t tend to offer food and are typically smaller than those operated by JD Wetherspoon, are all located in town centre positions. This was followed a month later by Mitchells and Butlers announcing their acquisition of 173 managed pubs from Orchid, of which 158 were held freehold or long leasehold, along with the head office, for £266 million (£1.53 million per site). At the time of acquisition the average weekly sales of these outlets was just over £15,000 per week (Source: Company Statement/CBRE Estimate). The company has since been investing across the estate converting the properties into their established brands. More recently in June 2015 Greene King completed the acquisition of the Spirit Pub Company for a total consideration of £774 million*** which added a further 1,227 properties to their estate creating a combined business of 3,100 pubs. As a result of this takeover Greene King were required to sell 16 outlets, 10 of which were managed outlets and were sold to Star Pubs & Bars, Marston’s and Hall & Woodhouse. Albany Palace, Trowbridge *** Based on Greene King shares at the time of initial offer 7 Market Sector Overview Stonegate Pub Company, the owner of the Slug & Lettuce, Yates and Missoula brands, have also been aggressively growing their estate of primarily town centre venues. Having completed the purchase of 78 former Bramwell outlets in November 2013, the company acquired the 15 strong Maclay portfolio in Scotland for £13.5 million (£1.11 million per site) in June 2015. This was followed in September 2015 by the acquisition of 53 managed house units from Tattershall Castle Group for an undisclosed sum. Strong investor sentiment The investment market has also seen an upturn in activity in the last two years as investors have shown an increasing appetite for the sector. Cerberus acquired two large portfolios of predominantly managed pubs let to the Spirit Pub Company (now part of Greene King) and Punch Taverns and managed operators including Stonegate and Marston’s have undertaken comprehensive sale and leaseback programmes. The strong investor sentiment towards the sector has led to a sharpening in yields as can be seen from the latest CBRE yield tracker. CBRE UK PUB YIELD TRACKER Q3 2015 Lime Kiln, Liverpool 14.00% 12.00% Yields 10.00% 8.00% 6.00% 4.00% 2.00% Prime London Corporate Pub Prime Regional Corporate Pub CBRE UK Monthly All Property Initial Yield Twitchel Inn, Long Eaton London Independent Pub Regional Independent Pub The increased activity in both the operational and investment markets underlines the strength of the pub sector at the current time. 8 Q3 2015 Q1 2015 Q3 2014 Q1 2014 Q3 2013 Q1 2013 Q3 2012 Q1 2012 Q3 2011 Q1 2011 Q3 2010 Q1 2010 Q3 2009 Q1 2009 Q3 2008 Q1 2008 Q3 2007 Q1 2007 0.00% The Opportunity & Expressions of Interest THE OPPORTUNITY The portfolio represents an extremely rare opportunity to acquire a portfolio of high volume managed houses that have a strong freehold/long leasehold mix and a high proportion of food sales. All individual property enquiries should be directed to the relevant CBRE office, details of which are provided on the individual property details. For all group enquiries please contact: This should appeal to existing operators looking to expand, to new entrants looking for a major platform which can be used to build a successful managed house estate and to investors keen to gain further representation in the sector. Our clients are willing to consider offers for the entire portfolio, groups of properties or individual units. They also may be prepared to consider granting occupational leases in certain instances on those units which are held freehold or long leasehold, subject to status. EXPRESSIONS OF INTEREST All offers should be submitted in writing, sent via email and contain the following information: • The name of the proposed purchaser and any relevant background information • The name(s) of the property/properties which are of interest • The price being offered exclusive of VAT • Whether the offer is inclusive of fixtures and fittings • Proposed timetable for exchange of contracts and completion of the transaction • Any conditions attached to the offer • Proof of funding • Solicitor’s details Please note that our clients are not obliged to accept the highest offer or any offer submitted for the properties. 9 Paul Breen Andrew Watt Senior Director – Specialist Markets CBRE London Tel: 020 7182 2398 Mob: 07767 873353 Email: [email protected] Senior Director – Specialist Markets CBRE Leeds Tel: 0113 394 8819 Mob: 07778 149230 Email: [email protected] Further Information & Disclaimer VIEWING ARRANGEMENTS DISCLAIMER: CBRE LIMITED Interested parties are asked to undertake discreet customer visits in the first instance. All formal viewings must be arranged by prior appointment via CBRE and under no circumstances should any direct approach be made to any of our client’s staff. CBRE Limited on its behalf and for the Vendors or Lessors of this property who’s 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 STAFF 3. Staff will be transferred with the pubs upon completion in accordance with the TUPE regulations. No person in the employment of CBRE Limited 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 DATA SITE A data site which includes legal and title documentation, premises licences, licensing drawings and asbestos registers is available at www.jdwdisposals.com. The material provided by us is intended for the sole use of the person or firm to whom it is provided. Any reproduction or distribution of this overview, in whole or in part, or the disclosure of its contents, without our prior written consent is prohibited. FIXTURES AND FITTINGS All fixtures and fittings with the exception of leased and branded items are available to be included within the sale. Nothing in this document constitutes valuation, accounting, legal, regulatory, planning, tax or other advice. IMPORTANT INFORMATION CBRE Limited do not accept any responsibility to any person for the consequences of any person placing reliance on the content of this information for any purpose. The information contained in this document, including any data, projections, and underlying assumptions has not been independently verified and are based upon certain assumptions, and analysis of information available as at the date of this document, and reflects prevailing conditions, and our views as of the date of the document, all of which are accordingly subject to change at any time without notice, and we are not under any obligation to notify you of any of these changes. Trading Information Although outline trading information has been made available, the information provided is unaudited and is for information purposes only. No trade will be sold or warranted. Sales figures are net of VAT. Approximate Floor & Site Areas Approximate floor areas for each property are based on advice previously provided to the Vendor. Site areas have not been measured on site but have been calculated from Promap. All areas are for information purposes only and have not been independently verified by CBRE. Interested parties are not entitled to rely upon these areas and any purchaser should undertake their own independent measured surveys to verify this information prior to exchange of contracts. November 2015 Location and Ordnance Survey Plans Ordnance Survey/Promap © Crown Copyright. All rights reserved. CBRE Ordnance Survey Licence Number: 100019184 Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty's Stationery Office. © Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316. 10 Individual Property Details 1. Bedford - Banker's Draft 19. Long Eaton - Twitchel Inn 2. Blackpool - Auctioneer 20. Mansfield - Courthouse 3. Chelmsford - Sir Thomas Mildmay 21. Milton Keynes - Secklow Hundred 4. Chester - Forest House 22. Pontypool - John Capel Hanbury 5. Derby - Thomas Leaper 23. Portsmouth - Trafalgar 6. Didsbury - Milson Rhodes 24. Putney - Rocket 7. Doncaster - Old Angel 25. Rotherham - Corn Law Rymer 8. Dundee - Capitol 26. Sheffield - Swim Inn 9. Enfield - Picture Palace 27. Stourbridge - Edward Rutland 10. Glasgow - Society Room 28. Stourport-on-Severn – Ye Old Crown Inn 11. Gloucester - Water Poet 29. Stirling - 43-51 King Street 12. Grangemouth - Earl of Zetland 30. Swindon - Groves Company Inn 13. Hammersmith – Plough and Harrow 31. Trowbridge - Albany Palace 14. Heanor - Red Lion 32. West Kirby - Dee Hotel 15. Kingston Upon Hull - Zachariah Pearson 33. Wimslow - Bollin Fee 34. Worthing - Sir Timothy Shelley 16. King’s Lynn - Lattice House 17. Lanark - Clydesdale Inn 18. Liverpool - Lime Kiln 11 1. Banker's Draft, 115-117 High St, Bedford MK40 1NU SUMMARY Tenure Freehold Site Area (approx.) 538 sq m (5,790 sq ft) AWT 2014/15 (net) £20,382 per week Ground Floor GIA (approx.) 446 sq m (4,803 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £713,719 £619,803 £640,764 £643,869 £640,861 Dry £235,168 £253,884 £276,978 £341,117 £368,255 Mach/Other £63,356 £49,627 £54,155 £52,270 £50,750 £1,012,243 £923,314 £971,896 £1,037,256 £1,059,867 Total Location Description & Accommodation Bedford is a popular town located 17 miles east of Milton Keynes and 20 miles north of Luton. A substantial terraced property which is of steel frame construction with painted and rendered elevations under a flat roof. Externally there is a beer terrace to the rear. The Banker's Draft occupies a busy position on High Street, close to its junction with the A4280. Occupiers nearby include Barclays, Subway, Lidl and Pad Nightclub. Ground Floor Trading accommodation with bar servery to one side laid out with a variety of tables and seating. A catering kitchen is also provided at this level. Upper Floors Ancillary accommodation at first floor with customer toilets and staff accommodation. At second floor level there is a cellar and stores. C 1. Banker's Draft, 115 - 117 High St, Bedford MK40 1NU Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading & Ancillary 446 4,803 First Ancillary 165 1,772 Second Ancillary 119 1,279 730 7,854 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £140,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 2:00am Sunday to Thursday and 3.00am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 2. Auctioneer, 235-237 Lytham Rd, Blackpool FY1 6ET SUMMARY Tenure Freehold Site Area (approx.) 611 sq m (6,576 sq ft) AWT 2014/15 (net) £19,341 per week Ground Floor GIA (approx.) 449 sq m (4,835 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £570,863 £551,574 £597,660 £582,157 £578,142 Dry £300,242 £292,687 £325,027 £352,504 £381,872 Mach/Other £44,928 £48,341 £47,721 £51,637 £45,731 Total £916,032 £892,603 £970,409 £986,298 £1,005,746 Location Description & Accommodation Blackpool is a popular seaside resort that is located 27 miles north of Liverpool and 40 miles north west of Manchester. A substantial mid terraced property of brick construction with part stone and part rendered elevations under a pitched tile roof. Externally there are two small seating terraces to the front and a large beer terrace to the rear. The Auctioneer occupies a prominent position on Lytham Road which forms one of the main arterial routes into Blackpool town centre. Lytham Road is a busy high street with a range of national retailers including Tesco, KFC and A3 uses including Taj Mahal, Ma Kelly's and Albert's. Ground Floor Extensive open plan trading accommodation with a variety of tables and seating with a bar servery to one side. Ancillary accommodation includes catering kitchen, a range of stores and a glass wash area to the rear of the bar. Disabled WC. Upper Floors Ancillary trading accommodation at first floor level with customer WC's, staff areas, stores, plant room and beer store. C 2. Auctioneer, 235-237 Lytham Rd, Blackpool FY1 6ET Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading & Ancillary 449 4,835 First Ancillary 167 1,802 616 6,637 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £72,500 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until Midnight Sunday to Thursday and 12.30am Friday and Saturday. Contacts Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 3. Sir Thomas Mildmay, 77 French's Walk, Chelmsford CM2 6QR SUMMARY Tenure Leasehold Current Rent & Lease Expiry £130,000 per annum & 18th September 2025 AWT 2014/15 (net) £25,313 per week Ground Floor GIA (approx.) 368 sq m (3,962 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £812,976 £802,420 £806,846 £830,077 £879,853 Dry £170,767 £187,147 £274,148 £334,747 £384,724 Mach/Other £61,667 £58,108 £44,473 £40,416 £51,676 £1,045,410 £1,047,675 £1,125,467 £1,205,241 £1,316,253 Total Location Description & Accommodation Chelmsford is a thriving town that is located 32 miles north east of London and 23 miles south east of Colchester. A substantial semi-detached property which is of steel frame construction with glazed elevations under a flat roof. The Thomas Mildmay occupies a prominent position, adjacent to the River Chelmer, in the main leisure hub of the town on the edge of the prime retailing area. Occupiers nearby include Missoula, Slug and Lettuce, Zizzi, Nandos, Giraffe and Argos. Ground Floor Trading accommodation with bar servery to the rear, laid out with a variety of tables and seating. Disabled WC. Upper Floors Additional trading accommodation at first floor with ancillary customer toilets and catering kitchen. At second floor level there are staff changing facilities, managers office and cellar. C 3. Sir Thomas Mildmay, 77 French's Walk, Chelmsford CM2 6QR Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 368 3,962 First Trading and Ancillary 330 3,555 Second Ancillary 164 1,762 862 9,279 Total Tenure Held on a lease expiring 18 September 2025 at a current rent of £130,000 per annum subject to an outstanding rent review on 18 September 2015 and five yearly thereafter. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £127,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until 1.00am Sunday to Thursday and 2.00am on Friday and Saturday. Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 4. Forest House, 1 Love Street, Chester CH1 1QY SUMMARY Tenure Freehold Site Area (approx.) 538 sq m (5,790 sq ft) AWT 2014/15 (net) £30,123 per week Ground Floor GIA (approx.) 424 sq m (4,564 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £942,948 £887,178 £941,371 £934,576 £902,887 Dry £390,430 £443,333 £475,010 £565,657 £624,499 Mach/Other £49,050 £48,606 £42,513 £38,387 £39,026 £1,382,429 £1,379,117 £1,458,894 £1,538,619 £1,566,413 Total Location Description & Accommodation Chester is an attractive and popular tourist destination that is located 20 miles to the south of Liverpool and 40 miles to the south west of Manchester. A substantial Georgian townhouse with brick elevations set under a multi-pitched slate roof. To the Forest Street elevation there is a small external beer terrace at upper ground floor level. The Forest House is a substantial detached converted Georgian townhouse located at the junction of Love Street and Foregate Street. Nearby Occupiers include Primark, Revolution and Café Nero Ground Floor Steps or a lift provides access to the substantial upper ground floor trading area with centrally located bar servery set under a feature dome. Disabled WC. Basement Lower ground floor trade area with bar servery and lounge and booth seating some of which is set within vaulted areas. Upper Floors The first floor includes customer WC's together with catering kitchen, staff rooms and ancillary stores. The upper levels comprise of vacant accommodation. C 4. Forest House, 1 Love Street, Chester CH1 1QY Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 424 4,564 First Ancillary 89 958 Second Ancillary 364 3,918 Third Ancillary 231 2,486 Basement Trading & Ancillary 323 3,477 1,431 15,403 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £121,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am on Sunday and 2.00am Monday to Saturday. Contacts Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 5. Thomas Leaper, 27 Iron Gate, Derby DE1 3GL SUMMARY Tenure Leasehold Current Rent & Lease Expiry £72,563 per annum & 9th June 2039 AWT 2014/15 (net) £27,240 per week Ground Floor GIA (approx.) 332 sq m (3,571 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £772,423 £886,894 £976,748 £1,004,422 £996,644 Dry £372,202 £366,313 £360,681 £364,521 £382,145 Mach/Other £36,895 £36,497 £41,679 £35,557 £37,685 £1,181,520 £1,289,703 £1,379,108 £1,404,499 £1,416,475 Total Location Description & Accommodation Derby is a busy city that is located 15 miles west of Nottingham and 30 miles north west of Leicester. A substantial semi-detached property which is of stone and brick construction under a pitched roof. The Thomas Leaper occupies a prominent position on Iron Gate and is in close proximity to Derby Cathedral. Occupiers nearby include The Standing Order and Walkabout. Ground Floor Trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Customer WC's are also provided at this level. Basement Cellar and stores. Upper Floors Additional trading accommodation at first floor with bar servery and customer WC's. Also at this level is a catering kitchen, wash room and stores. C 5. Thomas Leaper, 27 Iron Gate, Derby DE1 3GL Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 332 3,571 First Trading / Ancillary 332 3,571 Basement Ancillary 48 514 712 7,656 Total Tenure Held on a lease expiring 9 June 2039 at a current rent of £72,563 per annum subject to an outstanding upwards only rent review on 10 June 2014 and five yearly thereafter. The property has a tenant only break clause on 10 June 2024. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £90,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until 1.00am Sunday to Wednesday and 2.00am Thursday to Saturday. Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 6. Milson Rhodes, 1D School Lane, Didsbury M20 6RD SUMMARY Tenure Leasehold Current Rent & Lease Expiry £88,125 per annum & 7th July 2024 AWT 2014/15 (net) £19,799 per week Ground Floor GIA (approx.) 219 sq m (2,360 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £646,496 £654,545 £682,243 £669,912 £673,176 Dry £269,418 £267,004 £294,817 £320,321 £327,536 Mach/Other £38,154 £46,402 £41,741 £33,793 £28,850 Total £954,067 £967,951 £1,018,800 £1,024,026 £1,029,562 Location Description & Accommodation Didsbury is a vibrant and busy suburban area of Manchester that is located 4 miles south of Manchester and 28 miles north of Crewe. A substantial detached two storey public house of brick construction under a hipped and pitched tile roof. There is a front beer terrace and two external balconies at first floor level. The Milson Rhodes occupies a prominent position on School Lane just off Didsbury's main high street. Nearby occupiers include M&S Food, Nationwide, Costa Coffee, Cau, Slug & Lettice and Croma. Ground Floor Open plan trading accommodation with a variety of loose tables and stool seating. A bar servery is located to the rear, together with glass wash area and beer store. Disabled WC. Upper Floors Open plan trading accommodation to first floor with a bar servery and a variety of loose tables and seating as well as the benefit of two external balconies. In addition are customer WC's, together with catering kitchen, staff areas and office. C 6. Milson Rhodes, 1D School Lane, Didsbury M20 6RD Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading & Ancillary 219 2,360 First Trading & Ancillary 200 2,154 419 4,514 Total Tenure Held on a lease expiring 7 July 2024 at a current rent of £88,125 per annum. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £93,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until 11:30am Sunday to Thursday and 12.30am Friday and Saturday. Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 7. Old Angel, Cleveland Street, Doncaster DN1 3EF SUMMARY Tenure Freehold* Site Area (approx.) 469 sq m (5,048 sq ft) AWT 2014/15 (net) £24,329 per week Ground Floor GIA (approx.) 380 sq m (4,095 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £593,555 £583,744 £663,203 £769,582 £883,952 Dry £146,512 £163,437 £203,561 £253,124 £337,716 Mach/Other £35,850 £33,100 £35,259 £39,285 £43,464 Total £775,917 £780,281 £902,023 £1,061,990 £1,265,131 Location Description & Accommodation Doncaster is a densely populated market town that is located 22 miles north east of Sheffield and 36 miles south of Leeds. A substantial semi-detached property which is of brick construction under a slate pitched roof. The Old Angel occupies a corner position on Cleveland Street off High Street. Occupiers nearby include The St Leger Tavern and The Gate House bar. Ground Floor Trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Disabled WC. Basement Cellar and stores. Upper Floors Booth seating areas are provided at first floor level in addition to customer WC's. *The vendor has exchanged unconditional contracts to acquire the freehold interest in the property but has not yet completed the purchase so the completion of the operational sale will need to be delayed until April 2016 C 7. Old Angel, Cleveland Street, Doncaster DN1 3EF Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 380 4,095 First Trading & Ancillary 156 1,679 536 5,774 Total Tenure Freehold. Please note that the vendor has exchanged unconditional contracts to acquire the freehold interest in the property but has not yet completed the purchase so the completion of the operational sale will need to be delayed until April 2016. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £95,000 EPC rating - E Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday, midnight Monday and Wednesday and 2am on Tuesday, Thursday, Friday and Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 8. Capitol, 7-9 Seagate, Dundee DD1 2EG SUMMARY Tenure Heritable Site Area (approx.) 473 sq m (5,091 sq ft) AWT 2014/15 (net) £21,579 per week Ground Floor GIA (approx.) 407 sq m (4,381 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £751,890 £819,882 £792,137 £694,503 £679,160 Dry £450,141 £437,365 £424,326 £402,130 £398,848 Mach/Other £43,009 £41,098 £42,715 £41,198 £44,091 £1,245,039 £1,298,345 £1,259,178 £1,137,831 £1,122,099 Total Location Description & Accommodation Dundee is Scotland's fourth largest city, located 63 miles north of Edinburgh and 65 miles south of Aberdeen. A substantial corner property which is of stone construction under a pitched roof. The Capitol occupies a prominent corner position on the east side of Seagate, at the junction with Gellatly Street and to the north of the junction with Commercial Street. The location forms part of an established leisure pitch in the City Centre with occupiers nearby including Cask & Cork and Tickety Boo's. Ground Floor Trading accommodation at lower ground floor comprising a variety of seating. The upper ground floor has a linear bar servery, a variety of seating and bottle store. Disabled WC. Upper Floors At mezzanine level is the staff room. At first floor there is further customer seating and customer WC's, along with catering kitchen, beer cellar and office. C 8. Capitol, 7-9 Seagate, Dundee DD1 2EG Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 407 4,381 First Ancillary 368 3,961 775 8,342 Total Tenure Heritable Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £85,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - Pass Premises Licence The property benefits from a premises licence permitting the sale of alcohol until midnight Sunday to Wednesday and 2.30am Thursday to Saturday. Contacts Euan McGonigle Tel: 0141 204 7767 Mob: 07818 027 711 [email protected] Kathryn Bennett Tel: 0141 204 7745 Mob: 07982 717 979 [email protected] C 9. Picture Palace, Lincoln Road, Enfield EN3 4AQ SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry Peppercorn & 12th June 2099 AWT 2014/15 (net) £17,523 per week Ground Floor GIA (approx.) 582 sq m (6,267 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £597,600 £604,448 £618,767 £585,707 £551,243 Dry £257,438 £254,651 £286,718 £334,982 £332,574 Mach/Other £37,236 £32,298 £33,061 £26,897 £27,405 Total £892,275 £891,397 £938,545 £947,586 £911,221 Location Description & Accommodation Enfield is a densely populated town that is located 12 miles north of Central London and 5 miles south of Cheshunt. A corner property which is of brick construction with painted and rendered elevations under a pitched roof. Externally there is a beer terrace to the side. The Picture Palace fronts the A1010, running between the North Circular and the M25 and close to Ponders End Recreation Ground. Occupiers nearby include Asda, Poundland, Farmfoods and Poundstretcher. Ground Floor Trading accommodation with bar servery to the rear and laid out with a variety of tables and seating. Customer WC's, a catering kitchen, managers office and cellar are also provided at this level. Upper Floors Ancillary accommodation at first floor with a staff area and 2 bed managers flat. C 9. Picture Palace, Lincoln Road, Enfield EN3 4AQ Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading & Ancillary 582 6,267 First Ancillary 103 1,115 686 7,382 Total Tenure Held on a Long Leasehold expiring 12 June 2099 at a peppercorn rent. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £78,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1.30am on Friday and Saturday. Contacts Paul Breen Tel: 0207182 2398 Mob: 07767 873353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 10. Society Rooms, 151 West George Street, Glasgow G2 2JJ SUMMARY Tenure Leasehold Current Rent & Lease Expiry £218,025 per annum & 6th January 2037 AWT 2014/15 (net) £36,436 per week Ground Floor GIA (approx.) 723 sq m (7,780 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £1,727,514 £1,765,196 £1,708,781 £1,563,359 £1,428,001 Dry £360,999 £343,305 £362,561 £391,615 £430,818 Mach/Other £45,891 £47,364 £42,745 £41,298 £35,878 £2,134,404 £2,155,865 £2,114,087 £1,996,272 £1,894,697 Total Location Description & Accommodation Glasgow is Scotland's largest city, benefitting from a retail and leisure catchment of in excess of 2 million people within a 20 minute drive time A substantial mid terrace property which is of stone construction. The public house occupies the ground floor and basement of a 5 storey building, the upper parts of which consist of offices. The Society Room occupies a prominent mid terrace position on the south side of West George Street between the junctions with Hope Street and Renfield Street, in Glasgow's Central Business District. Occupiers nearby include The Merchant, Blue Dog and La Tasca. Ground Floor Trading accommodation with curved bar servery to one side and laid out with a variety of tables and seating. Disabled WC. Extensive catering kitchen. Basement Cellar, stores, plant room, staff room and customer WC's. C 10. Society Rooms, 151 West George Street, Glasgow G2 2JJ Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 723 7,780 Basement Ancillary 260 2,800 983 10,580 Total Tenure Held on a lease expiring 6 January 2037 at a current rent of £218,025 per annum subject to an upwards only rent review on 7 January 2017 and five yearly thereafter. The property has a tenant only break clause on 7 January 2022. Rateable Value & EPC 2010 Rateable Value - £175,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - Pass Premises Licence The property benefits from a premises licence permitting the sale of alcohol until midnight Sunday to Thursday and 2am on Friday and Saturday. Contacts Euan McGonigle Tel: 0141 204 7767 Mob: 07818 027 711 [email protected] Kathryn Bennett Tel: 0141 204 7745 Mob: 07982 717 979 [email protected] C 11. Water Poet, 61-63 Eastgate Street, Gloucester GL1 1PN SUMMARY Tenure Freehold Site Area (approx.) 809 sq m (8,708 sq ft) AWT 2014/15 (net) £19,221 per week Ground Floor GIA (approx.) 396 sq m (4,263 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £581,346 £584,606 £592,212 £572,390 £582,636 Dry £241,940 £268,470 £303,632 £347,868 £366,703 Mach/Other £50,306 £54,558 £66,522 £59,019 £50,162 Total £873,593 £907,634 £962,366 £979,277 £999,502 Location Description & Accommodation Gloucester is a busy city that is located 10 miles west of Cheltenham and 36 miles north of Bristol. A substantial detached property which is of brick construction with painted and rendered elevations under a pitched roof. Externally there is an attractive beer terrace to the rear The Water Poet occupies a prominent position on Eastgate Street close to its junction with the pedestrianised centre of the City and the main shopping area of the Eastgate Centre. Occupiers nearby include Mecca Bingo, Argos, Boots and Primark. Ground Floor Trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Cellar and stores are also at this level. Disabled WC. Upper Floors Customers WC's are at first floor with catering kitchen, managers office and stores. At second floor level are staff changing facilities and meeting room, along with additional stores. C 11. Water Poet, 61-63 Eastgate Street, Gloucester GL1 1PN Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 396 4,263 First Ancillary 175 1,888 Second Ancillary 128 1,374 699 7,525 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £66,500 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until Midnight Sunday to Wednesday and 1.00am Thursday to Saturday. Contacts Paul Breen Tel: 0207182 2398 Mob: 07767 873353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 12. Earl of Zetland, Bo’Ness Road, Grangemouth FK3 8AF SUMMARY Tenure Heritable Site Area (approx.) 732 sq m (7,879 sq ft) AWT 2014/15 (net) £15,075 per week Ground Floor GIA (approx.) 329 sq m (3,541 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £436,218 £501,009 £517,998 £474,062 £414,424 Dry £300,928 £310,362 £347,130 £357,968 £337,552 Mach/Other £33,205 £30,170 £27,936 £29,572 £31,925 Total £770,352 £841,541 £893,064 £861,602 £783,901 Location Description & Accommodation Grangemouth is a port town within the Forth Valley and is located approximately 28 miles east of Glasgow and 26 miles west of Edinburgh. A substantial semi detached property which is of stone construction under a pitched, slate roof. The Earl of Zetland occupies a prominent position on the south side of Bo'ness Road at the junction with Station Road. The property is opposite the Town Hall and adjacent to La Porte Precinct, the town's main retail thoroughfare. Ground Floor Trading accommodation with linear servery to the rear and laid out with a variety of seating. Disabled WC. Upper Floors Ancillary accommodation at first floor with customer WC's, catering kitchen, beer cellar, managers office and staff room C 12. Earl of Zetland, Bo’Ness Road, Grangemouth FK3 8AF Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 329 3,541 First Ancillary 270 2,906 599 6,447 Total Tenure Heritable Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £47,500 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - Pass Premises Licence The property benefits from a premises licence permitting the sale of alcohol until Midnight Sunday to Thursday and 1.00am Friday and Saturday. Contacts Euan McGonigle Tel: 0141 204 7767 Mob: 07818 027 711 [email protected] Kathryn Bennett Tel: 0141 204 7745 Mob: 07982 717 979 [email protected] C 13. Plough and Harrow, 120-124 King Street, Hammersmith W6 0QU SUMMARY Tenure Leasehold Current Rent & Lease Expiry £169,500 per annum & 23rd June 2036 AWT 2014/15 (net) £27,028 per week Ground Floor GIA (approx.) 595 sq m (6,404 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £790,989 £839,263 £833,744 £840,314 £863,055 Dry £399,487 £422,581 £461,165 £494,868 £519,257 Mach/Other £26,486 £26,397 £22,593 £28,293 £23,156 £1,216,962 £1,288,241 £1,317,502 £1,363,476 £1,405,468 Total Location Description & Accommodation Hammersmith is an affluent and densely populated suburb 5 miles west of Central London, to the north of Fulham and east of Chiswick. A substantial corner property which is of brick construction. The public house occupies the ground floor and basement of a three storey building, the upper parts of which consist of a Holiday Inn Express hotel. The Plough & Harrow occupies a prominent corner position on the A315 King Street, directly opposite the junction with Macbeth Street. Ground Floor Trading accommodation with bar servery to one side and a variety of tables and seating. Customer WC's and a catering kitchen are also provided at this level. Basement Cellar and stores. C 13. Plough and Harrow, 120-124 King Street, Hammersmith W6 0QU Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 595 6,404 Basement Ancillary 48 517 643 6,921 Total Tenure Held on a lease expiring 23 June 2036 at a current rent of £169,500 per annum subject to an outstanding upwards only rent review on 24 June 2011 and five yearly thereafter. The property has a tenant only break clause on 24 June 2026. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £115,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until Midnight Monday to Sunday. Paul Breen Tel: 0207182 2398 Mob: 07767 873353 [email protected] David Muslin Tel: 020 7182 2524 Mob: 07766 733 718 [email protected] C 14. Red Lion, 2 Derby Road, Heanor DE75 7QG SUMMARY Tenure Freehold Site Area (approx.) 465 sq m (5,005 sq ft) AWT 2014/15 (net) £14,396 per week Ground Floor GIA (approx.) 243 sq m (2,613 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £534,601 £561,074 £523,825 £538,077 £527,516 Dry £109,520 £129,473 £142,769 £170,312 £178,602 Mach/Other £45,602 £42,566 £49,295 £50,201 £42,483 Total £689,722 £733,113 £715,888 £758,590 £748,602 Location Description & Accommodation Heanor is a busy town located 10 miles north west of Nottingham and 9 miles north east of Derby. A substantial detached corner property which is of brick construction under a slate pitched roof. Externally there is a small terrace to the side. The Red Lion occupies a corner position on Derby Road at its junction with Market Street. Occupiers nearby include the newly opened King of Prussia public house. Ground Floor Trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Customer WC's are also provided at this level. Basement Cellar and stores. Upper Floors At first floor are a series of vacant store rooms. C 14. Red Lion, 2 Derby Road, Heanor DE75 7QG Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 243 2,613 Basement Ancillary 41 437 284 3,050 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £56,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1am on Friday and Saturday. Andrew Watt Tel: 0113 394 8819 Mob: 07778 149230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 15. Zachariah Pearson, 386 Beverley Road, Hull HU5 1LN SUMMARY Tenure Freehold Site Area (approx.) 1,821 sq m (19,601 sq ft) AWT 2014/15 (net) £19,460 per week Ground Floor GIA (approx.) 310 sq m (3,340 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £428,580 £406,758 £489,876 £536,554 £544,056 Dry £296,759 £277,583 £316,725 £370,507 £435,248 Mach/Other £42,234 £30,483 £35,385 £31,230 £32,594 Total £767,572 £714,825 £841,987 £938,291 £1,011,899 Location Description & Accommodation Kingston upon Hull is a busy city that is located 37 miles south east of York and 55 miles east of Leeds. A substantial semi-detached property which is of brick construction under a slate pitched roof. Externally there is a beer terrace to the front. The Zachariah Pearson occupies a busy position on Beverley Road. Occupiers nearby include The Sleepers bar and The Bevvy bar. Ground Floor Trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Disabled WC. Basement Cellar and stores. Upper Floors At first floor are the customer WC's and catering kitchen. C 15. Zachariah Pearson, 386 Beverley Road, Hull HU5 1LN Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 310 3,340 First Ancillary 66 715 376 4,055 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £65,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 2am on Friday and Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 16. Lattice House, Chapel St, King's Lynn PE30 1EG SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry £100 per annum & 27th June 2107 AWT 2014/15 (net) £20,048 per week Ground Floor GIA (approx.) 356 sq m (3,839 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £555,482 £530,694 £571,214 £620,610 £644,401 Dry £291,355 £299,276 £334,432 £362,451 £374,069 Mach/Other £27,890 £24,969 £24,013 £28,971 £24,044 Total £874,727 £854,939 £929,659 £1,012,032 £1,042,514 Location Description & Accommodation Kings Lynn is a thriving town that is located 49 miles west of Norwich and 44 miles north of Cambridge. A substantial detached property which is of brick construction with part painted and rendered elevations under a pitched roof. Externally there is a beer terrace to the rear. The Lattice House occupies a prominent position on Chapel Street next to its junction with Market Lane and close to Market Place. Occupiers nearby include Nandos, Prezzo, Café Nero, Tudor Rose Hotel, The Duke's Head and The Maids Head. Ground Floor Trading accommodation with central bar servery and laid out with a variety of tables and seating. Customer WC's and a catering kitchen are also provided at this level. Upper Floors Additional trading accommodation at first floor with ancillary staff facilities. C 16. Lattice House, Chapel St, King's Lynn PE30 1EG Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 356 3,839 First Trading and Ancillary 230 2,476 587 6,315 Total Tenure Held on a Long Leasehold expiring 27 June 2107 at a rent of £100 per annum. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £42,000 EPC rating - D Food Standards Agency Food Hygiene Rating - 4 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12:30am Sunday to Thursday and 1.00am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 17. Clydesdale Inn, 15 Bloomgate, Lanark ML11 9ET SUMMARY Tenure Heritable Site Area (approx.) 518 sq m (5,575 sq ft) AWT 2014/15 (net) £18,154 per week Ground Floor GIA (approx.) 463 sq m (4,984 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £376,678 £374,269 £393,830 £426,630 £434,018 Dry £388,925 £385,859 £401,750 £455,854 £489,148 Mach/Other £12,499 £8,062 £13,398 £20,254 £20,826 Total £778,102 £768,190 £808,978 £902,738 £943,992 Location Description & Accommodation Lanark is an attractive market town which is located 27 miles south east of Glasgow and 33 miles south west of Edinburgh. A substantial semi detached property which is of stone construction under a pitched roof. There is a car park to the rear for 12 vehicles. The Clydesdale Inn occupies a prominent position on the south side of Bloomgate, close to the junction with Hope Street and the Church of Scotland. Occupiers nearby include Bank of Scotland and The Wallace Cave public house. Ground Floor Trading accommodation with central bar servery and laid out with a variety of tables and seating. There is a separate dining area to the rear and a fully equipped kitchen. Disabled WC. Basement Cellar, stores, plant room and customer WC's. Upper Floors Ancillary accommodation at first floor including staff changing room and managers office. In addition at first and second floor levels is the managers accommodation along with former hotel bedrooms which are currently unused. C 17. Clydesdale Inn, 15 Bloomgate, Lanark ML11 9ET Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 463 4,984 First Ancillary 238 2,562 Second Ancillary 129 1,389 Basement Ancillary 289 3,111 1,119 12,046 Total Tenure Heritable Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £59,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - Pass Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1.00am Monday to Sunday. Contacts Euan McGonigle Tel: 0141 204 7767 Mob: 07818 027 711 [email protected] Kathryn Bennett Tel: 0141 204 7745 Mob: 07982 717 979 [email protected] C 18. Lime Kiln, 1 Fleet Street, Liverpool L1 4AN SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry Peppercorn & 31st December 3000 AWT 2014/15 (net) £35,172 per week Ground Floor GIA (approx.) 614 sq m (6,613 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £1,676,678 £1,729,717 £1,414,909 £1,265,393 £1,355,414 Dry £199,583 £196,690 £225,570 £304,659 £414,248 Mach/Other £77,701 £70,331 £63,216 £59,175 £59,258 £1,953,962 £1,996,738 £1,703,694 £1,629,227 £1,828,920 Total Location Description & Accommodation Liverpool is a large city and popular tourist destination located 20 miles west of Warrington and 34 miles west of Manchester. A substantial and prominent corner bar unit of brick and glazed elevations. The unit is situated within a larger 6 storey purpose built residential development. The Lime Kiln is prominently located on Fleet Street within the heart of Concert Square, the principle leisure hub in the City. Nearby occupiers include Walkabout, Level, Revolution, McCooleys Irish Bar and Soho. Ground Floor Large open plan trading accommodation with a variety of loose tables and booth seating. A bar servery is to the rear, together with a raised seating area and dance floor. Catering kitchen, beer store and stores are located to the rear. Disabled WC. Small raised external beer terrace located by the main entrance. Upper Floors The mezzanine level incorporates a further trading area with bar servery, a range of loose tables and booth seating and customer WC's. To the rear are staff areas, food service hoist and plant room. C 18. Lime Kiln, 1 Fleet Street, Liverpool L1 4AN Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION Ground Trading and Ancillary 614 6,613 First Trading and Ancillary 504 5,421 1,118 12,034 Total SQ.M SQ.FT Tenure Held on a Long leasehold expiring 31 December 3000 let at a peppercorn rent. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value – £300,000 EPC rating - E Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 02:00am Monday to Sunday. Contacts Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 19. Twitchel Inn, Howitt Street, Long Eaton NG10 1ED SUMMARY Tenure Freehold Site Area (approx.) 546 sq m (5,877 sq ft) AWT 2014/15 (net) £18,504 per week Ground Floor GIA (approx.) 386 sq m (4,154 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £576,593 £508,420 £547,797 £550,849 £488,772 Dry £238,695 £235,521 £305,550 £376,091 £437,116 Mach/Other £46,794 £42,616 £44,739 £36,172 £36,296 Total £862,082 £786,556 £898,085 £963,112 £962,184 Location Description & Accommodation Long Eaton is a densely populated town that is located 7 miles south west of Nottingham and 12 miles east of Derby. A substantial semi-detached property which is of brick construction under a slate pitched roof. The Twitchel Inn occupies a corner position on Howitt Street which leads to the main retail area with occupiers including Boots, Greggs and Dorothy Perkins, along with The Oxford public house. Ground Floor Trading accommodation with central bar servery and laid out with a variety of tables and seating. Customer WC's are also provided at this level. Basement Cellar and stores. Upper Floors Customer WC's are provided at first floor level, along with which manager's accommodation and stores. C 19. Twitchel Inn, Howitt Street, Long Eaton NG10 1ED Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 386 4,154 386 4,154 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £69,500 EPC rating - G Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1.00am on Friday and Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 20. Court House, Market Place, Mansfield NG18 1HX SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry £6 per annum & 24th April 2840 AWT 2014/15 (net) £12,621 per week Ground Floor GIA (approx.) 234 sq m (2,523 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £476,614 £435,630 £407,741 £431,013 £436,865 Dry £105,524 £113,411 £130,453 £142,148 £157,727 Mach/Other £78,359 £58,223 £62,567 £56,139 £61,700 Total £660,497 £607,263 £600,761 £629,300 £656,292 Location Description & Accommodation Mansfield is a densely populated market town that is located 15 miles north of Nottingham and 12 miles south east of Chesterfield. Built in 1840, a semi-detached property of stone construction under a multi pitched slate roof. The Court House occupies a prominent position on Market Place, home of a busy market open six days a week. The Town Hall is adjacent and occupiers nearby include The Dial Inn and The Byron. Ground Floor Trading accommodation with bar servery to one side laid out with a variety of seating. Disabled WC. Basement Cellar and stores. Upper Floors Customer WC's are provided at this level, which also comprises a catering kitchen, manager's office and stores. C 20. Courthouse, Market Place, Mansfield NG18 1HX Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 234 2,523 First Ancillary 107 1,151 Basement Ancillary 41 439 382 4,113 Total Tenure Long Leasehold. Held for a term of 999 years from 25th April 1841 at a peppercorn. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £51,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1am on Friday and Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 21. Secklow Hundred, 316 Midsummer Boulevard, Milton Keynes MK9 1EA SUMMARY Tenure Leasehold Current Rent & Lease Expiry £90,000 per annum & 24th December 2035 AWT 2014/15 (net) £29,976 per week Ground Floor GIA (approx.) 409 sq m (4,407 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £1,296,737 £1,451,820 £1,408,251 £1,405,993 £1,220,579 Dry £264,565 £264,688 £275,992 £297,895 £286,641 Mach/Other £65,081 £58,937 £70,776 £53,215 £51,532 £1,626,384 £1,775,445 £1,755,019 £1,757,103 £1,558,752 Total Location Description & Accommodation Milton Keynes is a thriving town that is located 57 miles north of London and 18 miles south of Northampton. A substantial mid terraced property which is of steel frame construction with glazed elevations under a flat roof. Externally there is a beer terrace to the front. The Secklow Hundred occupies a prominent position on Midsummer Boulevard within one of the main leisure hubs of the town with nearby occupiers including Ramada Encore and Jurys Inn hotels, along with All Bar One, Missoula and Browns. Ground Floor Trading accommodation with bar servery to one side laid out with a variety of tables and seating. Disabled WC's. Upper Floors Additional trading accommodation at first floor with ancillary staff changing facilities, managers office, catering kitchen, cellar and customer toilets. C 21. Secklow Hundred, 316 Midsummer Boulevard, Milton Keynes MK9 1EA Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 409 4,407 First Trading and Ancillary 291 3,135 701 7,542 Total Tenure Held on a lease expiring 24 December 2035 at a current rent of £90,000 per annum subject to upwards only rent review on 24 June 2016 and five yearly thereafter. The property has a tenant only break clause on 24 June 2031. The most recent annual service charge was £6,935. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £90,000 EPC rating - D Food Standards Agency Food Hygiene Rating - 5 Premises Licence Contacts The property benefits from a premises licence permitting the sale of alcohol until 2am Sunday to Thursday and 3am on Friday and Saturday. Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 22. John Capel Hanbury, 130-131 Osborne Rd, Pontypool NP4 6LT SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry Peppercorn & 3rd February 2102 AWT 2014/15 (net) £17,122 per week Ground Floor GIA (approx.) 346 sq m (3,725 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £547,898 £575,977 £528,560 £542,334 £541,804 Dry £276,353 £267,165 £286,389 £316,763 £326,376 Mach/Other £29,911 £29,950 £31,736 £26,813 £22,185 Total £854,162 £873,091 £846,685 £885,910 £890,365 Location Description & Accommodation Pontypool is a busy town in South Wales located 10 miles north of Newport and 23 miles north east of Cardiff. A substantial mid terraced property which is of brick construction under a pitched roof. To the rear of the property are two external terrace areas which are located at ground and lower ground floor level. The John Capel Hanbury is a prominent building set within an established retail parade. Other occupiers located nearby in the town include Betfred, Iceland, Natwest and Boots. Ground Floor Trading accommodation with bar servery to one side. Fixed and loose seating along with a catering kitchen. Disabled WC. At lower ground floor is a managers office, dry store and staff room. Basement The basement provides a beer cellar with cold store and bin storage area. Upper Floors Customer WC's and store room at first floor level with vacant space above. C 22. John Capel Hanbury, 130-131 Osborne Rd, Pontypool NP4 6LT Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 346 3,725 First Ancillary 137 1,476 Lower Ground Ancillary 103 1,114 Basement Ancillary 175 1,879 761 8194 Total Tenure Held on a Long leasehold expiring 3 February 2102 let at a peppercorn rent. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £50,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until Midnight Sunday to Thursday and 1.00am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 23. Trafalgar, Trafalgar House, 16 Edinburgh Road, Portsmouth PO1 1DE SUMMARY Tenure Freehold Site Area (approx.) 975 sq m (10,494 sq ft) AWT 2014/15 (net) £30,424 per week Ground Floor GIA (approx.) 740 sq m (7,965 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £1,194,026 £1,079,616 £875,135 £765,990 £673,952 Dry £613,005 £613,416 £656,115 £766,819 £842,832 Mach/Other £82,462 £77,469 £81,479 £79,331 £65,289 £1,889,493 £1,770,501 £1,612,729 £1,612,141 £1,582,072 Total Location Description & Accommodation Portsmouth is a popular and densely populated town that is located approximately 19 miles south east of Southampton and 64 miles south west of London A substantial mid terraced property which is of brick construction with painted and rendered elevations under a pitched roof. The Trafalgar occupies a prominent position on Edinburgh Road at its junction with Stanhope Road and Unicorn Road and close to Cascades Shopping Centre. Occupiers within Cascades include M&S, Next and Primark. Ground Floor Trading accommodation with central bar servery to one side and laid out with a variety of tables and seating. Disabled WC and a catering kitchen are also provided at this level. Basement Cellar and stores. Upper Floors Further trading accommodation at first floor with additional bar servery with a variety of tables and seating areas. Customer WC's, beer cellar, managers office and staff room are also provided at this level. C 23. Trafalgar, Trafalgar House, 16 Edinburgh Road, Portsmouth PO1 1DE Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 740 7,965 First Ancillary 744 8,013 Second Ancillary 743 8,002 2,228 23,980 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £192,500 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 2.00am Monday to Sunday Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 24. Rocket, Putney Wharf Tower, Brewhouse Lane, Putney SW15 2JQ SUMMARY Tenure Leasehold Current Rent & Lease Expiry £150,500 per annum & 17th December 2039 AWT 2014/15 (net) £35,244 per week Ground Floor GIA (approx.) 451 sq m (4,853 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £446,877 £595,189 £781,442 £1,023,250 £1,076,348 Dry £380,877 £454,078 £582,432 £694,965 £737,621 £6,065 £7,115 £12,319 £18,544 £18,725 £833,819 £1,056,382 £1,376,193 £1,736,759 £1,832,694 Mach/Other Total Location Description & Accommodation Putney is an affluent and fashionable suburb of South West London located to the south of Fulham and north of Wimbledon, 4 miles south west of Central London. The property occupies the ground floor of the exclusive Putney Wharf Tower development. Externally there is an extensive external terrace area overlooking the Thames. The Rocket occupies an attractive riverside position fronting the Thames close to Putney Bridge. Occupiers nearby include the Boathouse (Young's), Carluccio's and the Alquimia Restaurant. Ground Floor Extensive trading areas which are fitted to an extremely high standard with bar servery located to the rear. A catering kitchen, customer WC's, office, beer cellar and various stores are also provided at this level. C 24. Rocket, Putney Wharf Tower, Brewhouse Lane, Putney SW15 2JQ Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 451 4,853 451 4,853 Total Tenure Held on a lease expiring on 17 December 2039 at a current rent of £150,500 per annum subject to an outstanding upwards only rent review on 18 December 2014. The property has a tenants only break clause on 18 December 2024. The most recent service charge was £18,538. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value – Awaiting Confirmation EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 10.30pm on Sunday and Midnight on Monday to Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] David Muslin Tel: 020 7182 2524 Mob: 07766 733 718 [email protected] C 25. Corn Law Rymer, 35-37 High Street, Rotherham S60 1PT SUMMARY Tenure Freehold* Site Area (approx.) 567 sq m (6,103 q ft) AWT 2014/15 (net) £23,583 per week Ground Floor GIA (approx.) 437 sq m (4,704 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £876,488 £793,172 £994,798 £984,311 £852,823 Dry £218,150 £248,577 £301,127 £307,579 £325,236 Mach/Other £58,294 £55,623 £65,515 £60,992 £48,239 £1,152,932 £1,097,373 £1,361,440 £1,352,882 £1,226,298 Total Location Description & Accommodation Rotherham is a large town located in South Yorkshire and is located 7 miles east of Sheffield and 30 miles south of Leeds. A corner property which is of framed construction with black marbled elevations. The roof is flat. The Corn Law Rymer is located in a prominent corner position on the corner of Westgate, Moorgate and Church Street. Nearby retailers comprises a mix of restaurants, public houses and local retailers *The vendor has exchanged unconditional contracts to acquire the freehold interest in the property but has not yet completed the purchase so the completion of the operational sale will need to be delayed until April 2016 Ground Floor Trading accommodation at split levels with bar servery to the side and a variety of tables and chairs. Disabled WC to the rear. Upper Floors Ancillary accommodation at first floor with customer WC's, kitchen, beer store and cold stores. C 25. Corn Law Rymer, 35-37 High Street, Rotherham S60 1PT Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 437 4,704 First Ancillary 437 4,704 Second Ancillary 437 4,704 1,311 14,112 Total Tenure Freehold. Please note that the vendor has exchanged unconditional contracts to acquire the freehold interest in the property but has not yet completed the purchase so the completion of the operational sale will need to be delayed until April 2016. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £89,000 EPC rating - F Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30 Sunday, Midnight Monday to Wednesday, 2.00am Thursday and 4.00am Friday to Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 26. Swim Inn, 217-231 Glossop Road, Sheffield S10 2GW SUMMARY Tenure Long Leasehold Current Rent & Lease Expiry £250 per annum & 31st December 2110 AWT 2014/15 (net) £20,265 per week Ground Floor GIA (approx.) 826 sq m (8,890 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £550,527 £594,007 £558,293 £631,536 £629,898 Dry £219,522 £246,550 £297,810 £336,385 £393,481 Mach/Other £36,525 £31,816 £29,065 £32,067 £30,424 Total £806,573 £872,373 £885,168 £999,988 £1,053,802 Location Description & Accommodation Sheffield is a densely populated city that is located 36 miles south of Leeds and 40 miles east of Manchester. A substantial semi-detached property which is of brick construction under a slate pitched roof. The public house occupies the ground floor and basement of the property with the upper floors separately occupied as student accommodation. The Swim Inn occupies a prominent position on Glossop Road in close proximity to Sheffield University campus. Occupiers nearby include The Beehive public house and Revolution bar. Ground Floor Trading accommodation with central bar servery and laid out with a variety of tables and seating. Customer WC's are also provided at this level. Basement Cellar, stores, office and staff room. C 26. Swim Inn, 217-231 Glossop Road, Sheffield S10 2GW Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 826 8,890 Basement Ancillary 94 1,012 920 9,902 Total Tenure Held on a Long Leasehold interest for a term of 110 years from 1 January 2001 at a fixed rent of £250 per annum. Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £71,500 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1.00am Sunday to Thursday and 2.00am Friday and Saturday. Contacts Andrew Watt Tel: 0113 394 8819 Mob: 07778 149 230 [email protected] James Brindley Tel: 0113 394 8771 Mob: 07341 661 699 [email protected] C 27. Edward Rutland, 77-78 High Street, Stourbridge DY8 1DX SUMMARY Tenure Freehold Site Area (approx.) 757 sq m (8,148 sq ft) AWT 2014/15 (net) £25,975 per week Ground Floor GIA (approx.) 586 sq m (6,307 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £1,297,693 £1,264,124 £1,256,132 £1,130,810 £1,014,692 Dry £212,412 £215,496 £246,381 £260,221 £278,293 Mach/Other £58,452 £58,704 £57,325 £57,374 £57,725 £1,568,557 £1,538,324 £1,559,838 £1,448,405 £1,350,710 Total Location Description & Accommodation Stourbridge is a busy town that is located 10 miles south of Wolverhampton and 12 miles west of Birmingham. A substantial mid terraced property which is of brick construction with painted and rendered elevations under a pitched roof. Externally there is a beer terrace to the rear. The Edward Rutland occupies a prominent position on High Street at its junction with Forest Street and close to the Stourbridge Interchange, a busy travel hub. Occupiers nearby include Barclays and the Co-Op, along with Chicago nightclub. Ground Floor Trading accommodation with two trading areas each with a bar servery and laid out with a variety of tables and seating. The catering kitchen is also provided at this level. Disabled WC. Basement Customer WC's, along with cellar and stores and staff changing facilities. Upper Floors Further customer WC's at first floor, along with a further cellar and stores. Also at this level is a 2 bed managers flat. C 27. Edward Rutland, 77-78 High Street, Stourbridge DY8 1DX Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 586 6,307 First Ancillary 81 870 Basement Ancillary 80 861 747 8,038 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £117,000 EPC rating - E Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 2.00am Monday to Sunday Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 28. Ye Old Crown Inn, 9 Bridge Street, Stourport-on-Severn DY13 8XB SUMMARY Tenure Freehold Site Area (approx.) 1, 319 sq m (14,197 sq ft) AWT 2014/15 (net) £17,954 per week Ground Floor GIA (approx.) 469 sq m (5,043 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £499,716 £504,927 £523,600 £475,399 £518,131 Dry £254,027 £277,639 £300,013 £325,992 £380,374 Mach/Other £32,150 £34,795 £43,197 £46,672 £35,084 Total £785,894 £817,361 £866,810 £848,063 £933,590 Location Description & Accommodation Stourport on Severn is a popular and attractive town that is located 22 miles south west of Birmingham and 37 miles north of Cheltenham. A substantial detached property which is of brick construction under a pitched roof. Externally there is a beer terrace to the side overlooking the fair. Ye Old Crown Inn occupies a prominent position on Bridge Street, just north of the River Severn, west of the attractive Stourport Canal Basin and east of Riverside Meadows. Adjacent is Treasure Island, a popular tourist attraction with over 25 rides. Ground Floor Extensive trading accommodation with bar servery to one side and laid out with a variety of tables and seating. Customer WC's are also provided at this level. Basement Cellar and stores. Upper Floors At first floor is a managers office, staff changing facilities, along with 3 bed managers flat. C 28. Ye Old Crown Inn, 9 Bridge Street, Stourport-on-Severn DY13 8XB Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 469 5,043 First Ancillary Not Measured Not Measured Basement Ancillary 376 4,051 845 9,094 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £52,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1.00am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 29. 43-51 King Street, Stirling, FK8 1DN SUMMARY Tenure Heritable Site Area (approx.) 1,220 sq m (13,132 sq ft) Ground Floor GIA (approx.) 508 sq m (5,464 sq ft) Location Description & Accommodation Stirling is a busy city that is located 26 miles north-east of Glasgow and 38 miles northwest of Edinburgh. A substantial terrace of three ground floor retail units with three floors of office accommodation above contained within a mid terrace property stone construction under a pitched roof. There is a car park to the rear. The property occupies a prominent position on the western side of King Street, close to the junction of Port Street and Murray Place, which forms Stirling’s main retail pitch. Occupiers nearby include The Corn Exchange public house, The Crossed Peels public house, Ladbrokes, Gant and a range of local covenants. Brewdog are in the process of fitting out a unit nearby. The property offers significant development potential. Planning permission was granted in August 2013 for conversion to public house/restaurant and 24 bed hotel ref 12/00469/FUL/IJ. This planning permission will expire in August 2016. Further details are available upon request. Ground Floor Three vacant retail units with sales area to the front and storage areas to the rear. Upper Floors Vacant offices arranged over first, second and third floors suitable for redevelopment. C 29. 43-51 King Street, Stirling, FK8 1DN Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Retail 508 5,464 Mezzanine Office 30 323 First Office 495 5,328 Second Office 506 5,452 Third Office 503 5,414 2,042 21,981 Total Tenure Heritable Rateable Value & EPC 2010 Rateable Value - £224,950 EPC rating - In course of preparation Premises Licence Contacts The property benefits from a premises licence. Euan McGonigle Tel: 0141 204 7767 Mob: 07818 027 711 [email protected] Kathryn Bennett Tel: 0141 204 7745 Mob: 07982 717 979 [email protected] C 30. Groves Company Inn, 22-23 Fleet Street, Swindon SN1 1RQ SUMMARY Tenure Freehold Site Area (approx.) 502 sq m (5,403 sq ft) AWT 2014/15 (net) £17,328 per week Ground Floor GIA (approx.) 328 sq m (3,532 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £457,486 £480,746 £490,669 £500,722 £529,758 Dry £213,470 £221,452 £280,200 £291,175 £329,258 Mach/Other £43,765 £39,811 £36,966 £40,689 £42,049 Total £714,720 £742,008 £807,834 £832,586 £901,064 Location Description & Accommodation Swindon is a popular and densely populated town which is located approximately 25 miles south west of Oxford and 35 miles east of Bristol. A substantial mid terraced property which is of brick construction with painted and rendered elevations under a flat roof. Externally there is a beer terrace to the rear. The Groves Company Inn occupies a prominent position on Fleet Street opposite its junction with John Street. The area is densely populated with office buildings and occupiers nearby including the Lava Lounge, Casbah, Yates and Subway. Ground Floor Trading accommodation with bar servery to one side laid out with a variety of seating. Disabled WC. Upper Floors Ancillary accommodation at first floor with customer WC's, catering kitchen, beer cellar, managers office and staff room. C 30. Groves Company Inn, 22-23 Fleet Street, Swindon SN1 1RQ Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 328 3,532 First Ancillary 237 2,552 565 6,084 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £62,250 EPC rating - D Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1.00am Sunday to Thursday and 2.00am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 31. Albany Palace, 1 Park Road, Trowbridge BA14 0AT SUMMARY Tenure Freehold Site Area (approx.) 749 sq m (8,062 sq ft) AWT 2014/15 (net) £21,296 per week Ground Floor GIA (approx.) 572 sq m (6,158 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £744,897 £739,251 £690,594 £666,885 £617,886 Dry £360,728 £350,387 £363,390 £434,474 £456,184 Mach/Other £38,999 £32,460 £31,318 £29,164 £33,345 £1,144,624 £1,122,098 £1,085,302 £1,130,523 £1,107,415 Total Location Description & Accommodation Trowbridge is a historic market town in the county of Wiltshire located approximately 8 miles to the south east of Bath and 18 miles south east of Bristol. A substantial property which is of brick construction under a mix of pitched tiled and slate covered roofs. The Albany Palace is located in the heart of Trowbridge town centre just off of Market Street and close to the Castle Place Shopping Centre. Occupiers nearby include M&Co, Lloyds Pharmacy, Coffee#1 and the Isaac Pitman (JD Wetherspoon). Ground Floor Trading accommodation with centrally positioned island bar servery and a variety of tables and seating. Catering kitchen, dry store, cloak room and disabled WC. Upper Floors At first floor is the customer WC's, beer cellar, managers office and a variety of stores. C 31. Albany Palace, 1 Park Road, Trowbridge BA14 0AT Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 572 6,158 First Ancillary 243 2,620 815 8,777 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £87,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 4 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 02:30am Monday to Sunday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C 32. Dee Hotel, 44 Grange Road, West Kirby CH48 4EF SUMMARY Tenure Freehold Site Area (approx.) 1,303 sq m (14,025 sq ft) AWT 2014/15 (net) £19,948 per week Ground Floor GIA (approx.) 527 sq m (5,673 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £529,928 £577,237 £688,546 £665,428 £644,574 Dry £240,631 £241,912 £299,983 £339,067 £358,994 Mach/Other £45,154 £36,046 £34,309 £34,946 £33,744 Total £815,712 £855,196 £1,022,838 £1,039,440 £1,037,311 Location Description & Accommodation West Kirby is an affluent town located 10 miles to the east of Liverpool and 18 miles to the north of Chester. A substantial end terraced building of brick construction with striking mock Tudor façade under a series of pitched and flat roofs. To the rear is a beer terrace, private parking and outbuildings. The Dee Hotel is a prominent building situated within a retail parade in the town. Opposite is West Kirby Railway Station, the leisure centre and library. Ground Floor Trading accommodation with centrally located bar servery. Fixed and loose seating with different trading areas throughout. Customer WC's are located to rear along with catering kitchen and stores. Upper Floors Staff room, ancillary rooms together with managers flat. C 32. Dee Hotel, 44 Grange Road, West Kirby CH48 4EF Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 527 5,673 First Ancillary 251 2,702 Second Ancillary 251 2,702 Third Ancillary 141 1,517 1,170 12,594 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £79,500 EPC rating - E Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1.00am Friday and Saturday. Contacts Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 33. Bollin Fee, 6-12 Swan Street, Wilmslow SK9 1HE SUMMARY Tenure Freehold Site Area (approx.) 761 sq m (8,191 sq ft) AWT 2014/15 (net) £17,883 per week Ground Floor GIA (approx.) 538 sq m (5,789 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £726,520 £742,606 £622,596 £589,406 £574,798 Dry £238,518 £257,953 £275,187 £292,474 £322,499 Mach/Other £34,763 £39,830 £37,628 £34,759 £32,618 Total £999,801 £1,040,390 £935,410 £916,638 £929,915 Location Description & Accommodation Wilmslow is a popular and upmarket town in Cheshire that is located 11 miles south of Manchester and 10 miles east of Knutsford. A substantial traditional end terraced property of brick construction and extensive glazed elevations to ground floor level under a multi-pitched slate roof. Externally there is a beer terrace to the front and rear. The Bollin Fee occupies a prominent corner position at the crossroads of Alderley Road and Station Road. Nearby occupiers include HSBC, Royal Bank of Scotland and Miller & Carter together and a number of serviced office blocks. Ground Floor Extensive trading accommodation with bar servery to one side and laid out with a range of loose tables and booth seating. To the rear is ancillary accommodation comprising glass wash area, stores and food hoist. Basement Cellar and stores. Upper Floors Ancillary trading accommodation at first floor level with kitchens, staff areas, stores, plant room and customer WC's. C 33. Bollin Fee, 6-12 Swan Street, Wilmslow SK9 1HE Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading and Ancillary 538 5,789 First Ancillary 309 3,326 Basement Ancillary 49 526 896 9,641 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £123,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 5 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 1.00am Sunday to Wednesday and 2.00am Thursday to Saturday. Contacts Nick Huddleston Tel: 0161 233 5672 Mob: 07791 251 745 [email protected] Julian Such Tel: 0161 233 5654 Mob: 07939 084 047 [email protected] C 34. Sir Timothy Shelley, 49 Chapel Road, Worthing BN11 1EG SUMMARY Tenure Freehold Site Area (approx.) 402 sq m (4,331 sq ft) AWT 2014/15 (net) £16,272 per week Ground Floor GIA (approx.) 324 sq m (3,486 sq ft) NET SALES 2010/11 2011/12 2012/13 2013/14 2014/15 Wet £618,043 £556,961 £498,596 £500,070 £548,273 Dry £192,208 £218,311 £237,950 £263,248 £267,719 Mach/Other £40,990 £36,968 £25,957 £27,753 £30,135 Total £851,242 £812,240 £762,503 £791,071 £846,127 Location Description & Accommodation Worthing is a popular town that is located 10 miles west of Brighton and 18 miles east of Chichester. A substantial mid terraced property which is of concrete construction with painted and rendered elevations under a flat roof. The Sir Timothy Shelly occupies a prominent position on Chapel Road next to its junction with Liverpool Gardens. Occupiers nearby include Maplin, The Three Fishes and Bar Release. Ground Floor Trading accommodation with central bar servery to one side and laid out with a variety of tables and seating. Customer WC's are also provided at this level, in addition to a conservatory. Upper Floors Ancillary accommodation at first floor with catering kitchen, beer cellar, managers office and staff room. C 34. Sir Timothy Shelley, 49 Chapel Road, Worthing BN11 1EG Floor Areas The property has the following approximate gross internal areas: FLOOR DESCRIPTION SQ.M SQ.FT Ground Trading 324 3,486 First Ancillary 220 2,367 Second Ancillary 200 2,158 744 8,010 Total Tenure Freehold Rateable Value, EPC & Food Hygiene Rating 2010 Rateable Value - £84,000 EPC rating - In course of preparation Food Standards Agency Food Hygiene Rating - 4 Premises Licence The property benefits from a premises licence permitting the sale of alcohol until 12.30am Sunday to Thursday and 1.30am Friday and Saturday. Contacts Paul Breen Tel: 020 7182 2398 Mob: 07767 873 353 [email protected] Joseph Skinner Tel: 020 3257 6187 Mob: 07814 727 811 [email protected] C