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
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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
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29
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12
17
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32
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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]
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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.
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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]
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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.
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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]
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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.
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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]
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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.
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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]
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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.
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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.
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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]
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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.
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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]
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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.
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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]
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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.
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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]
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