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Market Place, Southwold, Suffolk, IP18

£2,083 pcm
£25,000 pa

£32.81 per sq ft

Business rates & charges may apply

Fennel Chartered Surveyors, Halesworth
SIZE AVAILABLE

762 sq ft

71 sq m

SECTOR

Restaurant to lease

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and A4 Drinking Establishments

A1, A3, A4

Lease details

Lease available date:
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Key features

  • Central location
  • Prime position
  • Restaurant use
  • Existing business
  • Premium for F&F £80,000

Description

LOCATION
Southwold is an extremely popular North Suffolk coastal town approximately 36 miles North East of Ipswich, 30 miles South East of Norwich and 4 miles from the A12 trunk road which links Great Yarmouth and London.
Home to brewery, pubs and hotels group Adnams plc Southwold boasts a thriving community which benefits from a substantial tourist influx throughout the year.
 
DESCRIPTION
The building is located in the prime section of the Market Place, with a return frontage down Child's Yard. The High Street runs into the Market Place, and has many multiple retailers including, Seasalt, Saltrock Quba, Fairfax & Favor, Crew, Weird fish, Fat Face, Tesco, Joules and other high profile independent retailers including Collen & Clare.

DESCRIPTION
Located on the most popular part of Southwold High Street, this charming restaurant offers a 28 seater dining area, and accessible facilities along with has a fully fitted basement kitchen.
The current operator focuses on burgers and grills, with strong potential to expand into breakfast, brunch, and afternoon coffee's to the plentiful passing trade throughout the week and weekend.
This business is Ideal for anyone looking to operate the new and only fast-food concept in Southwold or take over an established, lifestyle-focused business in a prime location of the High Street.

This is a perfect fit for someone who wants to have their own restaurant and due to seasonality it offers a perfect work/life balance.
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ACCOMMODATION
The property has the following approximate internal retail dimensions :

Retail area 45.80qm (493sqft)
Basement 24.99sqm (269sqft)


SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Selling Agents.

LOCAL AUTHORITY
Suffolk Coastal District Council, Marina, Lowestoft, NR32 1HH Tel
Rateable Value - £25,750

EPC
EPC Energy Performance Certificate is Band C (63)

LICENCE
The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licencing Act 2003 that properties retailing alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take the appropriate specialist advice.

FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.

Brochures

Market Place, Southwold, Suffolk, IP18

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brampton Station7.5 miles

About Fennel Chartered Surveyors, Halesworth

6 Market Place, Halesworth, IP19 8BA

Fennel has been operating as an independent niche practice for over 15 years giving professional advice on investment and development opportunities, throughout Europe, the UK and East Anglia.

Notes

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Disclaimer - Property reference jacksouthwold. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fennel Chartered Surveyors, Halesworth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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