The Galley, Market Hill, Woodbridge, Suffolk

Offer in excess of

£950,000

Size

2,300

Tenure

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EPC

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Parking

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Primary use
Restaurant

Key features

  • Restaurant opportunity
  • Central location
  • Redevelopment potential (STPP)
  • Period features

Description


LOCATION
The premises are situated in a highly prominent position on the Market Hill, where a mix of  shops and restaurants surround the 17th Century Shire Hall.  Nearby is The Thoroughfare, also with a variety of shops, restaurants and cafes.  The local train station, swimming pool and sport hall, the beautiful tidal River Deben, Bass's Dock and the Tide Mill marina are all close by within easy walking distance.  Woodbridge also offers a good choice of schooling in both the state and private sectors.
The popular Heritage Coastline destinations of Orford and Aldeburgh are approximately 10 miles and 15 miles respectively. The County Town of Ipswich is approximately 10 miles to the south-west, which has a population of approximately 150,000.

DESCRIPTION
Arguably located in the most attractive part of the town, The Galley has been a centre of Woodbridge life for many years.
The entrance leads into the bar and open restaurant area overlooking the market place through a large bow window.

Ground 91.87sqm (989sqft)
First 88.80sqm (956sqft)
Basement 33.00sqm (355sqft)
TOTAL 213.67sqm (2,300sqft)

Other occupiers within Market Hill include Moose, Woodbridge Violins, Homespun, Strawberry Café, The Kings Head, Hair @ Rackhams, Chenevix Trench jewellers, Fanny & Frank, Darcy B and two local estate agents.

The Restaurant:
The restaurant is arranged over 3 floors with a variety of open, secluded and private dining options to suit the time of day and number of diners.
There is a capacity for 120 covers, with additional outside space at the front of the building along with an agreement in the summer to use the public space on the Market Place.
Private dining is available in the cellar, and also on the first floor in a secluded spacious room with a timbered ceiling. These areas offer a wonderfully personal and individual dining experience.
There is scope to expand the business and open more than the current 2 days that the owners have currently choose to do.

NOTE: The building is GRADE II LISTED

The Restaurant:
The restaurant is arranged over 3 floors with a variety of open, secluded and private dining options to suit the time of day and number of diners.
There is a capacity for 120 covers, with additional outside space at the front of the building along with an agreement in the summer to use the public space on the Market Place.
Private dining is available in the cellar, and also on the first floor in a secluded spacious room with a timbered ceiling. These areas offer a wonderfully personal and individual dining experience.
There is scope to expand the business and open more than the current 2 days that the owners have currently choose to do.

NOTE: The building is GRADE II LISTED


PRICE
Offers of £950,000 are invited for the freehold interest of this property. (All fixtures and fittings are included, however the stock is excluded and will be valued at the time of sale)

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.

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 Letting Agents.

LOCAL AUTHORITY
East Suffolk Council, Marina, Lowestoft, NR32 1HH
Tel
Rateable Value - £25,500

EPC
EPC Energy Performance Certificate is Band B (48)











Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
4
Energy performance certificate: Ask agent

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Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

The Galley, Market Hill, Woodbridge, Suffolk

NEAREST STATIONS

National Rail

Woodbridge Station

0.36 miles

National Rail

Melton Station

1.27 miles

National Rail

Wickham Market Station

5.37 miles

About Fennel Chartered Surveyors, Halesworth

Fennel Chartered Surveyors, Halesworth

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.

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