A portfolio of 34 public houses for sale
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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 Excellent town and city centre High volume outlets Strong food element
and 7 leasehold outlets locations on established generating total net sales in representing 34% of turnover
A3/A4 circuits excess of £38 million in 2014/15
Of interest to existing
Average net turnover per Large sites which have a very
Landmark character buildings operators, new entrants,
pub of £22,273 per week high standard of fit out
investors and developers
3
Property Schedule & Locations
REF PUB NAME ADDRESS TOWN POSTCODE TENURE RENT PA EXPIRY
1 Banker's Draft 115-117 High Street Bedford MK40 1NU Freehold - -
2 Auctioneer 235-237 Lytham Road Blackpool FY1 6ET Freehold - -
3 Sir Thomas Mildmay 77 French's Walk Chelmsford CM2 6QR Leasehold £130,000 18 Sep 2025
4 Forest House 1 Love Street Chester CH1 1QY Freehold - -
5 Thomas Leaper 27 Iron Gate Derby DE1 3GL Leasehold £72,563 09 Jun 2039
6 Milson Rhodes 1d School Lane Didsbury M20 6RD Leasehold £88,125 07 Jul 2024
7 Old Angel Cleveland Street Doncaster DN1 3EF Freehold - -
8 Capitol 7-9 Seagate Dundee DD1 2EG Heritable - -
9 Picture Palace Lincoln Road Enfield EN3 4AQ Long Leasehold Peppercorn 12 Jun 2099
10 Society Room 151 West George Street Glasgow G2 2JJ Leasehold £218,025 06 Jan 2037 8
11 Water Poet 61-63 Eastgate Street Gloucester GL1 1PN Freehold - - 29
12 Earl of Zetland Bo'Ness Road Grangemouth FK3 8AF Heritable - - 12
10
13 Plough and Harrow 120-124 King Street Hammersmith W6 0QU Leasehold £169,500 23 Jun 2036 17
14 Red Lion 2 Derby Road Heanor DE75 7QG Freehold - -
15 Zachariah Pearson 386 Beverley Road Hull HU5 1LN Freehold - -
16 Lattice House Chapel Street King's Lynn PE30 1EG Long Leasehold £100 27 Jun 2107
17 Clydesdale Inn 15 Bloomgate Lanark ML11 9ET Heritable - -
18 Lime Kiln 1 Fleet Street Liverpool L1 4AN Long Leasehold Peppercorn 31 Dec 3000
19 Twitchel Inn Howitt Street Long Eaton NG10 1ED Freehold - -
20 Courthouse Marketplace Mansfield NG18 1HX Long Leasehold £6 21 Jun 2840
21 Secklow Hundred 316 Midsummer Boulevard Milton Keynes MK9 1EA Leasehold £90,000 24 Dec 2035 2
15
22 John Capel Hanbury 130-131 Osborne Road Pontypool NP4 6LT Long Leasehold Peppercorn 04 Feb 2102 6
23 Trafalgar Trafalgar House, Portsmouth PO1 1DE Freehold - - 18 7
32 33 25
16 Edinburgh Road 4 26
24 Rocket Putney Wharf Tower, Putney SW15 2JQ Leasehold £150,500 17 Dec 2039 20
14
Brewhouse Lane 5
19
25 Corn Law Rymer 35-37 High St Rotherham S60 1PT Freehold - - 16
26 Swim Inn 217-231 Glossop Road Sheffield S10 2GW Long Leasehold £250 31 Dec 2110 27
27 Edward Rutland 77-78 High Street Stourbridge DY8 1DX Freehold - - 28
1
28 Ye Old Crown Inn 9 Bridge St Stourport-on- DY13 8XB Freehold - - 22 21
Severn 11 3
2
29 Proposed Pub & 43-51 King Street Stirling FK8 1DN Heritable - - 30 9
Hotel Site 13
31 24
30 Groves Company Inn 22-23 Fleet St Swindon SN1 1RQ Freehold - -
31 Albany Palace 1 Park Rd Trowbridge BA14 0AT Freehold - - 34
23
32 Dee Hotel 44 Grange Rd West Kirby CH48 4EF Freehold - -
33 Bollin Fee 6-12 Swan St Wilmslow SK9 1HE Freehold - -
34 Sir Timothy Shelley 49 Chapel Rd Worthing BN11 1EG Freehold - -
4
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.
NUMBER OF PUBS TURNOVER PER PUB
OPERATOR AT YEAR END (WEEKLY NET)
Mitchells & Butlers (inc Orchid) 1,775 £23,000
Marston's 372 £20,000
Greene King (Managed) 1,060 £18,000
Spirit Pub Company (now part of Greene King) 774 £18,000
Stonegate Pub Co (excluding Maclay & TCG) 623 £17,000
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
£5,000,000 26% 27% 29% 32% 34%
£0
2010/11 2011/12 2012/13 2013/14 2014/15
Source: JD Wetherspoon Total Sales Food Sales
6
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
Albany Palace, Trowbridge
and were sold to Star Pubs & Bars, Marston’s and Hall & Woodhouse.
*** 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%
10.00%
8.00%
Yields
6.00%
4.00%
2.00%
0.00%
Q1 2007
Q3 2007
Q1 2008
Q3 2008
Q1 2009
Q3 2009
Q1 2010
Q3 2010
Q1 2011
Q3 2011
Q1 2012
Q3 2012
Q1 2013
Q3 2013
Q1 2014
Q3 2014
Q1 2015
Q3 2015
Prime London Corporate Pub London Independent Pub
Prime Regional Corporate Pub Regional Independent Pub
CBRE UK Monthly All Property Initial Yield
Twitchel Inn, Long Eaton The increased activity in both the operational and investment markets underlines the
strength of the pub sector at the current time.
8
The Opportunity & Expressions of Interest
THE OPPORTUNITY
The portfolio represents an extremely rare opportunity to acquire a portfolio of high All individual property enquiries should be directed to the relevant CBRE office, details
volume managed houses that have a strong freehold/long leasehold mix and a high of which are provided on the individual property details. For all group enquiries
proportion of food sales. 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 Paul Breen Andrew Watt
investors keen to gain further representation in the sector. Senior Director – Specialist Markets Senior Director – Specialist Markets
CBRE London CBRE Leeds
Our clients are willing to consider offers for the entire portfolio, groups of properties or Tel: 020 7182 2398 Tel: 0113 394 8819
individual units. They also may be prepared to consider granting occupational leases in Mob: 07767 873353 Mob: 07778 149230
certain instances on those units which are held freehold or long leasehold, subject Email: paul.breen@cbre.com Email: andrew.watt@cbre.com
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
Further Information & Disclaimer
VIEWING ARRANGEMENTS DISCLAIMER: CBRE LIMITED
Interested parties are asked to undertake discreet customer visits in the first instance. All CBRE Limited on its behalf and for the Vendors or Lessors of this property who’s Agents
formal viewings must be arranged by prior appointment via CBRE and under no they are, give notice that:
circumstances should any direct approach be made to any of our client’s staff.
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
DATA SITE
2. Details are given without any responsibility and any intending Purchasers, Lessees or
A data site which includes legal and title documentation, premises licences, licensing Third Parties should not rely on them as statements or representations of fact, but must
drawings and asbestos registers is available at www.jdwdisposals.com. satisfy themselves by inspection or otherwise as to the correctness of each of them
STAFF 3. No person in the employment of CBRE Limited has any authority to make any
representation or warranty whatsoever in relation to this property
Staff will be transferred with the pubs upon completion in accordance with the
TUPE regulations. 4. Unless otherwise stated, all prices and rents are quoted exclusive of VAT
The material provided by us is intended for the sole use of the person or firm to whom it is
FIXTURES AND FITTINGS provided. Any reproduction or distribution of this overview, in whole or in part, or the
All fixtures and fittings with the exception of leased and branded items are available to be disclosure of its contents, without our prior written consent is prohibited.
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
Trading Information 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
Although outline trading information has been made available, the information provided is has not been independently verified and are based upon certain assumptions, and
unaudited and is for information purposes only. No trade will be sold or warranted. Sales analysis of information available as at the date of this document, and reflects prevailing
figures are net of VAT. conditions, and our views as of the date of the document, all of which are accordingly
Approximate Floor & Site Areas subject to change at any time without notice, and we are not under any obligation to notify
you of any of these changes.
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 November 2015
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.
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. 10Individual 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 33. Wimslow - Bollin Fee
Pearson 34. Worthing - Sir Timothy Shelley
16. King’s Lynn - Lattice House
17. Lanark - Clydesdale Inn
18. Liverpool - Lime Kiln
111. 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
Total £1,012,243 £923,314 £971,896 £1,037,256 £1,059,867
Location Description & Accommodation
Bedford is a popular town located 17 miles east of Milton Keynes and 20 miles north of A substantial terraced property which is of steel frame construction with painted and
Luton. rendered elevations under a flat roof. Externally there is a beer terrace to the rear.
Ground Floor
The Banker's Draft occupies a busy position on High Street, close to its junction with the Trading accommodation with bar servery to one side laid out with a variety of tables
A4280. Occupiers nearby include Barclays, Subway, Lidl and Pad Nightclub. 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.
C1. 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
Total 730 7,854
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Paul Breen Joseph Skinner
2:00am Sunday to Thursday and 3.00am Friday and Saturday. Tel: 020 7182 2398 Tel: 020 3257 6187
Mob: 07767 873 353 Mob: 07814 727 811
paul.breen@cbre.com joseph.skinner@cbre.com
C2. 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 A substantial mid terraced property of brick construction with part stone and part
miles north west of Manchester. 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 Ground Floor
main arterial routes into Blackpool town centre. Lytham Road is a busy high street with a Extensive open plan trading accommodation with a variety of tables and seating with a
range of national retailers including Tesco, KFC and A3 uses including Taj Mahal, Ma bar servery to one side. Ancillary accommodation includes catering kitchen, a range of
Kelly's and Albert's. 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.
C2. 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
Total 616 6,637
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Nick Huddleston Julian Such
Midnight Sunday to Thursday and 12.30am Friday and Saturday. Tel: 0161 233 5672 Tel: 0161 233 5654
Mob: 07791 251 745 Mob: 07939 084 047
nick.huddleston@cbre.com julian.such@cbre.com
C3. 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
Total £1,045,410 £1,047,675 £1,125,467 £1,205,241 £1,316,253
Location Description & Accommodation
Chelmsford is a thriving town that is located 32 miles north east of London and 23 miles A substantial semi-detached property which is of steel frame construction with glazed
south east of Colchester. elevations under a flat roof.
Ground Floor
Trading accommodation with bar servery to the rear, laid out with a variety of tables
The Thomas Mildmay occupies a prominent position, adjacent to the River Chelmer, in
and seating. Disabled WC.
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. 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.
C3. 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
Total 862 9,279
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 Paul Breen Joseph Skinner
1.00am Sunday to Thursday and 2.00am on Friday and Saturday. Tel: 020 7182 2398 Tel: 020 3257 6187
Mob: 07767 873 353 Mob: 07814 727 811
paul.breen@cbre.com joseph.skinner@cbre.com
C4. 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
Total £1,382,429 £1,379,117 £1,458,894 £1,538,619 £1,566,413
Location Description & Accommodation
Chester is an attractive and popular tourist destination that is located 20 miles to the A substantial Georgian townhouse with brick elevations set under a multi-pitched slate
south of Liverpool and 40 miles to the south west of Manchester. 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 Ground Floor
the junction of Love Street and Foregate Street. Nearby Occupiers include Primark, Steps or a lift provides access to the substantial upper ground floor trading area with
Revolution and Café Nero 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.
C4. 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
Total 1,431 15,403
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Nick Huddleston Julian Such
12.30am on Sunday and 2.00am Monday to Saturday. Tel: 0161 233 5672 Tel: 0161 233 5654
Mob: 07791 251 745 Mob: 07939 084 047
nick.huddleston@cbre.com julian.such@cbre.com
C5. 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
Total £1,181,520 £1,289,703 £1,379,108 £1,404,499 £1,416,475
Location Description & Accommodation
Derby is a busy city that is located 15 miles west of Nottingham and 30 miles north west A substantial semi-detached property which is of stone and brick construction under a
of Leicester. pitched roof.
Ground Floor
The Thomas Leaper occupies a prominent position on Iron Gate and is in close Trading accommodation with bar servery to one side and laid out with a variety of
proximity to Derby Cathedral. Occupiers nearby include The Standing Order and tables and seating. Customer WC's are also provided at this level.
Walkabout.
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.
C5. 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
Total 712 7,656
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 Andrew Watt James Brindley
1.00am Sunday to Wednesday and 2.00am Thursday to Saturday. Tel: 0113 394 8819 Tel: 0113 394 8771
Mob: 07778 149 230 Mob: 07341 661 699
andrew.watt@cbre.com james.brindley@cbre.com
C6. 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 A substantial detached two storey public house of brick construction under a hipped
south of Manchester and 28 miles north of Crewe. 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 Ground Floor
main high street. Nearby occupiers include M&S Food, Nationwide, Costa Coffee, Cau, Open plan trading accommodation with a variety of loose tables and stool seating. A
Slug & Lettice and Croma. 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.
C6. 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
Total 419 4,514
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 Nick Huddleston Julian Such
11:30am Sunday to Thursday and 12.30am Friday and Saturday. Tel: 0161 233 5672 Tel: 0161 233 5654
Mob: 07791 251 745 Mob: 07939 084 047
nick.huddleston@cbre.com julian.such@cbre.com
C7. 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 A substantial semi-detached property which is of brick construction under a slate
Sheffield and 36 miles south of Leeds. pitched roof.
Ground Floor
The Old Angel occupies a corner position on Cleveland Street off High Street. Trading accommodation with bar servery to one side and laid out with a variety of
Occupiers nearby include The St Leger Tavern and The Gate House bar. 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
C7. 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
Total 536 5,774
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Andrew Watt James Brindley
12.30am Sunday, midnight Monday and Wednesday and 2am on Tuesday, Thursday, Tel: 0113 394 8819 Tel: 0113 394 8771
Friday and Saturday. Mob: 07341 661 699
Mob: 07778 149 230
andrew.watt@cbre.com james.brindley@cbre.com
C8. 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
Total £1,245,039 £1,298,345 £1,259,178 £1,137,831 £1,122,099
Location Description & Accommodation
Dundee is Scotland's fourth largest city, located 63 miles north of Edinburgh and 65 A substantial corner property which is of stone construction under a pitched roof.
miles south of Aberdeen.
Ground Floor
Trading accommodation at lower ground floor comprising a variety of seating. The
The Capitol occupies a prominent corner position on the east side of Seagate, at the upper ground floor has a linear bar servery, a variety of seating and bottle store.
junction with Gellatly Street and to the north of the junction with Commercial Street. The Disabled WC.
location forms part of an established leisure pitch in the City Centre with occupiers
nearby including Cask & Cork and Tickety Boo's. 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.
C8. 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
Total 775 8,342
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Euan McGonigle Kathryn Bennett
midnight Sunday to Wednesday and 2.30am Thursday to Saturday. Tel: 0141 204 7767 Tel: 0141 204 7745
Mob: 07818 027 711 Mob: 07982 717 979
euan.mcgonigle@cbre.com kathryn.bennett@cbre.comom
C9. 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 A corner property which is of brick construction with painted and rendered elevations
5 miles south of Cheshunt. under a pitched roof. Externally there is a beer terrace to the side.
Ground Floor
The Picture Palace fronts the A1010, running between the North Circular and the M25 Trading accommodation with bar servery to the rear and laid out with a variety of tables
and close to Ponders End Recreation Ground. Occupiers nearby include Asda, and seating. Customer WC's, a catering kitchen, managers office and cellar are also
Poundland, Farmfoods and Poundstretcher. provided at this level.
Upper Floors
Ancillary accommodation at first floor with a staff area and 2 bed managers flat.
C9. 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
Total 686 7,382
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Paul Breen Joseph Skinner
12.30am Sunday to Thursday and 1.30am on Friday and Saturday. Tel: 0207182 2398 Tel: 020 3257 6187
Mob: 07767 873353 Mob: 07814 727 811
paul.breen@cbre.com joseph.skinner@cbre.com
C10. 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
Total £2,134,404 £2,155,865 £2,114,087 £1,996,272 £1,894,697
Location Description & Accommodation
Glasgow is Scotland's largest city, benefitting from a retail and leisure catchment of in A substantial mid terrace property which is of stone construction. The public house
excess of 2 million people within a 20 minute drive time 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 Ground Floor
George Street between the junctions with Hope Street and Renfield Street, in Glasgow's Trading accommodation with curved bar servery to one side and laid out with a variety
Central Business District. Occupiers nearby include The Merchant, Blue Dog and La of tables and seating. Disabled WC. Extensive catering kitchen.
Tasca.
Basement
Cellar, stores, plant room, staff room and customer WC's.
C10. 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
Total 983 10,580
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Euan McGonigle Kathryn Bennett
midnight Sunday to Thursday and 2am on Friday and Saturday. Tel: 0141 204 7767 Tel: 0141 204 7745
Mob: 07818 027 711 Mob: 07982 717 979
euan.mcgonigle@cbre.com kathryn.bennett@cbre.com
C11. 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 A substantial detached property which is of brick construction with painted and
of Bristol. 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 Ground Floor
with the pedestrianised centre of the City and the main shopping area of the Eastgate Trading accommodation with bar servery to one side and laid out with a variety of
Centre. Occupiers nearby include Mecca Bingo, Argos, Boots and Primark. 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.
C11. 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
Total 699 7,525
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Paul Breen Joseph Skinner
Midnight Sunday to Wednesday and 1.00am Thursday to Saturday. Tel: 0207182 2398 Tel: 020 3257 6187
Mob: 07767 873353 Mob: 07814 727 811
paul.breen@cbre.com joseph.skinner@cbre.com
C12. 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 A substantial semi detached property which is of stone construction under a pitched,
miles east of Glasgow and 26 miles west of Edinburgh. slate roof.
Ground Floor
The Earl of Zetland occupies a prominent position on the south side of Bo'ness Road at Trading accommodation with linear servery to the rear and laid out with a variety of
the junction with Station Road. The property is opposite the Town Hall and adjacent to seating. Disabled WC.
La Porte Precinct, the town's main retail thoroughfare.
Upper Floors
Ancillary accommodation at first floor with customer WC's, catering kitchen, beer
cellar, managers office and staff room
C12. 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
Total 599 6,447
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Euan McGonigle Kathryn Bennett
Midnight Sunday to Thursday and 1.00am Friday and Saturday. Tel: 0141 204 7767 Tel: 0141 204 7745
Mob: 07818 027 711 Mob: 07982 717 979
euan.mcgonigle@cbre.com kathryn.bennett@cbre.com
C13. 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
Total £1,216,962 £1,288,241 £1,317,502 £1,363,476 £1,405,468
Location Description & Accommodation
Hammersmith is an affluent and densely populated suburb 5 miles west of Central A substantial corner property which is of brick construction. The public house occupies
London, to the north of Fulham and east of Chiswick. 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, Ground Floor
directly opposite the junction with Macbeth Street. 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.
C13. 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
Total 643 6,921
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 Paul Breen David Muslin
Midnight Monday to Sunday. Tel: 0207182 2398 Tel: 020 7182 2524
Mob: 07767 873353 Mob: 07766 733 718
paul.breen@cbre.com david.muslin@cbre.com
C14. 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 A substantial detached corner property which is of brick construction under a slate
of Derby. pitched roof. Externally there is a small terrace to the side.
Ground Floor
The Red Lion occupies a corner position on Derby Road at its junction with Market Trading accommodation with bar servery to one side and laid out with a variety of
Street. Occupiers nearby include the newly opened King of Prussia public house. 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.
C14. 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
Total 284 3,050
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 Andrew Watt James Brindley
12.30am Sunday to Thursday and 1am on Friday and Saturday. Tel: 0113 394 8819 Tel: 0113 394 8771
Mob: 07778 149230 Mob: 07341 661 699
andrew.watt@cbre.com james.brindley@cbre.com
C15. 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 A substantial semi-detached property which is of brick construction under a slate
east of Leeds. pitched roof. Externally there is a beer terrace to the front.
Ground Floor
The Zachariah Pearson occupies a busy position on Beverley Road. Occupiers nearby Trading accommodation with bar servery to one side and laid out with a variety of
include The Sleepers bar and The Bevvy bar. tables and seating. Disabled WC.
Basement
Cellar and stores.
Upper Floors
At first floor are the customer WC's and catering kitchen.
C15. 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
Total 376 4,055
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Andrew Watt James Brindley
12.30am Sunday to Thursday and 2am on Friday and Saturday. Tel: 0113 394 8819 Tel: 0113 394 8771
Mob: 07778 149 230 Mob: 07341 661 699
andrew.watt@cbre.com james.brindley@cbre.com
C16. 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 A substantial detached property which is of brick construction with part painted and
of Cambridge. rendered elevations under a pitched roof. Externally there is a beer terrace to the rear.
Ground Floor
The Lattice House occupies a prominent position on Chapel Street next to its junction Trading accommodation with central bar servery and laid out with a variety of tables
with Market Lane and close to Market Place. Occupiers nearby include Nandos, Prezzo, and seating. Customer WC's and a catering kitchen are also provided at this level.
Café Nero, Tudor Rose Hotel, The Duke's Head and The Maids Head.
Upper Floors
Additional trading accommodation at first floor with ancillary staff facilities.
C16. 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
Total 587 6,315
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Paul Breen Joseph Skinner
12:30am Sunday to Thursday and 1.00am Friday and Saturday. Tel: 020 7182 2398 Tel: 020 3257 6187
Mob: 07767 873 353 Mob: 07814 727 811
paul.breen@cbre.com joseph.skinner@cbre.com
C17. 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 A substantial semi detached property which is of stone construction under a pitched
33 miles south west of Edinburgh. roof. There is a car park to the rear for 12 vehicles.
Ground Floor
The Clydesdale Inn occupies a prominent position on the south side of Bloomgate, close Trading accommodation with central bar servery and laid out with a variety of tables
to the junction with Hope Street and the Church of Scotland. Occupiers nearby include and seating. There is a separate dining area to the rear and a fully equipped kitchen.
Bank of Scotland and The Wallace Cave public house. 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.
C17. 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
Total 1,119 12,046
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 Contacts
The property benefits from a premises licence permitting the sale of alcohol until Euan McGonigle Kathryn Bennett
1.00am Monday to Sunday. Tel: 0141 204 7767 Tel: 0141 204 7745
Mob: 07818 027 711 Mob: 07982 717 979
euan.mcgonigle@cbre.com kathryn.bennett@cbre.com
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