George

52 High Street, Hadleigh, Ipswich, Suffolk, IP7 5AL

Gallery

(Click to enlarge)

prev next

Pub overview

The George is a lovely old listed coach house that enjoys a prominent position on Hadleigh High Street. There is Potential for investment here.

Rarely available, the George is an historic part of Hadleigh and offers the successful applicant the chance to add to the history books. The pub has a separate dining area with the main drinking space facing the high street. The ideal spot to watch the world go by. The rear of the property contains a large courtyard garden and car park.

The George is made up of a good sized drinkers area to the front of the pub. To the rear is a well proportioned dining area which leads directly into the kitchen. The outside consists of a large courtyard and parking area. Upstairs has a large function room and private accommodation areas.

Trade space
Bars 1
Car park spaces 20
Dining rooms 1
Food covers 75
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

The private accommodation consists of 3 bedrooms, a bathroom, an office and a kitchen area. These could be converted into letting accommodation with the relevant permissions.

Private space
Private Rooms 7
Double bedrooms 3
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £46,000 per annum
Weekly rent £884.62 per week fixed
Notes

£46,000.00 per annum, £884.62 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £14,850 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Fixture and fittings are still to be valued*

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £0 Working capital £6,000
Other costs £1,200 Total entry cost £14,850

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 336 3,608 8,208
2015/16 335 3,534 7,172
2014/15 338 3,497 6,666
Volume notes

Location

Hadleigh is an ancient market town and civil parish in South Suffolk, East Anglia. It is situated next to the River Brett, between the larger towns of Sudbury and Ipswich.

Facilities

Trade bar
Car park
Dining area
Function room
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday to Wednesday: 09:00hrs - 00:30hrs Thursday to Saturday: 09:00hrs - 01:30hrs Sunday: 09:00hrs until 00:00hrs

Contact Us

Lee Jarvis

Business Development Manager

Call us today 01284 714 497

Apply online
“ The George is a charming old world coaching house, situated in a prime position halfway along Hadleigh High Street. There is a large car park and a courtyard to the rear and a number of options for the new publican to consider. ”