Under Offer

Station Hotel

Burrell Road, Ipswich, Suffolk, IP2 8AJ

Gallery

(Click to enlarge)

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Pub overview

The Station Hotel is located opposite Ipswich Train Station and within close proximity to Ipswich Town FC. Following a successful pub refurbishment in 2016 we are now looking to invest in the 14 letting rooms above the pub.

The Station Hotel consists of 14 letting rooms which are currently closed pending investment. The pub has a large open plan trading area and a basement bar overlooking the River Orwell. With its own parking for 10 vehicles the hotel is well served to offer tourist, commuters and supporters and is a great place to visit whilst traveling to this historic Suffolk Town. The hotel trade space has undergone a full period of refurbishment within the past few years; however there is still scope to add to this with potential to upgrade the letting rooms and the basement bar area/terrace.

The main trading area is a refurbished open plan space. There is a central island bar which offers views of the River and Ipswich Town FC stadium. This also contains a large feature fireplace and modern contemporary décor. Accessed from street level directly opposite the Train Station.

Trade space
Bars 1
Car park spaces 10
Dining rooms 1
Food covers70
Gardens 1
Trade kitchens 1
Rooms to let 14
Patio areas 1

The private accommodation is in good condition.

Private space
Private Rooms5
Lounge1
Double bedrooms1
Private Kitchen1
Bathrooms1
Toilets1

Rent information

Annual rent£35,000 per annum
Weekly rent£673.08 per week fixed
Notes

£35,000.00 per annum, £673.08 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 £37,650 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). *Please note an assisted purchase may be available for the right operator so the F&F costs could be reduced to £5,000*

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£20,000Working capital£5,000
Other costs£5,000Total entry cost£37,650

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/182421014,629
2016/1723154,521
2015/16219143,933
Volume notes

Location

Ipswich is the county town of Suffolk, England, located on the estuary of the River Orwell, about 60 miles north east of London. The town has been continuously occupied since the Saxon period, and its port has been one of England's most important for the whole of its history. With its great links to the A12 and A14 in addition to some large retail parks nearby, the Station Hotel offers an opportunity to capitalise on the large number of visitors to this area.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Letting rooms
Trade patio

Current premises licence opening hours

Sunday - Thursday - 06:00hrs - 00:30hrs Friday - Saturday - 05:30hrs - 01:00hrs

Contact Us

Phil Arnold

Operations Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Station Hotel sits adjacent to Ipswich train station, being the main point of call for commuters. It is currently the main away team pub of choice when playing against Ipswich Town FC due to its proximity to the train station and the football stadium. There are 14 letting rooms which are currently not in use, but a proposed investment is in place. The main trading area has undergone a period of redecoration within the past couple of years and offers a great, open plan relaxed environment to enjoy a drink or a bite to eat. There is a basement bar area which leads out onto the terrace and grassland to the side of the river. ”