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Agent's details

Compass Inn, Ipswich Road

For sale: POA|0.23 Acre|Pubs/Bars/Clubs, Licensed & Leisure

Property details

FOR SALEPOA
SIZE0.23 Acre
ADDRESSCompass Inn, Ipswich Road, Holbrook, Ipswich, IP9 2QR
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON13th September 2021

Description

Key Points

  • Freehold public house for sale
  • Managers accommodation comprising 5 double rooms at first floor
  • Vacant possession available on completion
  • Car parking to the front elevation
  • Large beer garden
  • Site extends to 0.09 hectares (0.23 acres)
  • Guide price £500,000
  • Summary

    The Compasses comprises a detached two storey building, above basement building. Freehold for sale, guide price £500,000 .

    Description

    The Compasses comprises a detached two storey building, above basement, with painted rendered elevations beneath a pitched clay tiled roof. To the front elevation is parking for five vehicles and to the side elevation is a single storey outbuilding. There is external seating to the front elevation for 30 customers with the beer garden to the side elevation providing seating for an additional 68 customers.

    Viewings

    The property is currently closed so all viewings must be arranged strictly by appointment with the sole agents Savills.

    Location

    The property is located in the village of Holbrook approximately 5.9 miles (9.5 kilometres) to the south of Ipswich. Nearby locations include Colchester 16.0 miles (25.6 kilometres) to the south west, Felixstowe 16.6 miles (26.6 kilometres) to the east and Clacton-on-Sea 21.2 miles (33.9 kilometres) to the south. The property occupies a prominent roadside location on the B1080 Ipswich Road and the surrounding area is semi-rural in character. Local facilities include East of England Co-op, Swan pub, Holbrook and Shotley Surgery and Holbrook Methodist Church. The Compasses fronts the B1080 which joins the A14 to the north and provides access to Bury St Edmunds to the north west and Felixstowe to the east. Ipswich train station is located approximately 5.8 miles (9.3 kilometres) to the north and offers regular services to London Liverpool Street, Norwich and Cambridge in 1 hour 14 minutes, 43 minutes and 1 hour 22 minutes respectively.

    Accommodation

    The ground floor comprises an open plan trading area with bar servery opposite the main entrance and seating on loose tables, chairs and fixed booth seating for 70 customers. The ladies and gentlemen toilets are located to the left of the bar servery with the trade kitchen to the rear of the ground floor. The basement is accessed from the main trading area and comprises a beer cellar. The first floor is accessed from an internal staircase and comprises five double bedrooms (one en-suite), office, kitchen and separate bathroom. The site extends to approximately 0.09 hectares (0.23 acres). A parcel of land to the north of the pub, outlined in blue on the Ordnance Survey plan, is to be excluded from the sale. The land outlined in red shows the revised boundary that is being offered for sale.

    Guide Price

    Offers are invited in the region of £500,000 for the benefit of our clients’ freehold interest with vacant possession.

    Rating

    The subject property is listed in the 2017 Rating List with a Rateable Value of £26,000.

    Planning

    The subject property is not listed nor is it situated within a conservation area.

    Tenure

    Freehold.

    Licenses

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours: Monday to Saturday – 10:00 to 00:30 Sunday – 12:00 to 23:00

    Fixtures and Fittings

    Fixtures and Fittings may be included within the sale by way of separate negotiation.

    Energy Performance Certificate

    E-112.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all Purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Location

    marker
    Location: Compass Inn, Ipswich Road, Holbrook, Ipswich, IP9 2QR

    Wrabness (3.1 miles)

    Mistley (4.3 miles)

    Derby Road (4.7 miles)

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