TypeRestaurants
IP12 21 Market Hill, Woodbridge
TenureFor rent
Specification
- Building size
- Building size 2,300 sqft
- Property type
- Property type Restaurants
- Tenure
- Tenure For rent
Description
PRICE
A new lease for the business will be offered at a minimum term of 10 years, with rent reviews every 5 years. Starting at a rent of £20,000pa for a six month, thereafter £40,000pa. A key money premium of £50,000 is required as part of this letting.
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)
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