Maidenhall Approach, Ipswich, Suffolk, IP2

The property is located in the Maidenhall Estate area of the town, a densely populated residential community. The area was constructed during the post-war era and benefits from local shops, schools and amenities. It boasts an enviable position in the heart of the estate and benefits from being the only pub in the area.

Public House
Entrance from Maidenhall Approach - The bar has been fully refurbished and boasts a wood-built bar servery, kardean flooring, and seating for 32. The bar houses three TVs, pool table, AWP, SWP, jukebox, darts board as well as Ladies' and Gentlemen's toilets. Leading from the bar there are internal patio doors leading into a further reception room. This space is capable of being separated from the rest of the property and is currently utilised as a function room. This area is predominantly used as a venue for holding darts tournaments, housing three darts boards. This space provides seating for 30 and benefits from a projector and screen. Furthermore, there is a games room with four darts boards and a pool table. Ancillary areas include a ground floor cellar, basement boiler room, office, storeroom and kitchen.

Owners Accommodation
Located on the first floor and accessed via a separate entrance to the front of the property there is spacious and well presented owner's accommodation comprising of - Large lounge, modern fitted kitchen, bathroom, seperate WC, airing cupboard, three double bedrooms and a roof terrace.

External
To the side of the property, there is a trade patio providing seating for 50. Furthermore, there is a large carpark with space for 25 vehicles. To the rear of the property, there is a trade yard as well as a workshop.

The Business
Our clients have owned and operated the Smock for the past 15 years and have transformed it into a popular venue well known for its community ethos. The business provides BT Sports and Sky Sports and hosts seven darts teams, five pool teams, cribb team and a monthly veterans breakfast. The business is well known for its involvement in the region's darts facility and regularly hosts tournaments. Trade profit and loss accounts for the year ending February 2022 show a net turnover of £135,511 generating a strong gross profit of 62%. Accounts for the 3-month period ending May 2022 show a net turnover of £34,832 which is expected to increase to circa £140,000 by the end of the full trading year. Further accounting details can be made available to serious parties following a formal viewing.

The Smock would suit a hands on owner operator or managed house style alike who could continue to focus on the local community ethos, darts leagues and live sporting events. A new operator could easily increase turnover with an extension of the current opening hours which are operated to suit the client. Furthermore, there is a potential to extend the food provision and offer an evening meal service.

Licence
A full Premises Licence is held.

Services
Mains water, electricity and drainage. Central heating via oil.
Rateable Value £7,400
Local Authority - Ipswich Borough Council