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Boarding House, Market Place, Halesworth, Suffolk, IP19

£1,667 pcm
£20,000 pa

£5.00 per sq ft

Business rates & charges may apply

Fennel Chartered Surveyors, Halesworth
SIZE AVAILABLE

4,000 sq ft

372 sq m

SECTOR

Restaurant to lease

USE CLASSUse class orders: A3 Restaurants and Cafes and C1 Hotels

A3, C1

Lease details

Lease available date:
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Key features

  • Beautiful restaurant
  • Boutique hotel
  • Overlooking Market Place
  • Garden to rear
  • Parking available
  • Profitable business
  • Scope to expand

Description

LOCATION
Halesworth is a vibrant and expanding market town with a population of almost 6,000 residents and is nine miles from the popular historic coastal town of Southwold. A Roman settlement in origin, Halesworth has a fine medieval church (with Victorian additions) and a pleasant mixture of houses, from early timber-framed buildings to the dignified remnants of Victorian prosperity.
The award winning pedestrianisation of the town centre (the Thoroughfare) has created an excellent bustling small town atmosphere in which to explore the local shops. The Boarding House is located in a prominent location over looking the Market Square, with abundant free parking.
Suffolk coast line with the beaches of Southwold and Walberswick are within easy driving distance.

DESCRIPTION
The building (built circa 1750) is of brick construction built in a roughly 'L' shaped layout. The property was historically a Doctor's private residence in the 1900's and in the 1950's became St. Keynes boarding school prior to it becoming a pet shop and now a restaurant and hotel as it is today.
The property has been operating as a premium restaurant for a number of years, and now has 3 wonderfully appointed bedrooms to add to the business operation.
There a large garden to the rear, offering a suntrap for drinking and dining.

NOTE that the property is Grade II Listed.

INTERNAL DETAILS
The Accommodation:
The owners have beautifully enhanced the 3 ensuite rooms to an exceptionally high standard with a high occupancy rates and repeat business. Two of them over look the Market Place, and one overlooks the secluded garden.

The Restaurant:
The restaurant is arranged over 2 rooms with plenty of period features and large Georgian windows over looking the Market Place. Dividing the 2 rooms is an attractive entrance lobby/reception area with access to the kitchens and cellar to the rear.
The restaurant offers a wonderfully personal and individual dining experience in each tastefully decorated room.
There are 40 covers presently, excluding the external garden area.

There is also a residential 1 bedroom flat for the owner/manager with additional attic storage space.

LICENCE
The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licencing Act 2003 that properties retailing alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take the appropriate specialist advice.

FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.

SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Selling Agents.

LOCAL AUTHORITY
East Suffolk Council-Tel
Rateable Value - £14,000 (eligible for partial Small Business Rates Relief)

EPC
EPC Energy Performance Certificate is Band B (49)

BUSINESS
This well presented and popular restaurant and boutique hotel was established in 2016 by the current owners.
The business currently has accommodation open 7 days a week, servicing breakfast to the residents.
The restaurant that is open lunchtimes and evenings on Friday, Saturday and Sunday with an A la Carte menu, in addition to private dinners, parties and weddings The restaurant offers great scope by opening more hours during the day and evening.

TRADING INFORMATION
Sales for the year end 31st march 2025 showed a very strong and improving net profit. Detailed accounts will be made available once a formal viewing has taken place.

TRADING HOURS
Restaurant Fri to Sun lunchtime (also Fri and Sat evening ) Acc- Mon to Sat

PRICE
Offers in the region of £80,000 are invited for the lease and business. (All fixtures and fittings are included, however the stock is excluded and will be valued at the time of sale)
The landlord will offer a new lease, at the passing rent of £20,000pa.
A delightful 1 bedroom flat above the kitchen is available for the owner/manager, with additional attic storge space.

LEGAL COSTS
Both parties are to pay their own legal costs incurred in this transaction.

STAFF
The business is operated by approximately 5 staff, with the husband and wife couple overseeing operations.

Brochures

Boarding House, Market Place, Halesworth, Suffolk, IP19

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Halesworth Station0.4 miles
  • Brampton Station4.1 miles
  • Darsham Station4.9 miles

About Fennel Chartered Surveyors, Halesworth

6 Market Place, Halesworth, IP19 8BA

Fennel has been operating as an independent niche practice for over 15 years giving professional advice on investment and development opportunities, throughout Europe, the UK and East Anglia.

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