a p o rt f o l i o o f 2 6 p u b l i c h o u s e ... -...

A P O R T F O L I O O F 2 6 P U B L I C H O U S E S

F O R S A L E A N D T O L E T

A M I X T U R E O F F R E E H O L D A N D L E A S E H O L D

O U T L E T S I N T O W N A N D C I T Y C E N T R E

L O C A T I O N S A C R O S S T H E U K

C O N T E N T S

Executive Summary 3

Locations 4

Property Schedule 5

Background to the Portfolio

The Opportunity & Expressions of Interest 7

Further Information & Disclaimer 8

Individual Property Details 9

6

E X E C U T I V E S U M M A R Y

High standard of fit out

Excellent town and city

centre locations on

established A3/A4 circuits

Large sites with an average

ground floor GIA of more

than 5,000 sq ft

11 freehold/long leasehold

and 15 leasehold outlets

Of interest to existing

operators, new entrants,

investors and developers

High volume outlets with

strong food sales

Available individually, in

small packages or as a

portfolio

Landmark character

buildings

CBRE & Savills have been jointly instructed by JD Wetherspoon plc to market 26 public houses that

have been identified for disposal throughout the UK.

Highlights include:

L O C A T I O N S

1. Airdrie, Robert Hamilton*

2. Bathgate, James Young*

3. Boscombe, Sir Percy Florence Shelley*

4. Bradford, Sir Titus Salt*

5. Cardiff, Central Bar

6. Dagenham, Lord Denman

7. Dartford, Paper Moon*

8. Ellesmere Port, Thomas Telford*

9. Forest Hill, Capitol

10. Hammersmith, Plough and Harrow

11. Ipswich, Robert Ransome

12. Leamington Spa, Jug and Jester

13. Lincoln, Forum

*denotes freehold (heritable) / long leasehold

2

19

4

5

8 13

22

23 21

16

1

11

20

3

18 9

10 7

17

6

12

15

24

25

26

14

14. Luton, London Hatter

15. Mansfield, Stag and Pheasant

16. Milton Keynes, David Garrick

17. Mitcham, White Lion of Mortimer

18. Newbury, Diamond Tap

19. Newcastle-upon-Tyne, Union Rooms*

20. Newport Gwent, Tom Toya Lewis*

21. Nuneaton, William White

22. Stirling, Proposed Pub & Hotel Site*

23. Walsall, Imperial

24. Watford, Colombia Press

25. West Kirby, Dee Hotel*

26. Worthing, Sir Timothy Shelley*

P R O P E R T Y S C H E D U L E

REF NAME ADDRESS TOWN POST CODE TENURE RENT EXTERNAL

AREA

RENT

REVIEW

DATE

EXPIRY TENANT

BREAK

1 Robert Hamilton 12-14 Bank St Airdrie ML6 6AF Heritable n/a Yes n/a n/a n/a

2 James Young 36-40 Hopetown Street Bathgate EH48 4EU Heritable n/a Yes n/a n/a n/a

3 Sir Percy Florence Shelley 673-675 Christchurch Road Boscombe BH7 6AA Freehold n/a Yes n/a n/a n/a

4 Sir Titus Salt Unit B Windsor Baths Bradford BD7 1AQ Long Leasehold £10,218 Yes 02/03/19 02/2124 n/a

5 Central Bar 39 Windsor Place Cardiff CF10 3BW Leasehold £130,000 Yes 13/02/16 12/02/36 n/a

6 Lord Denman 270-272 Heathway Dagenham RM10 8QS Leasehold £47,000 Yes 25/12/18 24/12/28 n/a

7 Paper Moon 55 High Street Dartford DA1 1DS Freehold n/a No n/a n/a n/a

8 Thomas Telford 65-69 Whitby Road Ellesmere Port CH65 8AB Freehold n/a No n/a n/a n/a

9 Capitol 11-21 London Road Forest Hill SE23 3TW Leasehold £85,000 Yes 29/09/15 20/12/25 n/a

10 Plough & Harrow 120-124 King Street Hammersmith W6 0QU Leasehold £169,500 Yes 24/06/16 23/06/36 24/06/26

11 Robert Ransome Trafalgar House, Tower Street Ipswich IP1 1BE Leasehold £56,214 No 29/09/18 19/05/30 12/11/23

12 Jug and Jester 11-13 Bath Street Leamington Spa CV31 3AF Leasehold £102,125 Yes 01/03/20 28/02/40 01/03/25

13 Forum 13-14 Silver Street Lincoln LN2 1DY Leasehold £72,500 Yes 09/10/15 08/10/35 09/10/20

14 London Hatter 46 Park Street Luton LU1 3ET Leasehold £65,575 No 25/03/21 24/03/41 25/03/26

15 Stag and Pheasant Unit 4 Clumber Street Mansfield NG18 1NU Leasehold £91,375 Yes 25/02/20 25/02/40 24/02/30

16 David Garrick 7 Savoy Crescent Milton Keynes MK9 3PU Leasehold £157,000 Yes 25/03/19 24/03/24 n/a

17 White Lion of Mortimer 223 London Road Mitcham CR4 2JD Leasehold £60,000 Yes 10/10/15 09/10/40 n/a

18 Diamond Tap 42 Cheap Street Newbury RG14 5BX Leasehold £96,750 Yes 07/04/20 06/04/40 06/04/25

19 Union Rooms 48 Westgate Road Newcastle upon Tyne NE1 1TT Freehold n/a Yes n/a n/a n/a

20 Tom Toya Lewis 108-109 Commercial Street Newport NP20 1LW Freehold n/a Yes n/a n/a n/a

21 William White 42 Newdegate Street Nuneaton CV11 4EU Leasehold £85,000 Yes n/a 24/07/25 n/a

22 Stirling 43-51 King Street Stirling FK8 1DN Heritable n/a Yes n/a n/a n/a

23 Imperial Darwall Street Walsall WS1 1DA Leasehold £92,500 Yes 19/08/17 19/08/47 19/08/22

24 Colombia Press 72–74 The Parade Watford WD17 1AW Leasehold £96,475 Yes 25/06/15 24/06/30 n/a

25 Dee Hotel 44 Grange Road West Kirby CH48 4EF Freehold n/a Yes n/a n/a n/a

26 Sir Timothy Shelley 49 Chapel Road Worthing BN11 1EG Freehold n/a No n/a n/a n/a

B A C K G R O U N D T O T H E P O R T F O L I O

The portfolio consists of 26 properties all of

which are situated in town or city centre

locations

Of the 26 outlets, 11 are freehold or held on a long lease at

a low rent with the remaining 15 outlets held on standard

commercial leases with an average unexpired term of

more than 18 years.

JD Wetherspoon have always been renowned for the strong

level of investment that they commit to their venues and

this portfolio is typical of their broader estate with the

pubs being very well presented and fitted to a high

standard.

The properties which trade under the JD Wetherspoon and

Lloyds No.1 trading formats also tend to be some of the

largest pubs in their towns with an average ground floor

GIA (Gross Internal Area) of in excess of 5,000 sq ft.

All of the properties have the benefit of a late licence and a

number also benefit from external seating areas.

A decision has been made by our clients to close 6 of the

units but the fixtures and fittings remain in situ,

significantly reducing the cost of reopening the premises.

THE OPPORTUNITY

The portfolio represents an extremely rare opportunity to acquire

high volume managed houses in established locations that have a

high proportion of food sales.

They should appeal to existing operators looking to expand, to

new entrants looking for a major platform which can be used to

build a successful managed house estate and to investors keen to

gain further representation in the sector.

Our clients are willing to consider offers for individual units,

groups or the entire portfolio. Our clients are also prepared to

consider granting occupational leases in certain instances on

those units which are held freehold or long leasehold, subject

to status.

EXPRESSIONS OF INTEREST

All offers should be submitted in writing, sent via email and

contain the following information:

• The name of the proposed purchaser and any relevant

background information

• The name(s) of the property/properties which are of interest

• The price/premium being offered exclusive of VAT

• Whether the offer is inclusive of fixtures and fittings

• Proposed timetable for exchange of contracts and completion

of the transaction

• Any conditions attached to the offer

• Proof of funding

• Solicitor’s details

Please note that our clients are not obliged to accept the highest

offer or any offer submitted for the properties.

All individual property enquiries should be directed to the relevant CBRE and Savills

offices, details of which are provided on the individual property details. For all group

enquiries please contact:

T H E O P P O R T U N I T Y & E X P R E S S I O N O F I N T E R E S T

Toby Hall

CBRE

Tel: 020 7182 2259

Mob: 07785 253055

Email: [email protected]

Paul Breen

Savills

Tel: 020 7877 4555

Mob: 07767 873353


Andrew Watt

CBRE

Tel: 0113 3 948 819

Mob: 07778 149230


Chris Bickle

Savills

Tel: 023 8071 3943

Mob: 07807 999504


DISCLAIMER: CBRE LIMITED & SAVILLS PLC

CBRE Limited and Savills plc on its behalf and for the Vendors or

Lessors of this property who’s Agents they are, give notice that:

1. These particulars are set out as a general outline only for guidance

to intending Purchasers or Lessees, and do not constitute any part

of an offer or contract

2. Details are given without any responsibility and any intending

Purchasers, Lessees or Third Parties should not rely on them as

statements or representations of fact, but must satisfy themselves

by inspection or otherwise as to the correctness of each of them

3. No person in the employment of CBRE Limited or Savills plc has

any authority to make any representation or warranty whatsoever

in relation to this property

4. Unless otherwise stated, all prices and rents are quoted exclusive

of VAT

The material provided by us is intended for the sole use of the person

or firm to whom it is provided. Any reproduction or distribution of this

overview, in whole or in part, or the disclosure of its contents, without

our prior written consent is prohibited.

Nothing in this document constitutes valuation, accounting, legal,

regulatory, planning, tax or other advice.

CBRE Limited and Savills plc do not accept any responsibility to any

person for the consequences of any person placing reliance on the

content of this information for any purpose. The information contained

in this document, including any data, projections, and underlying

assumptions has not been independently verified and are based upon

certain assumptions, and analysis of information available as at the date

of this document, and reflects prevailing conditions, and our views as of

the date of the document, all of which are accordingly subject to

change at any time without notice, and we are not under any obligation

to notify you of any of these changes.

Originally prepared Sept 2016

IMPORTANT INFORMATION

Trading Information

Trading information may be released to interested parties upon written request.

Approximate Floor & Site Areas

Approximate floor areas for each property are based on advice previously provided to the

Vendor. All areas are for information purposes only and have not been independently

verified by CBRE or Savills. Interested parties are not entitled to rely upon these areas and

any purchaser should undertake their own independent measured surveys to verify this

information prior to exchange of contracts.

Location and Ordnance Survey Plans

Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with

the permission of the Controller of Her Majesty's Stationery Office. © Crown Copyright

and Experian Copyright. All rights reserved. Licence number PU 100017316.

VIEWING ARRANGEMENTS

Interested parties are asked to undertake discreet customer visits in the first instance. All

formal viewings must be arranged by prior appointment via CBRE or Savills and under no

circumstances should any direct approach be made to any of our client’s staff.

STAFF

Staff will be transferred with the pubs upon completion in accordance with the

TUPE regulations.

FIXTURES AND FITTINGS

All fixtures and fittings with the exception of leased and branded items are available to be

included within the sale.

F U R T H E R I N F O R M A T I O N & D I S C L A I M E R

I N D I V I D U A L P R O P E R T Y D E T A I L S

Executive Summary

Location Description & Accommodation

1. Robert Hamilton, 12-14 Bank St, Airdrie ML6 6AF

Airdrie is a busy commuter town in North Lanarkshire, Scotland, located approximately

16 miles east of Glasgow and 35 miles west of Edinburgh .

The property is situated within the heart of the town centre, on the east side of Bank

Street, immediately adjacent to North Lanarkshire Council’s ‘First Stop Shop’. Occupiers

close by include Thomas Cook, Boots, Clydesdale Bank and Paddy Power.

A substantial detached property which is of traditional sandstone construction under a

pitched slate covered roof.

Ground Floor - Trading accommodation with single bar servery with customer seating

arranged over two split levels and including disabled WC and glass wash-up area.

First Floor- There is additional trading accommodation to the rear mezzanine level

with customer WCs, kitchen, cellar and managers office are accessed by a separate

staircase to the front.

Second Floor – Staff accommodation, storage and plant room are located at this level.

Heritable

Prominent detached property in high street

location

Substantial trading accommodation over two

floors and a mezzanine

Occupiers nearby include Thomas Cook, Boots

Clydesdale Bank and Airdrie Civic Centre

Well configured accommodation

Tenure

Rateable Value & EPC

Premises Licence

Floor Areas

Heritable

2010 Rateable Value – £63,500

EPC in the course of preparation

1. Robert Hamilton, 12-14 Bank St, Airdrie ML6 6AF

The property benefits from a premises licence permitting the sale of alcohol until

midnight Sunday to Thursday and 1am Friday to Saturday

Contacts The property has the following approximate gross internal areas:

FLOOR DESCRIPTION SQ.M SQ.FT

Ground Trading 340 3,661

First Trading &

Ancillary 258 2,778

Second Ancillary 165 1,776

Total 763 8,217

Toby Hall

CBRE

Tel: 07785 253055


Euan Mcgonigle

CBRE

Tel: 07818 027711


Paul Breen

Savills

Tel: 07767 873353


Gordon Nicolson

Savills

Tel: 07730 569160


Executive Summary


2. James Young, 36-40 Hopetown Street, Bathgate EH48 4EU

Bathgate is a commuter town located almost equidistant between Scotland's two largest

cities; Glasgow which lies approximately 27 miles west and Edinburgh which lies 22

miles east.

The James Young occupies a prominent position on Hopetoun Street between its

junctions with Livery Street and Jarvey Street, close to George Street, the main

pedestrianised section of the town. Occupiers nearby include The Ballencrieff

(Stonegate), Yolo & Envi bar and nightclub and a number of national retailers.

A substantial mid terraced property which is of stone construction with a rendered and

painted elevation under a pitched, slate covered roof. Externally, there is a beer

terrace to the rear.

Ground Floor- Trading accommodation with bar servery to one side and laid out with a

variety of tables and seating with catering kitchen and managers office to the rear and

disabled WC to the side.

Upper Floors - Customer WC's and ancillary accommodation including cellar, staff

room and plant room. There is also a self contained 3 bedroom managers flat which is

unoccupied.

Heritable

Central location in Bathgate

Close to occupiers including The

Ballencrieff (Stonegate), Bank of Scotland,

William Hill and M&Co

Traditional building with residential

accommodation above

Substantial trading accommodation with

beer garden

Tenure


Premises Licence

Floor Areas

Heritable


EPC rating - G

2. James Young, 36-40 Hopetown Street, Bathgate EH48 4EU


midnight Sunday to Wednesday and 1am Thursday to Saturday.



Ground Trading &

Ancillary 365 3,929

First Ancillary &

Accommodation 224 2,411

Total 589 6,340

Euan McGonigle

CBRE

Tel: 07818 027711


Kathryn Bennett

CBRE

Tel: 07982 717979


Paul Breen

Savills

Tel: 07767 873353


Gordon Nicolson

Savills

Tel: 07730 569160


Executive Summary


3. Sir Percy Florence Shelley, 673-675 Christchurch Road, Boscombe BH7 6AA

Boscombe is a densely populated town located approximately 3 miles east of

Bournemouth and 0.6 miles north of the coastal beaches.

The Sir Percy Florence Shelley occupies a mid terrace position on Christchurch Road

(A35) close to the junction of Ashley Road. Occupiers nearby include Costcutter,

Sainsbury's and the O2 Academy live music venue.

A mid terrace property which is of brick construction with stone elevations under a

pitched and flat roof. Externally there is a courtyard beer garden to the rear.

Ground Floor- Trading accommodation with bar servery to one side and laid out with a

variety of tables and seating. Customer WC's and a catering kitchen are also provided

at this level.

Upper Floors - Ancillary trading accommodation at first floor with staff changing

facilities, manager's office, storage, cellar and vacant room and a 2 bed manager's flat.

The second floor accommodation has been sold off on a long lease.

Freehold

Popular tourist resort

Busy town centre location on arterial link

road

Close to occupiers including Sainsbury's

and the Sovereign Shopping Centre

Prominent building

Well configured trading accommodation

External seating to the rear

Also available by way of a new lease

Tenure


Premises Licence

Floor Areas

Freehold. The second floor of the property has been let on a lease for a term of 999

years from 20 January 1999.


EPC rating - F

3. Sir Percy Florence Shelley, 673-675 Christchurch Road, Boscombe BH7 6AA


12.30am Sunday to Thursday and 1am on Friday and Saturday.



Ground Trading &

Ancillary 314 3,380

First Ancillary 455 4,898

Total 769 8,277

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Paul Breen

Savills

Tel: 07767 873353


Executive Summary


4. Sir Titus Salt, Unit B Windsor Baths, Bradford BD7 1AQ

Bradford is a densely populated city in West Yorkshire which is located approximately

9 miles west of Leeds and 16 miles north west of Wakefield.

The Sir Titus Salt occupies a prominent position and is accessible from both Morley

Street and Great Horton Street in the heart of Bradford city centre. Bradford College

which is the UK's second largest college with around 25,000 students is directly

opposite on Great Horton Road with the Alhambra Theatre also within close proximity.

Other pub and bar occupiers nearby include Tokyo's, Flares and Reflex.

An iconic stone built property, originally part of the Windsor Baths with the Sir Titus Salt

occupying the basement, ground and first floor levels. Externally there is a beer

terrace area fronting Great Horton Road which is occupied by way of a licence.

Ground Floor- Trading accommodation with bar servery to one side. This area is laid

out to provide a variety of tables and seating in addition to a disabled WC.

Basement – Cellar and stores.

Upper Floors- Additional trading accommodation at first floor with catering kitchen,

customer WC's, managers office and staff room.

Long Leasehold at current rent of £10,218 pa

Located on Morley Street close to a number

of bars, restaurants and clubs

Opposite Bradford College the second

largest college in the UK

Character building

Adapted to form ground floor and

mezzanine level accommodation

Long leasehold interest for sale or also

available by way of a new lease at a market

rent

Tenure


Premises Licence

Floor Areas

Long leasehold for a term expiring in February 2124 at a current rent of £10,218.40 per

annum subject to index linked review on an upwards only basis on 2 March 2019 and

five yearly thereafter. The most recent annual service charge was £1,091. The seating

to the front of the property is held by way of a licence.


EPC rating - B

4. Sir Titus Salt, Unit B Windsor Baths, Bradford BD7 1AQ

The property benefits from a premises licence permitting the sale of alcohol until 2am

seven nights per week.




First Trading &

Ancillary 306 3,293

Basement Ancillary 139 1,463

Total 932 9,998

Andrew Watt

CBRE

Tel: 07778 149230


Sam Potrykus

CBRE

Tel: 07554 417992


Tom Cunningham

Savills

Tel: 07894 341564


Peter Scholes

Savills

Tel: 07807 999654


Executive Summary


5. Central Bar, 39 Windsor Place, Cardiff CF10 3BW

Cardiff is the capital and largest city in Wales which is located approximately 44 miles

west of Bristol and 42 miles east of Swansea.

The Central Bar occupies a prominent position on Windsor Place, close to its junction

with Queen Street in the heart of Cardiff city centre in an area made up of retail, office

and residential uses. Queen Street is one of Cardiff’s prime retail thoroughfares and is home to the Capitol Shopping Centre where tenants include Pret a Manger, Caffe Nero,

Phase Eight, Boots, Tesco and Hobbs. Cardiff Queen Street station is also located

nearby.

The substantial semi detached property forms part of a four storey building where the

upper parts are used as offices. The Central Bar occupies the basement, ground and

first floors of the property. Externally there is a beer terrace to the rear of the

property.

Ground Floor - Trading accommodation with bar servery to one side. This area is laid

out with a variety of tables and seating. A disabled WC is also provided at this level.

Basement – Customer WCs, beer cellar, managers office and staff changing room.

First Floor - Additional trading accommodation with a bar servery, extensive seating

area and catering kitchen with hoist to ground floor level.

Leasehold

Current rent £130,000 per annum

Busy city centre location

Close to occupiers including Boots, Phase

Eight and Pret a Manger

Ground and first floor trading


External beer terrace

Tenure


Premises Licence

Floor Areas

Held on a lease expiring 12 February 2036 at a current rent of £130,000 subject to an

outstanding upwards only rent reviews on 13 February 2016 and five yearly

thereafter. The most recent annual service charge for the property was £21,983.


EPC rating – In the course of preparation

5. Central Bar, 39 Windsor Place, Cardiff CF10 3BW


Monday to Sunday.




First Trading &

Ancillary 307 3,301


Total 913 9,823

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Alex Kalebic

Savills

Tel: 07870 869104


Executive Summary


6. Lord Denman, 270 – 272 Heathway, Dagenham RM10 8QS

Dagenham is a densely populated London suburb that is located approximately 7 miles

east of Stratford and 13 miles east of Central London

The Lord Denman occupies a prominent position on Heathway Road close to its junction

with Parsloes Avenue and close to Dagenham Heathway underground station (District

Line). Occupiers nearby include Iceland Foods, Lidl, Papa Johns, Tesco Express and

Barclays Bank.

A substantial mid terraced property which is of brick construction under a flat roof.

Externally there is a beer terrace to the rear of the property.

Ground Floor - Trading accommodation with single bar servery and laid out with a

variety of tables and seating. Customer WC's are also provided at this level.

Basement – Cellar and stores

Upper Floors - Additional trading accommodation at first floor level including catering

kitchen, office and 1 bed managers flat.

Leasehold


Busy location in densely populated area

Close proximity to Dagenham Heathway

Underground Station and the Heathway

Shopping Centre

Limited immediate competition


External seating and beer garden

Tenure


Premises Licence

Floor Areas

Held on a lease expiring on 24 December 2028 at a current rent of £47,000 per annum

subject to upwards only rent review on 25 December 2018 and five yearly thereafter.


EPC rating - D

6. Lord Denman, 270 – 272 Heathway, Dagenham RM10 8QS

The property benefits from a premises licence permitting the sale of alcohol until 11pm

Monday to Sunday.



Ground Trading & Ancillary 277 2,982

First Ancillary &

Accommodation 78 840

Basement Ancillary 40 431

Total 395 4,252

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


7. Paper Moon, 55 High Street, Dartford DA1 1DS

Dartford is a popular town that is located 15 miles south of Dagenham and 18 miles east

of Central London.

Road communications are good with M25 and A2 motorways both easily accessible and

regular trains providing access to London Victoria and London Charing Cross with a

journey time of 45 minutes.

The Paper Moon occupies a prominent corner position with frontage to the main

pedestrianised High Street. The area is densely populated with occupiers nearby

including JD Sports, Aldi and Primark.

A substantial corner property which is of brick construction with bare brick elevations

under a multi pitched roof.

Ground Floor- Trading accommodation with central bar servery to one side and laid

out with a variety of tables and seating. Customer WC's are also provided at this level,

in addition to stores.

Upper Floors- Kitchen accommodation is at the first floor with a beer cellar. A

managers office, staff room, a bedroom and living room plus customer WC’s are also

provided at this level.

Freehold

Historic market town

Prominent period property opposite the main

pedestrianised shopping area in Dartford town

centre


Occupiers nearby include JD Sports, Aldi and

Primark

Premises currently closed

Tenure


Premises Licence

Floor Areas

Freehold


EPC rating - D

7. Paper Moon, 55 High Street, Dartford DA1 1DS

The property benefits from a premises licence permitting the sale of alcohol until 12.30

am Sunday to Thursday and until 1.00 am Fridays and Saturdays.





Total 413 4,446

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


8. Thomas Telford, 65 – 69 Whitby Road, Ellesmere Port CH65 8AB

Ellesmere Port is a busy Cheshire town located approximately 6 miles to the north of

Chester and 9 miles to the south of Liverpool.

The Thomas Telford occupies a prominent position on Whitby Road (A5032) close to

Port Arcades Shopping Centre. Occupiers nearby include Mecca Bingo, Subway,

William Hill, Iceland and Boots.

A substantial mid terraced property which is of concrete framed construction with

glazed front elevation under a flat roof. The adjoining retail unit which is currently

occupied by William Hill in included within the ownership.

Ground Floor - Trading accommodation with central bar servery and laid out with a

variety of tables and seating. Customer WC's, kitchen, staff room, cellar and stores are

also provided at this level.

Upper Floors - Self contained accommodation on first floor which has been separately

let to the Salvation Army.

Freehold

Busy central location

Close to Port Arcades shopping centre

and numerous independent retailers

Prominent public house with adjoining

retail unit occupied by William Hill

Substantial trading accommodation

First floor accommodation let to the

Salvation Army


Tenure


Premises Licence

Floor Areas

Freehold. The first floor of the premises are separately let to the Salvation Army for a

term expiring 23 June 2022 at a current rent of £4,416.05 per annum subject to rent

review on 24 June 2017. The retail unit is let to William Hill for a term expiring 26 May

2019 at a current rent of £25,000 per annum subject to an outstanding rent review on 27

May 2014. A bin store area is let to Rowlands Pharmacy on a rolling agreement at a

rent of £900 per annum.


EPC Rating – G

8. Thomas Telford, 65 – 69 Whitby Road, Ellesmere Port CH65 8AB


Friday – Saturday and until 1.30am Sunday – Thursday.



Ground Trading &

Ancillary 895 9,634

First Let

accommodation Not Measured Not Measured

Total 895 9,634

Nick Huddleston

CBRE

Tel: 07791 251745


Julian Such

CBRE

Tel: 07939 084047


Peter Scholes

Savills

Tel: 07807 999654


Tom Cunningham

Savills

Tel: 07894 341564


Executive Summary


9. Capitol, 11 – 21 London Road, Forest Hill, SE23 3TW

Forest Hill is a fashionable and densely populated south east London suburb located

approximately 6 miles north of Croydon and 7 miles south west of central London.

The Capitol occupies a prominent position on the London Road. Occupiers nearby

include Sainsbury's, Pizza Hut and Energie Health Club.

A substantial detached property which is of steel frame concrete block construction

with rendered elevations under a multi pitched roofs. Externally there is a beer terrace

to the side and rear of the property with a separate access onto the London Road.

Ground Floor - Split level trading accommodation with rear bar servery. Beer cellar

and store, customer WC's and a catering kitchen are also provided at this level.

Basement - Disused

Upper Floors - Former Cinema Circle, ancillary offices and discussed projection box.

Leasehold

Densely populated London suburb

Current Rent £85,000 per annum

Close proximity to Forest Hill Station with

occupiers nearby including Sainsbury's, WH

Smith, Pizza Hut and Energie Health Club

Former Capitol Cinema - Grade II listed

building

Substantial open plan trading area


Tenure


Premises Licence

Floor Areas

Held on a lease expiring 27 September 2025 at a current rent of £85,000 per annum

subject to an outstanding upwards only rent review on 28 September 2015 and five

yearly thereafter.


EPC Rating – G

9. Capitol, 11 – 21 London Road, Forest Hill, SE23 3TW


12.30am Sunday to Thursday and 1am Friday and Saturday.



Ground Trading &

Ancillary 811 8,730


Second Disused Cinema

Circle 307 3,305

Basement Disused Not Measured Not Measured

Total 1,312 14,122

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


10. Plough and Harrow, 120-124 King Street, Hammersmith W6 0QU

Hammersmith is an affluent and densely populated suburb 5 miles west of Central

London, to the north of Fulham and east of Chiswick.

The Plough & Harrow occupies a prominent corner position on the A315 King Street,

directly opposite the junction with Macbeth Street. Nearby occupiers include Maplin,

Subway and Argos, also in close proximity is the Kings Mall Shopping Centre and the

Eventim Hammersmith Apollo.

A substantial corner property which is of brick construction. The public house occupies

the ground floor and basement of a three storey building, the upper parts of which

consist of a Holiday Inn Express hotel.

Ground Floor- Trading accommodation with bar servery to one side and a variety of

tables and seating. Customer WC's and a catering kitchen are also provided at this

level.

Basement - Cellar and stores.

Leasehold


Prominent end of terrace property

Affluent West London location

Situated below Holiday Inn Express Hotel

Occupiers nearby include Maplin, Subway

and Argos

Character building


Tenure


Premises Licence

Floor Areas

Held on a lease expiring 23 June 2036 at a current rent of £169,500 per annum with an

upwards only rent review on 24 June 2016 and five yearly thereafter. The property has

a tenant only break clause on 24 June 2026.

2010 Rateable Value - £115,000

EPC rating - G

10. Plough and Harrow, 120-124 King Street, Hammersmith W6 0QU


Midnight Monday to Sunday.



Ground Trading and

Ancillary

595 6,404


Total 643 6,921

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


11. Robert Ransome, Trafalgar House, Tower Street, Ipswich IP1 3BE

Ipswich is the popular and densely populated County Town of Suffolk, approximately

15 miles north west of Felixstowe and 19 miles north east of Colchester .

The property is located in on the edge of the town centre, off of Tower Street, part of

the main ring road surrounding the town.

Immediately adjacent to the property is one of the towns major shopping centres, the

refurbished Sailmakers where occupiers include Iceland , Poundland , Boots and River

Island. Other neighbouring occupiers include PJ J McGinty & Sons Irish Bar, and The

Cricketers (JD Wetherspoons).

A substantial detached property which is of brick construction under a multi pitched

roof.

Ground Floor - Trading accommodation with rear bar servery laid out with a variety of

tables, booths and seating. A Disabled WC, DJ booth, glass wash room and cellar are all

also located at this level.

First Floor- Additional trading and ancillary accommodation at first floor with bar

servery to one side. Customer WCs, stores and glass wash room are also located at this

level.

Second Floor – A managers office, staff room, staff WCs, stores and a catering kitchen

are located at this level.

Leasehold


Impressive detached property prominently

located


Close proximity to the refurbished Sailmakers

Shopping Centre and Ipswich Bus station

Occupiers nearby include PJ McGinty & Sons

Irish Bar, The Cricketers (JD Wetherspoon) ,

River Island, Boots and Poundland.

Tenure


Premises Licence

Floor Areas

Held on a lease expiring 19 May 2030 at a current rent of £56,214 per annum subject to

fixed rental increases of 7.5% on 29 September 2018 and five yearly thereafter. The

property has a tenant only break clause on 12 November 2023.


EPC rating - G

11. Robert Ransome, Trafalgar House, Tower Street, Ipswich IP1 3BE


am Sunday, midnight Monday to Wednesday and 2am Thursday to Saturday.




First Trading &

Ancillary 277 2,981

Second Ancillary Not Measured Not Measured

Total 591 6,360

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


12. Jug & Jester, 11-13 Bath Street, Leamington Spa CV31 3AF

Royal Leamington Spa is an affluent spa town which is located in central Warwickshire,

approximately 20 miles south east of Birmingham, 8 miles south of Coventry and 2

miles east of Warwick. The town is easily accessible to the M40 at junctions 13 and 14.

The Jug & Jester occupies a prominent corner position on Bath Street, close to its

junction with Spencer Street in Leamington Spa town centre. The area is made up of a

mix of retail and other pub and restaurant uses with occupiers nearby including

Majestic Wine, Iceland, Spar and Subway. The River Leam and Leamington Spa railway

station, which provides access to both central London and Birmingham, are both within

close proximity.

The substantial corner property is of brick construction with painted and rendered

elevations under a pitched slate covered roof. The property is part two and four storey

with the Jug & Jester occupying the ground and basement levels. Externally there is a

beer terrace to the rear of the property.

Ground Floor - Trading accommodation which is split into three separate areas, two of

which have their own bar servery. These areas have a variety of tables and seating for

approximately 115. A catering kitchen, gentleman and disabled WCs, a managers

office, staff room and spirit store are also provided at this level.

Basement – Ladies WCs, a beer cellar and a number of storage areas are provided at

basement level.

Leasehold


Affluent town

Close to occupiers including Majestic

Wine, Iceland, Spa and Subway

Character building

Extensive trading accommodation


External beer terrace

Tenure


Premises Licence

Floor Areas

Held on a lease expiring 28 February 2040 at a current rent of £102,125 per annum

subject to fixed rental increases of 7.5% on 1 March 2020 and five yearly thereafter.

There is a tenant only break option on 1 March 2025.


EPC rating – F

12. Jug & Jester, 11-13 Bath Street, Leamington Spa CV31 3AF


midnight from Sunday to Wednesday and 2am Thursday to Saturday.



Ground Trading &

Ancillary 406 4,372


Total 465 5,009

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


13. Forum, 13 - 14 Silver Street, Lincoln LN2 1DY

Lincoln is a attractive Cathedral city with good rail links into Sheffield and Nottingham.

The Cathedral is located approximately 0.5 miles to the north and is a popular tourist

and retail destination with a resident population of 95,000

The Forum is located within the establish drinking circuit of Lincoln city centre opposite

The Shack nightclub, Moka bar and Oriental buffet restaurant, the main university of

Lincoln campus is also in close proximity.

A modern well located property which is of steel framed construction and comprises

the ground floor and basement of the Thomas Parker office building

Ground Floor - Trading accommodation with a single bar servery laid out with a variety

of tables and fixed booths. A raised seating area is to the front of the property with a

pavement smoking area.

Basement - Kitchen, Cellar and customer toilets are located at this level.

Leasehold


Prominent property located in the main

drinking circuit


Occupiers nearby Shack nightclub, Mocha

bar and Oriental buffet restaurant

Incentives available – subject to status


Tenure


Premises Licence

Floor Areas

Held on a lease with an expiry on 8 October 2035 at a current rent of £72,500 per

annum subject to 5 yearly upwards only rent reviews with an outstanding next review

from 9 October 2015. There is a tenants only break clause in 9 October 2020. There is

also a pavement licence of £100 per annum due for renewal on 31 July 2016.


EPC rating – G

13. Forum, 13 - 14 Silver Street, Lincoln LN2 1DY


Sunday to Thursday and 2am Friday to Saturday



Ground Trading and

Ancillary 424 4,564

Basement Cellar and Stores 204 2,196

Total 628 6,760

Toby Hall

CBRE

Tel: 07785 253055


Andrew Watt

CBRE

Tel: 07778 149230


Tom Cunningham

Savills

Tel: 07894 341564


Peter Scholes

Savills

Tel: 07807 999654


Executive Summary


14. London Hatter, 46 Park Street, Luton LU1 3ET

Luton is a popular town that is located 20 miles south of Milton Keynes, 20 miles north of

Watford and 30 miles north of Central London.

The London Hatter occupies a prominent corner position on Park Street next to its

junction with Church Street, directly opposite The Luton University of Bedfordshire

Campus. Occupiers nearby include Iceland and Grosvenor Casino. The Mall is the main

shopping centre in town which is anchored by Debenhams and Peacocks.

A substantial end of terraced property which is of brick construction and laid out over

five floors. The London Hatter occupies the ground and first floor of the building with

the upper floors which fall outside of our clients demise in residential use.

Ground Floor - Trading accommodation with central bar servery to one side and laid

out with a variety of tables and seating. A catering kitchen and various stores are also

provided at this level.

First Floors - Ancillary accommodation at first floor with beer cellar, managers office,

staff room and male and female WC’s.

Leasehold

Current rent of £65,575 per annum

• University of Bedfordshire, Luton Campus is

nearby

Close proximity to pedestrianised High Street

and The Mall Shopping Centre with occupiers in

vicinity include Iceland and Grosvenor Casino



Tenure


Premises Licence

Floor Areas

Held on a lease expiring on 24 March 2041 with a tenants break option on 25 March

2026. The rent payable from 25 March 2016 will be £65,575 per annum which will

increase by 7.5% on 25 March 2016 and five yearly thereafter.


EPC Rating - D

14. London Hatter, 46 Park Street, Luton LU1 3ET


am Sunday to Wednesday and 5.00 am Thursday to Saturday.





Total 620 6,684

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


15. Stag and Pheasant, Unit 4 Clumber Street, Mansfield NG18 1NU

Mansfield is a popular market town in Nottinghamshire which is located approximately

12 miles north of Nottingham and 20 miles south east of Sheffield.

The Stag & Pheasant occupies a central position in Mansfield town centre on Clumber

Street opposite its junction with Regent Street. Occupiers nearby include Wilko, the

Mansfield Building Society, the After Dark nightclub and the Widow Frost (JD

Wetherspoon).

Forming the end of a terrace of licensed properties the modern property is brick built

with slate roof covering. A covered patio area is located to the front of the property.

Ground Floor - Trading accommodation with centrally positioned island bar servery

and a variety of tables and seating. A catering kitchen, beer cellar, bottle store and

plant room are also provided at this level.

Upper Floors - Ancillary accommodation at first floor including customer WC's,

managers office, staff room and WC's, a chiller room and separate store.

Leasehold


Popular market town

Positioned on the principal licensed

circuit within the town centre

Situated alongside a number of

individually operated licensed units

Modern purpose built licensed premises

with trade areas at ground and first floor

Tenure


Premises Licence

Floor Areas

Held on a lease for a term expiring on 24 February 2040 at a current rent of £91,375 per

annum subject to a fixed increase of 7.5% on 25 February 2020 and a further increase

of 7.5% in 2025. The rent review in 2030 will be to the greater of the open market rent

or an increase of 7.5% with the final review in 2035 being subject to an increase of

7.5%. There is a tenant break on 24 February 2030.


EPC Rating – D

15. Stag and Pheasant, Unit 4 Clumber Street, Mansfield NG18 1NU


2.30am Sunday to Thursday and 3.30am Friday and Saturday.

Andrew Watt

CBRE

Tel: 07778 149230


Max Oliver

CBRE

Tel: 07469 378764





First Trading &

Ancillary 136 1,463

Total 620 6,672

Tom Cunningham

Savills

Tel: 07894 341564


Peter Scholes

Savills

Tel: 07807 999654


Executive Summary


16. David Garrick, 7 Savoy Crescent, Milton Keynes MK9 3PU

Milton Keynes is a thriving town that is located 57 miles north of London and 18 miles

south of Northampton. Rail links provide access into London Euston in 35 minutes and

Birmingham New Street within an hour, the M1 motorway is also easily accessible.

The David Garrick is located in the centre of Milton Keynes theatre district and late

night hub. The district is anchored by the 1,400 Milton Keynes Theatre with occupiers

nearby including, Revolucion de Cuba, The Slug and Lettuce, Electric Social, Zizzi, TGI

Fridays, Bella Italia.

A substantial property which is of steel framed under a multi pitched roof.

Ground Floor - Trading accommodation with single bar servery and laid out with a

variety of tables and fixed booths. Stores, male toilets, a cellar and atrium area seating

area.

First Floor - First floor trading with single bar servery, stores and female toilets are

located at this floor.

Second Floor - Kitchen, cellar, staff room, stores, staff wash room, staff toilets, managers

office are all located at on the second floor.

Third Floor - Plant occupies the third floor.

Leasehold


Prominent property situated in the

pedestrianised theatre district


Occupiers nearby include Milton Keynes

Theatre, Revolucion de Cuba, The Slug and

Lettuce, Zizzi and Electric Social



Tenure


Premises Licence

Floor Areas

Held on a lease with an expiry at 24 March 2024 at a current rent of £132,000 per

annum, an addition lease is held on the Atrium with a current rent of £25,000 per

annum. The property is subject to 5 yearly upwards only rent reviews with next review

in March 2019. The most recent annual service charge for the property was £36,000.


EPC rating – C

16. David Garrick, 7 Savoy Crescent, Milton Keynes MK9 3PU


am Thursday to Sunday and until 2.30 am Monday to Wednesday




First Trading 230 2,476


Third Plant Not measured Not measured

Total 1,158 12,465

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


17. White Lion of Mortimer, 223 London Road, Mitcham CR4 2JD

Mitcham is a densely populated suburb of south London that is located 3 miles south of

Balham and 8 miles south west of central London.

The White Lion of Mortimer occupies a prominent corner position on the pedestrianized

London Road. Occupiers nearby include Kings Arms (Young's), Boots, Morrison's ,

Poundland, WH Smith and Fitspace

A substantial detached corner property which is of brick construction under a multi

pitched roof. Externally there is beer terrace to the side and rear of the property.

Ground Floor - Trading accommodation with a single bar servery laid out with a variety

of tables and seating. Customer WC's and a catering kitchen are also located at this

level


Upper Floors – Former function room and living accommodation split over first and

second floor which has not been in use for a number of years.

Leasehold


Densely populated London suburb

Close to occupiers including Kings Arms

Young's Public House, Boots, WH Smiths

Local, Morrison's , Poundland and Fitspace

Attractive character building in

established retail and leisure location



Tenure


Premises Licence

Floor Areas

Held on a lease expiring 9 October 2040 at a current rent of £60,000 per annum subject

to an outstanding rent review on 10 October 2015 and five yearly thereafter.


EPC Rating – D

17. White Lion of Mortimer, 223 London Road, Mitcham CR4 2JD


12.30am Sunday to Thursday and 1.30am on Friday and Saturday.

Contacts

The property has the following approximate gross internal areas:


Ground Trading &

Ancillary 308 3,315

First Ancillary Not Measured Not Measured

Second Accommodation Not Measured Not Measured

Basement Trading &

Ancillary Not Measured Not Measured

Total 308 3,315

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


18. Diamond Tap, 42 Cheap Street, Newbury RG14 5BX

Newbury is a busy and affluent market town which is located approximately 22 miles

south of Oxford and 25 miles west of Reading.

The Diamond Tap occupies a prominent position on Cheap Street close to the semi

pedestrianised area of Market Place in the centre of the town. Occupiers nearby include

Vue Cinema, Bills, Strada, Pizza Express and Slug & Lettuce.

A substantial mid terraced property which is of brick construction with modern glazed

street frontage at ground floor level and brick uppers under a pitched and flat roof.

Externally there is a beer garden to the rear.

Ground Floor - Trading accommodation with bar servery to one side and laid out with a

variety of tables and seating. Customer WC's, disabled WC's, are also provided at this

level.

Upper Floors - Additional trading and ancillary trading accommodation at mezzanine

first floor with bar servery to one side, customer WC's, catering kitchen, cellar room,

staff changing facilities, managers office and meeting room. At second floor level there

is a 1 bed managers flat.

Leasehold

Affluent market town

Current rent £96,750 per annum (plus

additional rent of £3,484 per annum)

Close to occupiers including Vue Cinema,

Bills, Strada, Pizza Express and Slug &

Lettuce

Substantial prominent building



Tenure


Premises Licence

Floor Areas

Held on a lease expiring 6 April 2040 at a current rent of £96,750 per annum subject to

a fixed uplift of 7.5% on 7 April 2020 and further increases of 7.5% five yearly

thereafter. An additional £3,484 per annum is paid for the benefit of a right of way and

is subject to rent review on 22 September 2022 and five yearly thereafter. There is a

tenant only break option on 6 April 2025.


EPC Rating – G

18. Diamond Tap, 42 Cheap Street, Newbury RG14 5BX


seven day a week.



Ground Trading &

Ancillary 636 6,846

First Trading &

Ancillary 510 5,490

Second Accommodation &

Ancillary Not Measured Not Measured

Total 1,146 12,335

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Chris Bickle

Savills

Tel: 07807 999504


Executive Summary


19. Union Rooms, 48 Westgate Road, Newcastle Upon Tyne NE1 1TT

Newcastle-Upon-Tyne is a major commercial centre and popular tourist destination in

the North East of England that is located approximately 14 miles to the north west of

Sunderland and 2 miles north of Gateshead.

The Union Rooms occupies a prominent position on Westgate Road close to its junction

with Collingwood Street close to Newcastle Central Station. Occupiers nearby include

Yates Wine Lodge, Revolution Vodka Bar, Miller & Carter Steakhouse and a Hampton by

Hilton Hotel. Immediately adjacent to the site is a 259 bed Vita student accommodation

scheme which is currently being completed.

A substantial detached property which is of stone construction under a pitched slate

covered roof. Externally, there is a small beer terrace to the front of the building held

under licence which is close to the main entrance. There could be scope to significantly

increase the size of this area once public realm works have been completed, subject to

obtaining the necessary consents.

Ground Floor - Trading accommodation provided with two separate bar serveries

provided. These areas are laid out with a variety of tables and seating. Customer WC's

are also provided at this level.


Upper Floors - Additional trading accommodation provided to the first floor within two

distinct areas. Further bar servery provided. Fully equipped catering kitchen to the first

floor together with other ancillary accommodation. Customer WC's provided to the

second floor. The upper floors could offer the potential for conversion to hotel

bedrooms or residential, subject to obtaining the necessary consents.

Freehold

Central location on Westgate Road close to

Newcastle railway station

Close to occupiers including Revolution Vodka

Bar, Miller & Carter Steakhouse and the

Hampton by Hilton Hotel

Adjacent to new 259 bed Vita student

accommodation scheme

Substantial Grade II Listed building

Highly attractive architectural features

internally


Tenure


Premises Licence

Floor Areas

Freehold. The terrace area to the front of the property is held by way of a licence at a

current fee of £400 per annum.


EPC Rating – G

19. Union Rooms, 48 Westgate Road, Newcastle Upon Tyne NE1 1TT


seven days a week.

Contacts



Ground Trading &

Ancillary 657 7,072

First Trading &

Ancillary 520 5,597

Second Trading &

Ancillary 196 2,110


Total 1,741 18,740

Toby Hall

CBRE

Tel: 07785 253055


James Laidler

CBRE

Tel: 07827 896291


Tom Cunningham

Savills

Tel: 07894 341564


Paul Breen

Savills

Tel: 07767 873353


Executive Summary


20. Tom Toya Lewis, 108 – 109 Commercial Street, Newport NP20 1LW

Newport is a cathedral and university city located approximately 12 miles north east of

Cardiff and 31 miles north west of Bristol on the River Usk.

The Tom Toya Lewis occupies a corner position on Commercial Street at its junction

with Palmyra Place just south of main pedestrianised town centre and the Friars Walk

leisure and retail development. Within close proximity is the Newport Museum and Art

Gallery.

A substantial corner property which is of brick construction with part rendered and

painted and brick elevations under a pitched roof. Externally there is a courtyard beer

garden to the rear.

Ground Floor - Lower area provides trading accommodation with raised sections to

two sides and laid out with a variety of tables and seating. Upper area has further

trading accommodation with bar servery to one side and ancillary accommodation with

catering kitchen, glass wash area and disabled WC.


Upper Floors - Ancillary trading accommodation at first floor level includes customer

WC's, staff changing facilities, manager's office and a 2 bed manager's flat with 2 further

vacant rooms.

Freehold

City centre location

Close to main retail area

Substantial character corner building

Substantial trading accommodation over

split levels



Tenure


Premises Licence

Floor Areas

Freehold.


EPC Rating – G

20. Tom Toya Lewis, 108 – 109 Commercial Street, Newport NP20 1LW


12.30am Sunday to Thursday and 1am on Friday and Saturday.



Ground Trading &

Ancillary 570 6,135



Total 1,073 11,550

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


21. William White, 42 Newdegate Street, Nuneaton, CV11 4EU

Nuneaton is a densely populated Warwickshire town that is located approximately 9

miles north of Coventry and 20 miles east of Birmingham.

The William White occupies a prominent location on Newdegate Street which is

positioned in Nuneaton town centre adjacent to the River Anker. The Abbeygate

Shopping Centre is located a short distance west with the surrounding occupiers

including Debenhams, Your Move and Fever Night Club.

A substantial ground floor unit that occupies part of an end of terrace two storey

property of exposed brick elevations beneath a part slate tiled mansard and part flat

roof. Fenestration is single glazed. Externally there is a beer terrace to the front

elevation which is within the demise. To the rear of the property is staff parking for five

cars.

Ground Floor - Trading accommodation with a bar servery to the centre of the ground

floor which is also laid out with a variety of tables and seating and a DJ booth to the left

rear. A catering kitchen, ladies, gentlemen's and disabled WC’s, managers office, beer cellar, store rooms and a staff room are also located at this level.

Leasehold

Densely populated town

Substantial modern building

Close to occupiers including Debenhams,

Your Move and Fever Night Club


External seating within the demise

Nil premium

Tenure


Premises Licence

Floor Areas

Held on a lease expiring 24 July 2025 at a rent of £85,000 per annum without rent

review. There is a service charge of £4,052 per annum. The lease is excluded from

sections 24-28 of the Landlord and Tenant Act 1954.


EPC Rating – EPC in the course of preparation

21. William White, 42 Newdegate Street, Nuneaton, CV11 4EU

The property benefits from a premises licence permitting the sale of alcohol until 4 am

Monday to Sunday.



Ground Trading &

Ancillary 705 7,584

Ground External 23 248

Total 728 7,836

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


Executive Summary


22. 43-51 King Street, Stirling FK8 1DN

Stirling is a busy city that is located 26 miles north-east of Glasgow and 38 miles north-

west of Edinburgh. Stirling Castle attracts a strong level of tourism to the City being

Scotlands 4th biggest attraction with paid admission with over 440,000 visits in 2014

(source: Visit Scotland).

The property occupies a prominent position on the western side of King Street, close to

the junction of Port Street and Murray Place, which forms Stirling’s main retail and pitch. Leisure occupiers nearby include Brewdog, The Golden Lion, The Corn Exchange, The

Crossed Peels and Morrisons Cold Beer Co with other occupiers in the immediate

vicinity including Ladbrokes and Number Eight.

A substantial terrace of three ground floor retail units with three floors of office

accommodation above contained within a mid terrace property stone construction

under a pitched roof. There is a car park to the rear.

The property offers significant development potential. Planning permission was granted

in August 2013 for conversion to public house/restaurant and 24 bed hotel ref

12/00469/FUL/IJ. This planning permission will expire in August 2016. Further details

are available upon request.

Ground Floor- Three vacant retail units with sales area to the front and storage areas to

the rear.

Upper Floors- Vacant offices arranged over first, second and third floors suitable for

redevelopment.

Heritable

Prominent period buildings

Historic City

Popular tourist destination

Planning consent for a public house and

24 bed hotel

Potential for other uses

(subject to planning)

Offers invited

Tenure


Premises Licence

Floor Areas

Heritable



22. 43-51 King Street, Stirling FK8 1DN

The property benefits from a premises licence.

Euan McGonigle

CBRE

Tel: 07818 027711


Kathryn Bennett

CBRE

Tel: 07982 717979


Paul Breen

Savills

Tel: 07767 873353


Gordon Nicolson

Savills

Tel: 07730 569160


Contacts



Ground Retail 508 5,464

Mezzanine Office 30 323

First Office 495 5,328

Second Office 506 5,452

Third Office 503 5,414

Total 2,042 21,981

Executive Summary


23. Imperial, Darwall Street, Walsall WS1 1DA

Walsall is a popular town that is located 10 miles north of Birmingham and 7 miles east

of Wolverhampton. Road communications are good with M6 and M5 motorways both

easily accessible and regular trains providing access to Birmingham New Street and

Manchester Piccadilly.

The Imperial occupies a prominent corner position with frontage to the pedestrianised

Shopping district. The area is densely populated with occupiers nearby including

Tesco, Sports Direct and Debenhams.

A substantial corner property which is of steel framed and brick construction under a

multi pitched roof.

Ground Floor- Trading accommodation with rear bar servery and laid out with a

variety of tables and fixed booths. A kitchen, beer cellar and customer WC’s are also

located at this level.

Upper Floors - A mezzanine floor above the rear bar area. Customer seating and access

to rear smoking garden area is located at this level.

Leasehold


Prominent period property opposite the

main pedestrianised shopping district


Occupiers nearby include Tesco’s, Sports Direct and Debenhams



Tenure


Premises Licence

Floor Areas

Held on a lease with an expiry at 19 August 2047 at a current rent of £92,500 per annum

subject to 5 yearly upwards only rent reviews with next review in 19 August 2017.

There is a tenants only break clause on 19 August 2022.


EPC rating – E

23. Imperial, Darwall Street, Walsall WS1 1DA


am Sunday to Thursday and until 1.00 am Fridays and Saturdays




First Trading 161 1,740

Total 776 8,367

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Peter Scholes

Savills

Tel: 07807 999654


Executive Summary


24. Colombia Press, 72-74 The Parade, Watford WD17 1AW

Watford is a thriving and densely populated commuter town in Hertfordshire which is

located within close proximity of the M1 and M25 motorways. Watford sits

approximately 17 miles north west of central London.

The property is located in the town centre on the main High Street close to the

Harlequin Centre and adjacent to the Walkabout Bar and Molly’s ( Stonegate). Other

local occupiers nearby also include Bosley’s (Stonegate), Rileys Sports Bar and Twisted

Monkey Bar.

A modern well located property which is situated in a terrace of restaurant and bar

operators and comprises of the ground and first floor floors of a three storey building.

Externally there is a beer terrace to the front which is held under licence.

Ground Floor – Trading accommodation with bar servery to the right hand side and

laid out with a variety of tables and seating.

First Floor - Customer toilets, catering kitchen and beer cellar.

Leasehold


Town centre location within the heart of the

drinking circuit

Occupiers nearby include Walkabout, Molloy’s, Bosley’s and Twisted Monkey


External Seating area

Tenure


Premises Licence

Floor Areas

Held on a lease expiring on 24 June 2030 at a current rent of £96,475 per annum subject

to an upwards only rent review on 25 June 2015 and five yearly thereafter.



24. Colombia Press, 72-74 The Parade, Watford WD17 1AW


Monday, Thursday, Friday and Saturday and midnight on Tuesday, Wednesday and

Sunday.





Total 549 5,908

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Paul Breen

Savills

Tel: 07767 873353


Stuart Stares

Savills

Tel: 07807 999841


*Area amended on 03/10/2016 to reflect agreed rent review areas

Executive Summary


West Kirby is an affluent town located 10 miles to the east of Liverpool and 18 miles to

the north of Chester.

The Dee Hotel is a prominent building situated within a retail parade in the town.

Opposite is West Kirby Railway Station, the leisure centre and library.

A substantial end terraced building of brick construction with striking mock Tudor

façade under a series of pitched and flat roofs. To the rear is a beer terrace, private

parking and outbuildings.

Ground Floor - Trading accommodation with centrally located bar servery. Fixed and

loose seating with different trading areas throughout. Customer WC's are located to

rear along with catering kitchen and stores.

Upper Floors - Staff room, ancillary rooms together with managers flat.

Freehold

Attractive period building


Affluent area

Located opposite West Kirby Rail

station, The Concourse Leisure Centre

and West Kirby Library

Late licence

Freehold for sale or available by way

of a new lease

25. Dee Hotel, 44 Grange Road, West Kirby CH48 4EF

Tenure


Premises Licence

Floor Areas

Freehold


EPC rating - E

25. Dee Hotel, 44 Grange Road, West Kirby CH48 4EF



Nick Huddleston

CBRE

Tel: 07791 251 745


Julian Such

CBRE

Tel: 07939 084047


Tom Cunningham

Savills

Tel: 07894 341564


Peter Scholes

Savills

Tel: 07807 999654


Contacts






Third Ancillary 141 1,517

Total 1,170 12,594

Executive Summary


Worthing is a popular seaside town that is located 10 miles west of Brighton and 18

miles east of Chichester.

The Sir Timothy Shelley occupies a prominent position on Chapel Road next to its

junction with Liverpool Gardens. Occupiers nearby include Maplin, William Hill, The

Three Fishes (JD Wetherspoon) and Bar Release.

A substantial mid terraced property which is of concrete construction with painted and

rendered elevations under a flat roof.

Ground Floor - Trading accommodation with central bar servery to one side and laid

out with a variety of tables and seating. Customer WC's are also provided at this level,

in addition to a conservatory.

Upper Floors - Ancillary accommodation at first floor with catering kitchen, beer cellar,

managers office and staff room.

Freehold

Prominent mid terrace property located

on the main shopping street

Historic seaside town

Occupiers nearby include William Hill,

Maplin and the Three Fishes

(JD Wetherspoon)


Available for sale or by way of a new lease

26. Sir Timothy Shelley, 49 Chapel Road, Worthing BN11 1EG

Tenure


Premises Licence

Floor Areas

Freehold


EPC rating - G

26. Sir Timothy Shelley, 49 Chapel Road, Worthing BN11 1EG



Contacts





Second Ancillary 91 979

Total 635 6,832

Toby Hall

CBRE

Tel: 07785 253055


Max Oliver

CBRE

Tel: 07469 378764


Chris Bickle

Savills

Tel: 07807 999504


Paul Breen

Savills

Tel: 07767 873353


a p o rt f o l i o o f 2 6 p u b l i c h o u s e ... -...

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