Ship Hotel, Leigh-on-Sea
Leasehold for Sale
Rent: New 'Nil Premium' Lease - Rental Offers Invited
BID DEADLINE 14:00 4/9
An imposing freehouse occupying a prominent seafront location, with large trade areas and sizeable function room
- 2,915 sq ft Gross External Area - (271 sq m)
- New 'nil premium' free of tie lease available
- Highly spacious trade areas extending to c. 90 covers
- Impressive first floor function room with bar
- Extensive private accommodation comprising 4+ bedrooms
- Commercial trade kitchen with extraction and adjoining store/wash rooms
- EPC rating: D(85)
Leigh-on-Sea is a town situated on the northern side of the Thames Estuary, under 4 miles west of Southend, with a population of c. 39,000, (2011 census). There are excellent transport links available, with 6-9 trains an hour and a 45-minute service to Fenchurch Street, London from the railway station, which is half a mile from the property. The Ship occupies a corner plot which borders the rail line, with the coast just beyond.
The Ship Hotel is an attractive building of traditional construction arranged of three storeys and dates back to c. 1829.
The ground floor has a bar with central island servery, bar area which is subdivided into games area (for snooker and darts), main bar area and lounge. There is a further room which may have previously been used for private dining. The basement cellar is accessed below the stairs and is substantial in size. To the rear there is a commercial kitchen with extraction canopy and two adjoining wash/storage rooms. There are male and female WCs off the lounge area and further male WC off the games area.
On the first floor there is a large function room suitable for a with wooden servery and male and female WCs. Separate to this area is an office and bedroom, with well-presented private accommodation comprising living room, bathroom and two double bedrooms.
On the second floor there are two further large double bedrooms. Given the size of the private rooms it is felt the accommodation could be separated into apartments, subject to the relevant consents.
Externally, there is a small patio area to the front providing c. 12 covers. At the rear, there is a service yard which could be used for loading and/or staff parking.
The area of the site is 512m² or 0.12 acres and the ground floor footprint (GEA) of the public house extends to 271m² (2,915ft2). Measurements are taken from digital mapping and are approximate.
The local authority is Southend Borough Council. http://www.southend.gov.uk/
We are advised the premises is not listed, but is in a conservation area.
Our client is not in occupation and therefore does not have access to trading information. Site is currently closed.
Price & Terms
Offers are invited for a new FRI 'free of tie' lease for a minimum of 10 years. Rent will be subject to RPI increases annually and a 5 year review to open market value. The new agreement will be within the provisions of the Landlord & Tenant Act (1954). There is no premium payable for the benefit of the new lease. Incentives will be made available by the landlord to assist with fitting out and refurbishment. We understand the rent payable will attract VAT.
Alternatively, offers will be entertained for the freehold interest with the benefit of vacant possession.
Rates & Charges
Business Ratesper annum
The property benefits from 100% small business rate relief
Council Tax£1251.53 per annum (Band B)