ESSEX - EDGE OF TOWN FREE-OF-TIE PUBLIC HOUSE TO LET
Clacton-on-Sea, Essex
Ref: 49989
Leasehold
1 / 8
Key Features
Location
Wick Lodge is situated in Clacton-on-Sea, a seaside town and resort in the county of Essex. It is located on the Tendring Peninsula and is the largest settlement in the Tendring District, with a population of approximately 55,000. The area is experiencing rapid expansion with a number of large and medium sized housing developments being constructed on the town's peripherals, which are proving popular with young professionals and families due to the areas commutability to the capital, comfortable work from home surroundings and wealth of amenities.
The town's economy is strong in the service sector, and benefits from two business/industrial parks. In the wider district, agriculture and occupations connected to the Port of Harwich provide further employment.
The town is easily accessible via the A133 and A12, providing fast road communications to London, Ipswich, Colchester and Chelmsford. Trains are operated by Greater Anglia and run hourly to London Liverpool Street via Colchester and Chelmsford, with the full journey taking about 90 minutes.
Wick Lodge is situated on Jaywick Lane, on the eastern fringes of the town. It overlooks the surrounding countryside, but is only a ten minute drive from the town centre and station.
The town's economy is strong in the service sector, and benefits from two business/industrial parks. In the wider district, agriculture and occupations connected to the Port of Harwich provide further employment.
The town is easily accessible via the A133 and A12, providing fast road communications to London, Ipswich, Colchester and Chelmsford. Trains are operated by Greater Anglia and run hourly to London Liverpool Street via Colchester and Chelmsford, with the full journey taking about 90 minutes.
Wick Lodge is situated on Jaywick Lane, on the eastern fringes of the town. It overlooks the surrounding countryside, but is only a ten minute drive from the town centre and station.
Property
Wick Lodge comprises an extensively refurbished two-storey public house, well-presented throughout and fully furnished. The property comprises:
GROUND FLOOR
- BAR: Carpeted flooring, bar servery and seating for 80-90.
- DINING ROOM: Seating for 34.
- GENTLEMEN'S TOILETS
- LADIES' TOILETS
- TRADE KITCHEN: Equipped with a range of commercial catering units.
- PREP & WASH-UP AREA
- LEAN-TO STORE
- ON-LEVEL CELLER
- OFFICE
FIRST FLOOR
- THREE DOUBLE BEDROOMS
- LIVING ROOM
- BATHROOM
EXTERNAL
- CAR PARK (8)
- PRIVATE PARKING (2)
- ADDITIONAL PARKING: Available on a separate licence.
- FRONT & SIDE SEATING AREA: Seating with smoking solution.
GROUND FLOOR
- BAR: Carpeted flooring, bar servery and seating for 80-90.
- DINING ROOM: Seating for 34.
- GENTLEMEN'S TOILETS
- LADIES' TOILETS
- TRADE KITCHEN: Equipped with a range of commercial catering units.
- PREP & WASH-UP AREA
- LEAN-TO STORE
- ON-LEVEL CELLER
- OFFICE
FIRST FLOOR
- THREE DOUBLE BEDROOMS
- LIVING ROOM
- BATHROOM
EXTERNAL
- CAR PARK (8)
- PRIVATE PARKING (2)
- ADDITIONAL PARKING: Available on a separate licence.
- FRONT & SIDE SEATING AREA: Seating with smoking solution.
The Business
The business is currently closed. No trade is sold or warranted. No historic trade accounts are available. Prospective tenants will need to make their own assumption as to potential trade levels giving due regard to the size of the premises, location and local demographics. Please note that the property must be used as a public house with traditional food offering.
Tenure
LEASEHOLD £10,000 for the grant of a new free-of-tie lease on the following terms:
TERM: Up to 5 years
LANDLORD & TENANT ACT 1954: Outside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
DEPOSIT: A deposit equivalent to three months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company
RENT: £26,000 per annum. Paid monthly in advance.
RENT REVIEW: Subject to rent reviews at market rent or RPI on the second and fifth anniversary of the commencement date
REPAIR LIABILITY: Full repairing and insuring lease agreement
FIXTURES & FITTINGS: To be retained by the Landlord and included within the rental. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
TIE: Free-of-tie.
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
CAR PARK AND DRIVE: The Tenant and their customers shall have non-exclusive access and use of the driveway and car park. This will be granted by a licence at the rate of £100 per annum, which can be recalled or amended by the Landlord at any time given one months’ notice. Repair liability is that of the Landlord.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
TERM: Up to 5 years
LANDLORD & TENANT ACT 1954: Outside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
DEPOSIT: A deposit equivalent to three months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company
RENT: £26,000 per annum. Paid monthly in advance.
RENT REVIEW: Subject to rent reviews at market rent or RPI on the second and fifth anniversary of the commencement date
REPAIR LIABILITY: Full repairing and insuring lease agreement
FIXTURES & FITTINGS: To be retained by the Landlord and included within the rental. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
TIE: Free-of-tie.
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
CAR PARK AND DRIVE: The Tenant and their customers shall have non-exclusive access and use of the driveway and car park. This will be granted by a licence at the rate of £100 per annum, which can be recalled or amended by the Landlord at any time given one months’ notice. Repair liability is that of the Landlord.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
A full Premises Licence is held permitting the sale of alcohol:
Monday to Thursday 10:00-00:00
Fridays and Saturday 10:00-01:00
Sunday 10:00-00:00
Monday to Thursday 10:00-00:00
Fridays and Saturday 10:00-01:00
Sunday 10:00-00:00
Services
All mains services are connected.
Rateable Value: To be assessed.
Local Authority: Tendring District Council.
Rateable Value: To be assessed.
Local Authority: Tendring District Council.
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Robert Cockayne
South East & London