Restaurant

Key Features & Highlights:

Rich Heritage & Tradition
The restaurant has been a beloved culinary destination in the local area for decades, remaining within the same family for generations and operated directly by the current owner for the last 11 years.

Loyal Customer Base
Enjoys a phenomenal reputation with a strong, highly loyal regular clientele built on years of quality food, warm hospitality, and community presence.

Proven Financials with Clear Upside
Generates a solid, well-established turnover with steady year-round trade.

Significant Growth Potential
The current owner has operated the business smoothly without active marketing or digital promotion for many years. Immediate expansion opportunities exist through introducing targeted local marketing, active social media campaigns, expanding online delivery presence, or extending operating hours.

Turnkey Operation
The sale includes all high-quality fixtures, fittings, and fully equipped commercial kitchen assets, allowing a seamless transition for a new owner or existing operator from day one.

Parking
A free parking space to the rear of the property.

Summary
Whether you are an experienced operator looking to expand your portfolio, a chef looking for your own venture, or an investor seeking a adaptable unit with strong cash flow, this commercial leasehold opportunity in Ipswich is not to be missed.

Tenure

Approximately 10 years unexpired on the lease and a current rental of £14,400 per annum exclusive.

Turnover

We are advised turnover averages £4,000 per week working to the usual high gross profit margin associated with the trade.

Business Rates

The premises is subject to a rateable value of £11,500 resulting in zero business rates payable, should small business rate relief apply to a purchaser.

Staff

The business is run by the vendor with the assistance of 4 full time members of staff.

Trading Hours

Tuesday to Sunday 5pm-10pm, closed Monday.

Legal Costs

Each party are to be responsible for their own, with the landlords legal costs to be split 50/50.

Administration Fee

Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.