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Waterfront Bar Bistro, 15 Regatta Quay, Key Street, Ipswich, Suffolk, England, IP4 1FH

Guide Price
£600,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • Waterfront bar & bistro overlooking marina
  • Freehold or short-term lease available
  • 90 Cover bar & bistro over two floors
  • Highly profitable business with scope to grow
  • Exceptional property in former maltings
  • NIA 233 sq m (2,509 sq ft). Energy Rating B
  • Christie & Co Ref: 1466640

Description

Description

A converted warehouse building into restaurant accommodation. Originally developed as a brick warehouse for storage purposes in the 1800's when Ipswich docks was a bustling port. The property is of solid brick wall construction, with solid concrete floor and first floor mezzanine, with trading accommodation situated over two floors. The principal bar with dining being on the ground floor with extended dining area over the first floor, along with trade kitchen and an external terrace to the front.

Location

The Waterfront Bar Bistro is located along Ipswich’s prestigious waterfront, with unopposed views over the 470-berth marina. Ipswich has a population of approximately 140,000 and is situated 70 miles from London and benefits from good communications being situated off the A12 and A14. Ipswich railway station provides regular services to London Liverpool Street in a journey time of 1 hour and 10 minutes.

The waterfront was developed in early 2000 as a primary location for leisure, food, and drink, along with the conversion of the old dockside Maltings buildings into luxury apartments and a number of other new developments. Some of the town’s principal hotels, bars and restaurants are located along the quay wall, making the area a highly sought after destination location.

Internal Details

* Main bar & restaurant – open plan trading area, with seating for 40 customers, exposed cast iron pillar and natural brick, tiled floor and windows to front overlooking the marina * Central stairs with glass balustrades to first floor * Bar servery – with back display shelving * Rear lobby - ladies, gentlemen’s and accessible WCs * Ancillary areas - level beer cellar * Storage * Access to rear * First floor restaurant - open plan trading area, with eating for 50 customers, wood floor, cast iron pillar and natural brick with windows to front overlooking the marina * Trade kitchen - including a comprehensive range of stainless-steel catering equipment, canopy extraction hood * Wash-up area * Storage * Cupboard housing hot water cylinder.

External Details

Currently, there are 44 covers located to the front of the property, permitted under a licence from the local authority at £100 per year, which allows 11 tables. The area directly overlooks the marina and is defined by café barriers.

Trading Information

Further information on request.

Trading Hours

Monday & Tuesday - closed
Wednesday & Thursday - 12:00pm - 2.30pm; 6:00pm - 9.00pm
Friday & Saturday - 12:00pm - 9.15pm
Sunday - 12:00pm - 3.00pm

Planning Permissions

We have made enquiries with Ipswich Council and can confirm that the property is not listed. The property lies within the Wet Dock Conservation Area.

For further information please contact the local authority.

Tenure

The property is held on a long lease for a term of 125 years from 14 July 2014 at a peppercorn rent.

The current owner would also consider a short term or longer term lease with option to purchase long lease.

Business Rates

The rateable value as at 1 April 2023 is £41,500.

Regulatory

Energy Rating B.

Energy Performance Certificates

EPC 1

Brochures

Waterfront Bar Bistro, 15 Regatta Quay, Key Street, Ipswich, Suffolk, England, IP4 1FH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.6 miles
  • Derby Road Station1.1 miles
  • Westerfield Station2.0 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Pubs & Restaurants

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Notes

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Disclaimer - Property reference 1466640-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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