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The Felixstowe Palace, Crescent Road Felixstowe, Suffolk, IP11 7NL

Guide Price
£700,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Leisure facility for sale

Key features

  • 240 capacity seating
  • Art Deco style building
  • Onsite customer parking
  • Highly visible High Street location
  • Diverse revenue streams
  • Potential for expansion
  • Christie & Co Ref: 1490012

Description

Description

Palatial Leisure has a long-established pedigree in the operation of both land-based and online bingo, casino and entertainment ventures created by its founder and Managing Director, Patrick Duffy, who has held gaming licenses for over 50 years. The cinema is supported by its own parking area, available outside the Bingo & Cinema. The Palace Cinema has two screens and a seating capacity of approximately 240 Seats.

Location

Felixstowe is a coastal town in Suffolk, located 11 miles (18 km) southeast of Ipswich. It is best known for Felixstowe Port, the largest container port in the UK, which plays a vital role in international trade and logistics. The town has a population of approximately 25,000 and boasts a mix of seaside attractions, independent shops, and leisure facilities. The Felixstowe Palace Cinema, situated on Crescent Road, is a historic Art Deco-style venue offering a traditional cinema experience. The town has seen ongoing investment, including seafront regeneration projects aimed at enhancing tourism and local business opportunities.

Ground Floor

• Entrance lobby with sales counter
• Bingo Hall
• Slot machines area
• Kitchen and diner servery
• Bar
• Office
• Male and female toilets

Other Floors

First floor
• Two cinema screens
• Toilets

The Opportunity

The Felixstowe Palace Cinema comprises two screens with seating capacities of 150 and 90 seats respectively.
Upon entering through the main entrance, visitors are welcomed by a foyer featuring a box office and a kiosk
offering popcorn, confectionery, and hot and cold drinks.
The two auditoria are situated on the ground floor, just off the foyer, with ladies’ and gentlemen’s toilets located
on the first floor. A disabled toilet and stockroom are available on the ground floor.
The business operates seven days a week. It hosts two performances nightly, with four performances on
Saturdays and Sundays during term-time. During school holidays, the cinema offers two performances daily.

Trading Information

Turnover for financial year ending 31/12/2024 was £589,783.

Further trading information available upon request.

Ticket Prices:

Adult (16 & over)
• Afternoon: £8.95
• Evening: £9.95

Child (15 & under) & Senior (60 & over)
• Afternoon: £8.45
• Evening: £8.95

Brochures

The Felixstowe Palace, Crescent Road Felixstowe, Suffolk, IP11 7NL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Felixstowe Station0.2 miles
  • Trimley Station1.6 miles
  • Harwich Town Station3.1 miles

About Christie & Co, Retail

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

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 1490012-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, Retail. 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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