Regatta Quay, Key Street, Ipswich
- SIZE AVAILABLE
2,955 sq ft
275 sq m
- SECTOR
Restaurant for sale
Key features
- Prime marina-front location on Ipswich Waterfront with panoramic views
- Two-storey restaurant & bar totalling approx. 2,970 sq ft
- Indoor seating for 90 (40 ground floor, 50 first floor)
- Outdoor terrace for 40 covers overlooking the marina
- Fully equipped commercial kitchen with stainless-steel catering fit-out included
- Regular live music events and strong Sunday trade
- Character features: wood floors, exposed brickwork, and cast iron pillars
- Held on a 125-year lease from July 2014 at a peppercorn rent
- Long-established business with over 20 years of successful trading
- Asking price: £450,000, with rateable value of £41,500 (from April 2023)
Description
Waterfront Bar Bistro, Ipswich. - Paul Hubbard Commercial are delighted to present an exceptional opportunity to acquire a well-established and much-loved restaurant and bar, overlooking the iconic Ipswich Waterfront
Situated on Regatta Quay, this two-storey premises enjoys panoramic views of the marina and sits within one of the most desirable leisure and dining destinations in Suffolk. With over 20 years of successful trading under the same ownership, the business is now offered for sale fully equipped and ready for a seamless transition.
The ground floor comprises just under 1,500sq ft of stylish open-plan restaurant and bar space, offering capacity for approximately 40 covers. The layout includes access to ladies, gents, and disabled toilets, as well as rear access via the bar to a ground floor cellar and storage area. The design is both functional and inviting, ideal for casual dining, evening drinks, and live entertainment. The venue is well-known locally for hosting regular live music events and benefits from a particularly strong Sunday trade, making it a popular destination at weekends.
Upstairs, the first floor provides approximately 1,500sq ft of additional trading space, with seating for around 50 covers. The interior features a bright, open-plan layout with character details such as wooden flooring, exposed brickwork, and cast iron pillars. Large front-facing windows offer diners stunning views across the waterfront. This floor also includes a fully equipped commercial kitchen, fitted with a comprehensive range of stainless-steel catering equipment included in the sale, along with a small office, multiple storage areas, and a rear fire exit.
Externally, the property benefits from a generous marina-facing terrace with space for up to 40 guests, ideal for al fresco dining in warmer months. The location attracts consistent footfall due to its proximity to the University of Suffolk, residential developments, and cultural attractions along the waterfront, including galleries, cafés, and events that regularly draw visitors to the area.
The property is held on a long lease for a term of 125 years from 14 July 2014 at a peppercorn rent, offering long-term security and exceptional value.
The property has a rateable value of £41,500, effective from 1 April 2023. Interested parties are advised to make their own enquiries with the local authority to confirm actual rates payable.
The Waterfront Bistro Bar represents a turnkey hospitality opportunity in one of East Anglia’s most vibrant and picturesque settings. With a loyal customer base, excellent reputation, and proven trading history, the business is perfectly positioned for continued success under new ownership.
Current Opening 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
This presents further trading opportunities for the new owner to open on Mondays and Tuesdays, and offer a breakfast service throughout the week which isn't currently being offered.
Location - Ipswich is a thriving county town in Suffolk, known for its rich maritime history, growing economy, and vibrant cultural scene. The rejuvenated Ipswich Waterfront is a key focal point of the town, home to modern residential developments, restaurants, bars, the University of Suffolk, and a bustling marina that attracts locals and visitors alike. With direct rail links to London Liverpool Street (approximately 1 hour 10 minutes) and Norwich (around 40 minutes), Ipswich offers excellent connectivity for commuters and business owners. The town continues to see strong inward investment, with expanding commercial, retail, and leisure sectors making it an increasingly attractive location for property investors and entrepreneurs looking to establish a presence in East Anglia.
Disclaimer - Paul Hubbard Commercial for themselves and for the vendors/lessors of this property give notice that: (1) these particulars are set out as a general outline only and do not constitute any part of an offer or contract; (2) all descriptions, dimensions, references to condition, use, and other details are given in good faith but without responsibility and should not be relied upon as statements or representations of fact; (3) interested parties must satisfy themselves as to the accuracy of all information and carry out their own investigations, including planning, rates, and services; and (4) all figures quoted are exclusive of VAT unless stated otherwise. Subject to contract and availability.
Brochures
Regatta Quay, Key Street, Ipswich
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
Notes
Disclaimer - Property reference 34084792. 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 Paul Hubbard Commercial, Suffolk. 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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