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Chinese Takeaway, Ipswich

£45,000

£58.29 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

772 sq ft

72 sq m

SECTOR

Takeaway for sale

Description

Key Highlights
Turnover: £5,500 per week (Strong, consistent trade with a loyal local customer base).

Versatile Space: Currently set up as a takeaway, but easily adaptable to add indoor seating/dining to create a sit-down restaurant.

Cuisine Flexibility: Perfect turn-key operation to continue as a successful Chinese takeaway, or easily convertible to suit a wide range of alternative cuisines (e.g., Thai, Burger/Fast Food, Street Food).

Massive Growth & Expansion Potential
While already generating excellent weekly revenue, the business has been operated to suit the current owner’s lifestyle, leaving clear pathways for an ambitious new owner to significantly increase profits:

Introduce Daytime Trading: Capitalise on breakfast and lunch trade by expanding current opening hours.

Create a Restaurant Space: Utilise the generous layout to add seating and capture lucrative dine-in revenue.

Alcohol Licence: The current owner has chosen not to sell alcohol. Securing an alcohol licence (for takeaway delivery, dining, or both) presents an immediate revenue boost.

Digital & Marketing: Expand delivery radius and boost online marketing/delivery platform presence.

Free Parking 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 3 years unexpired on the open renewable lease at a current rent of £14,160 per annum exclusive. We are advised the landlord would be willing to grant a new long lease to a purchaser if required.

Turnover

We are advised the turnover averages £5,500 per week, with massive scope to increase further.

Business Rates

The premises is subject to a rateable value of £11,750 resulting in zero business rates payable, should small business rate relief be applicable to a purchaser.

Staff

The business is run by the vendors with the assistance of 2 chefs.

Trading Hours

Wednesday to Monday 4pm-10pm, closed Tuesdays.

Legal Costs

Each party are to be responsible for their own, with the landlords legal costs to be split 50/50 based on an assignment. If a new lease is granted, each party are to be responsible for their own, with the landlords costs for the surrendering of the existing lease to be the responsibility of the vendor and the landlords costs for the granting of the new lease to be the responsibility of the purchaser.

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.

Chinese Takeaway, Ipswich

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.5 miles
  • Derby Road Station1.2 miles
  • Westerfield Station2.3 miles

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

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Disclaimer - Property reference RX824653. 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 Gilbert and Rose Commercial, Essex Commercial. 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.