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

Guide Price
£495,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Restaurant for sale

Key features

  • Rare Freehold Opportunity
  • Waterfront bar & bistro overlooking marina
  • 90 Cover bar & bistro over two floors
  • 44 covers in front overlooking the marina
  • GIA 282 sq m (3,035 sq ft)
  • Energy Rating B
  • Christie & Co Ref: 1466640

Description

Description

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
Central stairs with glass balustrades to first floor
Bar servery – with back display shelving
Rear lobby - ladies, gentlemen’s and accessible WC's
Level beer cellar
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.

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.

The Opportunity

The Waterfront Bar Bistro, nestled on the picturesque Marina in Ipswich, is a prime opportunity. With its enviable location, this charming establishment attracts both locals and visitors. This is a rare investment opportunity to purchase the property with a well established business in situ.

Trading Information

Trading information will be made available to genuinely interested parties.

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.

Business Rates

Rateable value effective from 1st April 2023 - £41,500.

Regulatory

Premises Licence
Open hours granted
- Sunday-Thursday 09:00-00:20
- Friday & Saturday - 09:00-01:20
The sale by retail of alcohol for consumption ON the premises only
- Sunday-Thursday 11:30-00:00
- Friday & Saturday - 11:30-01:00

Energy Performance Certificates

EPC 1

Brochures

Waterfront Bar Bistro, 15 Regatta Quay, Key Street, Ipswich, Suffolk, 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

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 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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