11 & 12 Regatta Quay, 12 Regatta Quay, Key Street, Ipswich, Suffolk, England, IP4 1FH

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 and additional bar over the first floor, along with commercial kitchen and an external terrace to the front.

The former Wiff Waff bar is located along Ipswich’s prestigious waterfront, with 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.

* Main bar & restaurant – open plan trading area, with booth seating for dining customers * Stairs to first floor * Bar servery – with back display shelving * Ladies, gentlemen’s and accessible WCs * Ancillary areas - level beer cellar * Storage * First floor bar, seating and dining - open plan trading area, with additional booth seating * Trade kitchen - including a comprehensive range of stainless-steel surfaces * Canopy extraction hood * Wash-up area *Prep area & storage * Staff changing.

All trade fixtures and fittings in the property are included in the sale.

Designated paved area to front of property with space for tables / smoking area.

Christie & Co acting on behalf of Eddisons (the receivers) to sell Units 11 & 12 Regatta Key, Ipswich.

The opportunity would suit an experienced operator keen to combine both a popular drinking establishment, balanced with a competitive food offering that compliments the surrounding businesses. Utilising the trading hours, this business would suit an operator able to trade from morning all the way through to late evening. The business location attracts both locals, as well as visitors to the area, and with a large versatile trade area the option to change the use in the building is also worth considering.

The business has closed and ceased trading therefore no trading information is available.

The good location of the property would make it suitable for a range of uses, subject to the necessary planning consents.

The property is being offered on a long lease with 115 years remaining.
Unit 11 - Service Charge – £809.44 per quarter. Ground Rent - £250 per annum.
Unit 12 - Service Charge – £1,820.48 per quarter. Ground Rent - £500 per annum

The current rateable value as at 1 April 2023 is £91,000.

Premises Licence.