St. Peters Street, Ipswich, IP1

Tenure

5 years unexpired on the Lease at a current rental of £1,883 per calendar month.

Location

The premises is situated in the town centre of Ipswich which is a vibrant town with a rich history and a growing population. Its central location makes it a hub for both locals and tourists, providing an excellent customer base for a thriving restaurant business.

Premises

Facia board, glazed frontage and single glazed entrance door leading into the premises which is approximately 961 Sq. Ft. and is arranged as follows:



MAIN RESTAURANT area with spot lighting, hanging feature lighting, tiles flooring currently arranged for a comfortable 38 covers to the left hand side as you enter is a bar wth 4 bar stools behind which is equipped with a large upright display fridge, double under counter display fridge, glass washer, stainless steel sink, large double upright display fridge, alcohol display shelving, over hanging glass display and a chest freezer. Going on past this area has laminate flooring and the majority of the seated covers. At the rear of this area there are 2 steps up to a slightly raised seating area which previously dictated covers includes.

Kitchen

A door at the rear of this area leads through to a commercial KITCHEN which measures approximately 159 sq. ft. With tiled floors and walls, COMMERCIAL EXTRACTOR Stainless steel  prep with under counter refrigeration, large single basket fryer, 5 induction hobs, double stainless steel sink, microwave, dishwasher, under counter fridge, another stainless steel prep table with under counter refrigeration, stainless steel prep table, under counter fridge, double pizza oven, another door off of the main seating area leads through to a WC which measures approximately 36 Sq. ft. with wash hand basin.

Trading Hours

Tuesday - Saturday 5 pm -10 pm Closed on Sunday and Monday. The premises is licenced for the sale of alcohol Sunday - Thursday 12 pm - 10 pm. Friday and Saturday 12 pm - 11 pm.

Staff

The business is run by the vendor on a full time basis with the assistance on one full time chef, One part time chef a waitress and a kitchen assistant.

Turnover

We are advised Turnover averages £4,000 - £4,500 per week working to the usual high gross profit margins associated with the trade.

Business Rates

We are advised the business are payable at £41 per calendar month

Legal Costs

Each party to be responsible for their own with the legal cost to be split 50/50

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.