£99,999

Restaurant for sale

  1. Property photo 1 of 6.
  2. Property photo 2 of 6.
  3. Property photo 3 of 6.

£99,999

Restaurant for sale

St. Peters Street, Ipswich IP1

Local area information

Property location

Nearby amenities

  • St Helen's Primary School 0.5 miles
  • St Margaret's Church of England Voluntary Aided Primary School, Ipswich 0.5 miles
  • Ipswich 0.5 miles
  • Derby Road (Ipswich) 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ipswich to find out more about the local area.

Features and description

Are you passionate about Italian cuisine and looking for a thriving business opportunity? This is your chance to own a renowned and beloved authentic Italian restaurant and takeaway located in the bustling heart of Ipswich Town Centre.

Key Features:

Prime Location: Situated in a high footfall area, ensuring a steady stream of customers.

Established Reputation: Known for delicious, authentic Italian dishes that keep customers coming back supported by a 4.5* Tripadvisor rating, a 4.4* Google review and a 4.7* Just Eat rating.

Fully Equipped Kitchen: State-of-the-art kitchen with all the necessary equipment to continue serving top-quality Italian cuisine.

Charming Ambiance: Warm and inviting dining area with a cozy, authentic Italian atmosphere.

Potential for Growth: Opportunities to expand the menu, increase marketing efforts, promote delivery service and extend the trading days and times.

What’s Included:

All fixtures and fittings

Fully equipped kitchen

Established brand and customer base

Training and support during the transition period

Don't miss out on this fantastic opportunity to own and operate an authentic Italian restaurant and takeaway in a prime location. Whether you're an experienced restaurateur or a passionate foodie looking to start your own business, this restaurant offers the perfect platform for success.

For more information or to arrange a viewing, please contact us now

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

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Suffolk
  4. Ipswich
  5. St. Peters Street

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.