£45,000
(£58.29/sq. ft)
Restaurant for saleChinese Takeaway, Ipswich IP2
772 sq. ft
Just added
Leasehold
About this property
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
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
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Monthly repayment
£225 per month
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