Summary - E-318801 - Rep, Tower Street, Ipswich IP1 3BE IP1 3BE
1 bed 1 bath Pub
**Standout Features:**
- Prime town center location with a 2am license
- Substantial open-plan trade area, seating for over 140
- Historic Grade II listed property with unique period features
- Modern and well-equipped trade kitchen
- Large overall size of 12,366 sq ft with multiple usable floors
- Long lease term: 68 years remaining from a 75-year lease
**Potential Downsides:**
- Local crime rate is very high
- Limited mortgage lending options due to lease length
- Renovation or extension may be challenging due to listed status
Welcome to The Rep, a spacious and character-filled pub situated in the heart of Ipswich, boasting an enviable 2am license. Originally a repertory theatre, this Grade II listed property offers a blend of historic charm and modern functionality, featuring a generously sized open-plan trade space capable of accommodating over 140 patrons. The property’s well-equipped kitchen sets the stage for culinary potential, perfect for attracting a diverse crowd of locals and visitors alike.
However, potential buyers should be mindful of the high local crime rate, which may impact operational considerations. Additionally, with 68 years remaining on the current lease, financing options may be limited. The property’s listed status may also impose restrictions on future renovations or extensions, reinforcing the importance of careful planning for any desired improvements.
Don't miss out on this unique opportunity to own a piece of Ipswich's vibrant nightlife! With easy access to a range of amenities and a fantastic location for event hosting, The Rep awaits your vision. Act quickly as opportunities like this are hard to find!
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