Summary - 9 9 9 9 Orwell Place, Ipswich, IP4 IP4 1BB
1 bed 1 bath Restaurant
Well-rated Thai business with sizeable trading space and growth potential.
1,850 sq ft open-plan restaurant with high ceilings and exposed features
A rare central Ipswich restaurant premises with strong local reputation and large open-plan space spanning 1,850 sq ft. The business has established online ratings and a loyal customer base for authentic Thai cuisine, offering immediate trading income and scope to increase covers or add daytime trade.
The premises sit in a Georgian commercial building with high ceilings, exposed brickwork and a modern interior, creating a flexible layout for dining, takeaway or hybrid operations. Excellent mobile signal and fast broadband support delivery platforms and online ordering.
Important cautions: the unit is leasehold with only eight years remaining — many mortgage lenders may refuse lending and the short term requires careful negotiation of terms or landlord agreement for extension. The area records very high crime and very high deprivation indices, which affects evening footfall, staffing and insurance costs.
This opportunity suits a buyer seeking a turn-key restaurant business with growth potential, or an investor comfortable managing lease and locality risks. Expect to budget for a lease extension or to secure alternative finance; operational improvements and marketing could boost returns but factor in local socio-economic challenges.
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