Ipswich’s Central Shopping Centre Hits the Market
The Buttermarket, a prominent retail and leisure hub in Ipswich, is now up for sale as its owner looks to diversify investment strategies. Cushman and Wakefield, a well-known property management firm, is overseeing the sale.
New Opportunities for Ipswich’s Buttermarket
Rebecca Bird, the centre manager, expressed optimism about the sale. She believes it presents a significant opportunity for new ownership. Bird stated, “There’s so much untapped potential in the Buttermarket. With the right vision and ambition, the new owners can take what’s started here to its full potential.”
Positive Growth Amid Challenges
Despite the general decline affecting UK high streets, the Buttermarket continues to thrive. In 2025, the shopping centre reported a year-on-year footfall increase of 1.3%. Major retailers are also showing confidence in the centre by renewing or extending their leases.
- TK Maxx: renewed lease
- New Look: renewed lease
- Grape Tree Foods: renewed lease
- Superbowl: new lease
- The Deesigner Hair Studio: 15-year lease renewal
- Jacey’s Café: new tenant after owner retirement
- Twist and Shout: renewed lease
Community Engagement and Recognition
Over the years, the Buttermarket has gained accolades for its community and environmental initiatives. It won the Gold Award at the Green Apple Environment Awards and an International CSR Excellence Award.
In a display of community support, the Buttermarket raised £17,026 for various charities in 2025. They also collected over 100 toys for the Salvation Army Toy Appeal and donated more than 200 food items to the BME Suffolk Food Bank. The centre has opened its doors to over 20 community organizations, enhancing its role in the local area.
The Buttermarket’s impressive performance and commitment to community engagement make it an attractive opportunity for prospective buyers looking to invest in Ipswich’s retail scene.
