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Retail property (high street)

0121 721 6440

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Retail property (high street)

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0 bath

Property description & features

Leasehold
Convenience Store & Bakery
Newly Fitted
Prominent Main Road Location

Leasehold Convenience Store & Bakery Located In Earsldon, Coventry
Ref 2601

Location
Veritas Business Sales offer an opportunity to acquire this Convenience Store & Bakery which is located in the sought after area of Earlsdon. Situated within a prominent and highly visible trading position on Albany road which leads you to Earlsdon street where you have a selection of the prime retail shopping with a number of niche independent retailers along with plenty of bars, restaurants and cafés, all of which bring high levels of footfall to the area. Coventry city centre can be reached within 1 mile away.

Asking Price £19,000 plus SAV (£5,000)

Business Description
Veritas Business Sales are delighted to offer for sale this Convenience Store & Bakery which is located in Earlsdon. The premises were transformed into what you see today by my clients back in September 2020 and they started trading in January 2021. Other business commitments are now taking up most of their time so reluctantly they are now offering the lease for sale.
Since ownership my client has refurbished, redecorated, updated the wiring and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Old Sparrow retails a selection of groceries, confectionery, dairy products, frozen foods, pastries, artisan vegan bread and cold drinks. What's on offer is the lease to include all fixtures & fittings. As the business is so new no accounting information will be provided.
We believe that there is great potential to enhance the business by increasing the product lines, offer freshly cut sandwiches and maybe applying for an off-licence. This is a superb opportunity to purchase a retail shop in a great location with plenty of potential and as such early viewing is highly recommended.

Opening Hours
Monday - Friday - 9:00am - 8:00pm
Saturday - 10:00am - 6:00pm
Sunday - closed

Leasehold
Term: 6 years
Remaining: 5 years
Rent: £11,040 pa
Business Rates: zero pa

Ground Floor
Retail comprising: sales counter with EPOS till system, sales & display shelves, central displays, 5 deck dairy chiller, 2 x bread display shelves, 2 door upright drinks fridge, chest freezer, metal storage racking, convection oven (Turbofan) and stainless steel worktop.
Kitchen/stores with stainless steel sink drainer, large dough mixer, worktop with base units and storage shelves. Hallway with stainless steel sink drainer, base units and rear door.
W/C with wash basin.

The property benefits from CCTV (7 camera system) and manual roller shutters to the frontage.
EPC Rating E
External
Rear yard with side gate.

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Places of interest

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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Property reference 2601. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

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