Leasehold Fish & Chip Takeaway Located In Coventry
3 Bedroom Accommodation Above
No Deliveries
Ref 2765

Location
This outstanding Fish & Chip Takeaway is located in Coventry, West Midlands. It sits within a highly visible and prominent trading position and is close to a number of other complimentary retailers to include a bookmakers, minimart, off-licence, domestic appliances shop, barbers and hairdressers. The area is densely populated with residential properties, has good parking and easy access to major A roads.

Asking Price £90,000 plus SAV (2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Fish & Chip Takeaway which is located in Coventry. The business has been established for 18 years and has been in the careful hands of our client since 2015 and is reluctantly being offered for sale so that he can enjoy a well deserved retirement.
Since ownership they have continually 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 business is owner operated and employs the help of 2 full time and 2 part time members of staff and has an impressive weekly turnover of circa £4,500. They serve a fine selection of traditional fish & chips along with southern fried chicken, chicken nuggets, wraps, burgers, pies, sausages, saveloy's, kebabs, condiments and hot & cold drinks.
We believe that there is further potential to increase trade should you wish by maybe introducing pizzas having a more hands on owner operator, doing deliveries and opening on Sundays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Saturday - 11.30am - 2.00pm - 4.30pm - 10.00pm
Sunday - closed

Leasehold
Original term: 20 years
Remaining: 18 years
Reviewed: 4 yearly
Rent: £20,800 pa
Rates: zero
Council tax: £1,080 pa

Ground Floor
Takeaway with serve over sales counter with electronic cash register (Sharp), 8 x wall mounted menu boards, 2 pan range (Preston & Thomas) with 1 chip box, 1 scraps box and 2 x warming cabinets, upright drinks fridge, 6 pot wet bain-marie, salad fridge, base units, triple kebab rack, single kebab rack, kebab meat shaver, kebab meat catcher, extraction canopy, chicken fryer (Kuroma), 4 ring gas hob/oven, stainless steel double sink, stainless steel wash basin, and 4 wall mounted metal shelves.
Chipping room with chipper (Bold), Rumbler, potato storage area, stainless steel work top, 3 x chest freezers and 4 x upright fridges. Hallway with stainless steel work top, 2 wall mounted metal shelves, combi boiler (Main Multipoint FF) and gas/electric meter cupboard. W/C with hand wash basin. Small kitchen with wall & base units, upright fridge, commercial microwave (Panasonic) and commercial microwave (Sharp). Staff room with table & chairs. Stockroom.

First floor
Kitchen
Bathroom with bath, W/C and hand wash basin.
Lounge
Double bedroom

Second floor
Double bedroom
Single bedroom

The accommodation is sub-let for £400 PCM

External
Rear yard.
Frontage with off road parking for (6) and self contained door to accommodation.

The property benefits from gas fired central heating

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.

No longer on the market

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