Licensed Restaurant & Function Venue Located In Coventry
A3 & A4 Consent
Ideal For Shisha
Ref 2933

Location
A fantastic opportunity to acquire this vacant Restaurant & Function Venue which is located in the Foleshill area of Coventry. Situated at rear of 37 Broad Street. The property is accessed by a secure gated driveway with a large car park. The local area offers an abundance of retail shops, commercial businesses and is densely populated with residential properties. Coventry city centre is approximately (2 miles) away and you have easy access to the A444 which leads to the M6 motorway.

Asking Price £59,950 plus

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Restaurant & Function Venue which is located in Coventry. The premises trading as a successful Romanian Taverna but for unforeseen personal reason the business owners have had to go back home. We now act for the landlord so a new lease will be granted. The premises have been kept in good order and comes with plenty of equipment along with fixtures & fittings which are all bought and paid for are included within the sale price. The turnover was circa £8,000 per week but no accounting information will be provided.
We believe that this site offers huge potential and would suit a variety of cuisines as well as Shisha. With that in mind early viewing is highly recommended as this is not to be missed.

Licensing Hours
Monday - Sunday - 10:00 - 03.30

Leasehold
New lease to be granted
Term: negotiable
Rent: £35,000 pa
Business Rates: £2,000 pa

Ground Floor
Entrance door leading to hallway.
Ladies 2 x W/C's with wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser and wall mounted hand dryer.
Gents W/C with urinals, wash basin, wall mounted mirror, wall mounted soap dispenser, wall mounted paper towel dispenser and wall mounted hand dryer.
Restaurant/bar comprising: restaurant with tables & chairs to cover (70), table football machine, 4 x wall mounted TV's, stairs leading to a first floor balcony area for (20) people, second set of stairs leading to a balcony area for (30) people, bar servery with draught beer pumps, 2 x 2 door undercounter beer fridges (Adexa), chest freezer (Tefcold), storage shelves for glass display, EPOS till system, stainless steel sink drainer, base units, blender (Waring), dishwasher (Halcyon), ice machine, worktop with base units, fridge (Indesit) and coffee machine (on lease).
Kitchen comprising: stainless steel wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser, stainless steel sink drainer, base units, stainless steel dual sink, wall mounted units, worktop, microwave (Amana), fridge/freezer (Hotpoint), (Rational) oven, metal storage racking, 6 burner hob, stainless steel table x 2, tandoori oven (Shaan Tandoori), chargrill, hot cupboard (Toros), extraction canopy, dual deep fat fryer (Ace), saladette with 3 door undercounter fridge (Polar), 3 x stainless steel upright freezers (Polar), 2 door stainless steel fridge (Polar), hot cupboard with heated gantry, worktop with can opener and serving hatch to the restaurant.
Storeroom. Storeroom with 2 x chest freezers, meat slicer, boiler (Worcester Bosch) to service the central heating, exit door, metal storage unit and 2 filing cabinets.
Office with boiler (Main) to supply the hot water.
Second kitchen with chargrill, 6 burner range, extraction canopy, stainless steel sink, 2 door undercounter fridge (Polar), wash basin and fridge/freezer (Beko).
The property benefits from an intruder alarm, fire alarm, CCTV (8 camera system) and sound system.

External
Front car park for (25) vehicles. Yard area with decked area, timber built hut with pizza oven, smoking shelter with roller shutter opening to the second kitchen. Timber built function room for (70) people.

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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