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5-Star Rated Leasehold Sandwich Bar with High Turnover in Coventry for Sale

Coventry, West Midlands, ID 149689

5-Star Rated Leasehold Sandwich Bar with High Turnover in Coventry for Sale 1
5-Star Rated Leasehold Sandwich Bar with High Turnover in Coventry for Sale 1
Asking price:
GBP £59 950
Owner
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Description

Location This established Sandwich Bar is located in Coventry, in a prominent and highly visible position on Aldermans Green Road (B4109), at the corner where it meets Jackers Road. The surrounding area is densely populated with residential properties and other businesses, with two schools nearby. Coventry city centre is approximately 3.8 miles away. Leasehold Asking Price: £59,950 plus stock at valuation (£1,500) Business Description Veritas Business Sales offers for sale this well-regarded Sandwich Bar, established over 22 years and operated by the current owner for the past 10 years. The business is now being sold to allow the owner to enjoy retirement. All fixtures, fittings, and equipment have been continually updated and are included in the sale price, providing a turnkey opportunity for a new owner. The business is owner-operated with support from two part-time staff. The menu includes breakfast sandwiches, breakfast trays, cold sandwiches, wraps, baguettes, paninis, salad boxes, jacket potatoes, burgers, coffees, teas, and soft drinks. There is potential to increase turnover by extending opening hours, opening on Sundays, expanding outside catering and buffets, and joining online delivery platforms such as Just Eat, Deliveroo, and Uber Eats. The business benefits from strong local community support, regular repeat trade, and passing trade. Accounts are available on request. Opening Hours Monday – Friday: 8:00am – 2:00pm Saturday: 8:00am – 1:00pm Sunday: Closed Leasehold Details Lease term: 12 years Remaining: 10 years Rent: £3,673.68 per annum Business rates: Nil Ground Floor Takeaway area includes: serve-over chilled display counter, Coca-Cola drinks fridge, crisp display stand, 2 griddles (Stalwart), 4-pot wet bain-marie (Lincat), stainless steel worktops with base units, cash register (Sharp), 4-slice toaster, stainless steel wash basin, specials blackboard, ceiling-mounted menu boards, and rear exit door. Covered yard with 3 upright fridges (Indesit) and chest freezer. Side entry with worktop and base units. Staff W/C with wash basin, soap dispenser, paper towel holders, electric water heater (Triton), and electric heater. Prep room with 2 single deep fat fryers, 3 undercounter freezers, worktop with base units, walls and ceiling clad in UPVC. Kitchen with 4-ring electric hob/oven, microwave, worktops with base units, stainless steel sink drainer, tin opener, soap dispenser, paper towel holder, and 2 wall-mounted shelves. External Frontage with seating for 12. Car park with space for 4 vehicles.

Details

Real Estate: Lease
Asking price: 59 950 gbp
Rent (per year): 3 674 gbp

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