Leasehold Fish and Chip Takeaway for Sale in Coventry West Midlands

Description

Leasehold Fish & Chip Takeaway Located in CoventryNew Lease To Be GrantedHigh TurnoverNo DeliveriesAsking Price £249,950 plus SAV (£2,500)LocationThis established fish and chip takeaway is located in the village of Alderman’s Green, Coventry. The premises occupy a highly visible and prominent trading position on Alderman’s Green Road. The surrounding area is densely populated with residential housing, with two nearby schools generating consistent local trade. Coventry city centre is approximately 3.5 miles away, with convenient access to the M6 motorway network.Business DescriptionVeritas Business Sales are pleased to present this thriving fish and chip takeaway located in Coventry. The business has been established for approximately 70 years and has been under the current ownership for the past 17 years. It was previously let for 11 years before the current owners re-established trading at the site just under 12 months ago. The business is now being offered for sale in order to facilitate retirement.During the current ownership, the premises have been fully renovated, redecorated, and fitted with new equipment, fixtures, and fittings, all included within the sale price. This represents a significant benefit for a new owner, as no major additional investment is expected in the short term.Alderman’s Green Fish Bar is a family-operated business supported by seven part-time staff members. The business currently generates an average weekly turnover of approximately £11,500, operating on a 100% walk-in trade basis. The menu includes fish and chips along with a wide selection of fast food items including chicken, burgers, pies, sausages, saveloys, kebabs, condiments, and cold drinks.There is also potential to increase turnover further through menu expansion and the introduction of online delivery platforms such as Just Eat. The business benefits from a strong local reputation and consistent repeat trade, making it a solid base for continued growth.Opening TimesMonday - Thursday: 11:30 - 14:00 and 16:30 - 21:00Friday & Saturday: 11:30 - 21:30Sunday: ClosedLeaseholdNew lease to be grantedTerm: NegotiableRent: £26,000 per annumBusiness rates: ZeroPremisesGround floor takeaway with serve-over counter, EPOS system, commercial frying range, kebab equipment, warming units, extraction system, stainless steel preparation areas, refrigeration units, storage facilities, prep areas, dry stores, chipping room, walk-in cold room, and walk-in freezer. The property also includes staff facilities and a rear yard area.Additional FeaturesUPVC double glazingCCTV system (13 cameras)Rear access and loading facilitiesAdjacent 3-bedroom house available by separate negotiation at £100 per week rentExternalSmall rear yard area providing additional operational space and access.