The premises are prominently located on Albany Road in the heart of Earlsdon in Coventry. The Restaurant is in a prime location 10 minutes walk from the city centre and Coventry train station and also the Earlsdon high street. The only reason i am selling this Restaurant is I don’t have enough time I have another business so I can’t concentrate on both the businesses.
This restaurant has a good size kitchen / cooking area and bar, it’s a 3 floor Restaurant first and second floor is used as restaurant and third floor empty at the moment but it can easily be converted in to rooms for accommodation
A very well known Fully licensed 100 seater Indian Restaurant in Earlsdon Coventry is for sale. There are lots of regular customers and students in and around this area that we have built in few years.
There is also two universities around there the main Coventry university and the Warwick university lots of students around the area. Having won the UK City of Culture 2021 the business and shops have seen a massive increase in sales. Also lots of development works are being carried out in around the city, there is big potential and lot of money to be made. I have run this restaurant for the last 8 years I have been very happy with this Restaurant and also made lots of money from it. I would not sell but the reason is I can’t be in two places at once.
A3 with alcohol licence
£65,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.
The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews.
£26,000 per annum
Approximately 3000 sq ft
7 days a week 5 p.m till 11:30 p.m
Owner managed with 8 staff
Cooking area and bar, it’s a 3 floor Restaurant first and second floor is used as restaurant and third floor empty at the moment but it can easily be converted in to rooms for accommodation
Current turnover in excess of £260,000 per annum approximately
To be confirmed
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FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
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- Offers Invited
- New Lease
- Established Business
- With Car Park
- Accounts Available
- Prime Location
- Fully Fitted
- High Turnover
- Open Plan Trading Area
- Attractive Business
- Town Centre location
- Free of Tie Leasehold
- Close to Local Amenities