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Leasehold Fish and Chip Takeaway for Sale in Coventry West Midlands

Coventry, West Midlands
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Leasehold Fish & Chip Takeaway Located In Coventry Photo 1
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  • Leasehold: £249,950
  • Turnover: £598,000 (£11,500 per week)
  • Profit: Not Applicable

Business Details

Leasehold Fish & Chip Takeaway Located In Coventry

Leasehold Fish & Chip Takeaway Located In Coventry
New Lease To Be Granted
High Turnover
No Deliveries
Ref 3234

Asking Price £249,950 plus SAV (£2,500)

Location
This respected Fish & Chip Takeaway is located in the village of Alderman’s Green, Coventry. Situated within a highly visible and prominent trading position on Alderman’s Green Road. The immediate area is densely populated with residential houses and has two schools nearby. Coventry city centre is approximately (3.5 miles) away and you are in close proximity to the M6 motorway.

Business Description
Veritas Business Sales are delighted to offer for sale this thriving Fish & Chip Takeaway which is located in Coventry. The business has been established for circa 70 years and has been in the ownership of our clients for the past 17 years. They rented the shop out for 11 years but have taken back the lease just under 12 months ago. They are now offering the takeaway for sale so that they can enjoy a well deserved retirement.
Since ownership they have renovated, redecorated and installed 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. Alderman’s Green Fish Bar is family operated with the help of 7 part time members of staff and has an average weekly turnover of circa £11,500 which is all walk-in trade. They serve a fine selection of fish & chips along with chicken, burgers, pies, sausages, saveloy’s, kebabs, sundries, condiments and cold drinks. Please note that there is a 3 bedroom house next door which can be made available at additional rent if required.
We believe that there is further potential to increase trade should you wish, by expanding upon the current menu and by joining the online delivery portals such as Just Eat. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a fantastic opportunity to purchase an established high turnover business which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Thursday – 11:30 – 14:00 – 16:30 – 21:00
Friday & Saturday – 11:30 – 21:30
Sunday – closed

Leasehold
New lease to be granted
Term: negotiable
Rent: £26,000 pa
Business rates: zero

Ground Floor
Takeaway comprising: serve over sales counter, sales till (Sam4s), 3 pan range (Preston & Thomas), 2 x chip boxes, 2 x scrap boxes, 3 x warming cabinets, single kebab machine (Easy cut), single kebab machine (Archway), dual kebab machine (Archway), 3 x kebab meat catchers, kebab meat shaver, electric knife, extraction canopy, 3 x stainless steel tables, small stainless steel table, stainless steel wash basin, 3 x wall mounted stainless steel shelves, 3 pot wet bain-marie (Buffalo), 2 x two slice toasters, saladette with two door under counter fridge (Polar), insect zapper, 2 door coke fridge, 4 pot wet bain-marie, metal cupboard storage, worktop with two base units and 7 x menu boards.
Hallway with worktop with 2 x base units, vinegar barrel, commercial microwave (Samsung), fat filtration machine (Aries 3), 2 x metal storage units, stainless steel shelf and 2 x flour storage containers.
Dry stores with double doors to the frontage, chest freezer, 4 x metal storage units, fridge freeze (Indesit), potato storage area, spare potato peeler (Bold), stainless steel table, batter mixer (Bold), dual stainless steel sink and rear exit door.
Staff toilet with wash hand basin and commercial water heater (Ariston).
Chipping room with stainless steel potato soak tank, potato peeler (Bold), potato chipper (Bold), 4 x plastic chip bins and wall mounted knife rack.
Prep kitchen comprising: worktop with two base units, wall mounted cling film machine, stainless steel table, gas hob (Hosty), dual stainless steel sink drainer, 2 x wall mounted metal shelves, wall mounted knife rack, walk-in cold room, walk-in freezer room, insect zapper and rear exit door.

The property benefits from UPVC double glazing and CCTV (13 camera system).
There is a 3 bedroom house next door which can be made available for an additional rent of £100 per week

External
Small rear yard area.

EPC Rating C


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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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