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Exceptional Suburban Delicatessen/cafe for Sale

Coventry, West Midlands

Leasehold : £ 129,995

This excellent leasehold delicatessen is located in Earlsdon, Coventry. The Earlsdon area attracts visitors from many different areas and it is regarded as the prime residential and suburban shopping area of the city. Earlsdon is situated in an ideal location close to Coventry town centre. The high street is a vibrant mix of shops, banks and restaurants which is busy with both daytime and evening trade. It has a well established affluent professional and semi-professional community who shop locally and there are active community associations. There is also a substantial resident student population who attend the two nearby local universities of Coventry and Warwick. The shop faces South so there is always plenty of light inside and the forecourt is a popular place to sit outside in the sun at all times of the year.

EXCEPTIONAL SUBURBAN DELICATESSEN/CAFE – COVENTRY
Situated in the “Earlsdon Village” area of Coventry
Early viewing essential to fully appreciate
Genuine reason for sale – retirement
Further development potential
Ideal partnership opportunity
Godiva Award Holder
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this popular delicatessen/café which was established in 1998 and has been in the careful hands of our clients since 2006. Our clients are reluctantly offering the business to the market in order to take a well deserved retirement. Since taking ownership of the business our clients have invested both time and money into the business, meaning that it is in full walk-in condition. It has a fantastic reputation locally and also has regular clients from outside the area. Our clients inform us that they generate a respectable annual turnover which is derived from the coffee shop plus the retail sale of deli products such as cold meats, olives and cheeses. There is a strong Christmas trade in gift hampers and seasonal products. The café offers a hot and cold menu which features custom-made sandwiches, teas/coffees and a variety of cakes and snacks. There is a strong takeaway trade to local businesses and workers. The café offers a buffet service to several local businesses and there is scope to expand this. The café also host numerous community events throughout the year. This is a superb opportunity to purchase an established business which is a great base to build upon. Therefore early viewing is highly recommended as businesses of this nature rarely stay on the market for long.

Trading Hours: Monday – Friday: 08:30 to 17:00
Saturday: 08:30 to 17:00
Sunday: 10:00 to 15:00
 
Accommodation: Well signed character property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Open plan delicatessen/cafe

Dining tables and chairs for approximately 20+ covers

Chilled glass fronted serve-over display counters

Product shelves

Open fronted fridge display

Oils and vinegar displays

Serving/payment counter

Work area/preparation area with coffee machine, slicer, fridge, freezer, worktops etc

Fully fitted kitchen

Wash area

Storage room

Toilet facilities

EXTERNAL
Large canopy over dining tables and chairs for approx 27 covers
Roadside parking
Rear yard area
2x shed for storage including fridges and freezers
Bin storage
 
Tenure: We are advised leasehold
Original length: 9 years
Remaining: 1 year
Rent: £16,000pa
 
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224 Advert ID 44241    Sellers Ref : 3744/BSOL

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