Leasehold Sandwich Bar Located In Coventry
5 Star Facebook Rating
Ref 2913

Location
This respected Sandwich Bar concern is located in Coventry. Situated within a prominent and highly visible trading position on the (B4109) Aldermans Green Road and on a corner where it meets Jackers Road. The surrounding area is densely populated with residential properties, other businesses and benefits from two schools nearby. Coventry city centre is within easy reach being just (3.8 miles).

Leasehold Asking Price: £59,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Sandwich Bar which is located in Coventry. The business has been established for over 22 years and has been in the careful hands of our client for the past 10 years. The business is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have made continual investment in new equipment, along with all 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. Maddy's is owner operated with the help of 2 part time members of staff. They serve a fine range of breakfast sandwiches, breakfast trays, cold sandwiches, batches, wraps, baguettes, panini's, salads boxes, jacket potatoes, burgers, coffees, teas, and soft drinks.
We believe that there is a potential to increase trade, should you wish to extending the current opening times, by opening back up on Sundays, building the outside catering & buffets and by joining the online deliver portals such as Just Eat, Deliveroo & Uber eats. The business enjoys a strong reputation within the local community and beyond, and as such, has a high level of regular and repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established business with plenty of potential which is a great base to build upon and as such early viewing is highly recommended. Accounts available on request.

Opening Hours
Monday - Friday - 8:00am - 2:00pm
Saturday - 8:00am - 1:00pm
Sunday - closed

Leasehold
Lease term: 12 years
Remaining: 10 years
Rent: £3,673.68 pa
Business rates: zero

Ground Floor
Takeaway comprising: serve over chilled display counter, Coca-Cola drinks fridge, crisp display stand, 2 x griddles (Stalwart), 4 pot wet bain-marie (Lincat), stainless steel worktop, worktop with base units, cash register (Sharp), 4 slice toaster, stainless steel wash basin, 3 x wall mounted paper towel holders, specials blackboard, ceiling mounted menu boards and rear exit door.
Covered yard area with 3 x upright fridges (Indesit) and chest freezer.
Side entry with worktop, base units and door leading to the frontage.
Staff W/C with wash basin, wall mounted soap dispenser, wall mounted paper towel holder, electric water heater (Triton) and electric heater.
Prep room with 2 x single deep fat fryers, 3 x undercounter freezers and worktop with base units. The walls and ceiling have been cladded with UPVC.
Kitchen comprising: 4 ring electric hob/oven, microwave, worktop with base units, worktop with stainless steel sink drainer and tin opener, wall mounted soap dispenser, wall mounted paper towel holder and 2 x wall mounted shelves.

External
Frontage with external seating for (12). Car park with parking for (4).

EPC Rating D

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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