Turnkey takeaway with upper-floor rental income — short lease, strong trade potential.
Established fish & chip business; average weekly turnover £6,500–£7,000
This leasehold fish & chip takeaway sits on a busy parade in Whitmore Park, Coventry, with an established local reputation and strong walk-in trade. The business reports an average weekly turnover around £6,500–£7,000 and includes all kitchen equipment, fixtures and fittings — a ready-to-run operation for an experienced operator or investor. Approximately 60% of sales are walk-in with the remainder from delivery platforms, offering a steady income base and scope to expand trading hours or menu to increase takings.
The ground-floor commercial unit is compact and well-equipped (3-pan range, bain-maries, fridges, freezers, extraction canopy) and benefits from CCTV and a rear yard. There is off-street frontage parking for three cars. Above the shop is a three-bedroom flat currently sub-let (documents state £1,000 pcm in one place and £1,450 pcm in another); the flat produces rental income and can be made available to a purchaser.
Important material drawbacks: the property is leasehold with only 23 years remaining on the lease and an annual rent of £23,000 — lenders commonly refuse mortgages where short leases remain, and lease length will limit mortgage and resale options. The lease is reviewed every four years. The property has an EPC rating of D and dates from the 1930s–1940s with assumed cavity walls and no installed wall insulation.
This opportunity best suits an operator or investor who can purchase outright or fund without standard mortgage products, and who can capitalise on an established trading position. There is clear upside from menu diversification, extended opening hours and re-marketing delivery options, but any buyer must factor in lease length, rent level and potential refurbishment to maximise value.
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