A well-established fish and chip shop takeaway in Coventry that also comes with three-bedroom accommodation above the shop is on the market. George’s Fish Bar, located on Proffitt Avenue in Bell Green is on sale for £90,000.
George’s Fish Bar has been established for 18 years and has been with the current owner since 2015. The three-bedroom accommodation above the shop is currently on sub-let for £400 per calendar month.
The current owner has continually invested in new equipment, along with fixtures and fittings, all bought and paid for and included in the sale price. The chippy has been put on sale so the owner can enjoy a ‘well-deserved retirement’.
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The listing states the shop is located within a ‘highly visible and prominent’ trading position, and is close to some retailers including a mini-mart, off-license, bookmakers, domestic appliances shop, barbers, and hairdressers. The area is also populated with residential properties, has good parking, and easy access to major A roads.
The takeaway has a 4.5-star rating on Google reviews, with many saying they offer ‘great fish and chips’ at ‘reasonable prices’. Leo Delaney said: “Just moved to the area and heard a lot about this chippy, believe me when I say the food is top-notch, chips are second to none and the boss’s homemade chilli sauce on his kebabs, simply the best, love this place.”
Rebecca Cooper added: “Friday night treat for the kids and they love it. The chicken and donor kebabs are fresh, tasty with lovely sauces and salad, chips are tasty and fresh and crispy, no soggy chips like all other chippies in the area.”
The business is owner-operated and employs 2 full-time and 2 part-time staff members. They serve traditional fish and chips, along with southern fried chicken, burgers, wraps, pies, sausages, saveloys, kebabs, condiments, plus hot and cold drinks.
The current owner believes there is further potential to ‘increase trade’ by introducing pizzas, a more ‘hands-on’ owner-operator, doing deliveries and opening on Sundays. The business has a ‘strong reputation’ within the local community and receives high levels of regular and repeat trade, along with passers-by.
Here is what’s included on the premises:
Ground floor:
- Takeaway with serve over sales counter with electronic cash register
- 8 wall-mounted menu boards, 2 pan ranges with 1 chip box, 1 scraps box, and 2 warming cabinets and drinks fridge.
- 6 pot wet bain-marie, salad fridge, base units, triple kebab rack, single kebab rack, kebab meat shaver, kebab meat catcher, extraction canopy, and chicken fryer.
- 4 ring gas hob/oven, stainless steel double sink, stainless steel wash basin, and 4 wall-mounted metal shelves.
- Chipping room with a chipper, Rumbler, potato storage area, stainless steel worktop, 3 chest freezers, and 4 upright fridges.
- Hallway with stainless steel worktop, 2 wall-mounted metal shelves, combi boiler, and gas/electric meter cupboard.
- W/C with hand wash basin.
- Small kitchen with wall & base units, upright fridge, and commercial microwave.
- Staff room with table & chairs.
- Stockroom
First floor:
-
Kitchen Bathroom with bath, W/C, and hand wash basin.
-
Lounge and double bedroom
Second floor:
- Double and single-bedroom
The leasehold is 20 years, with 18 years remaining, and reviewed every four years. The rent is £20,800 per year, with council tax at £1,080 per year and zero business rates. The fish and chip shop also has a weekly turnover of £4,500.
For more information about the sale of George’s Fish Bar, visit the BusinessesForSale website.
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