105-106 Spon End, Coventry

Tutis Estates is instructed to offer for sale the leasehold interest in Spon End Fish Bar, a well-established takeaway at 105–106 Spon End, Coventry, CV1 3HF — a busy road on the western fringe of the city centre, close to the ring road, Spon Street and the Butts, and within walking distance of the centre. The business is offered as a going concern with the benefit of a new lease direct from the freeholder and two-bedroom living accommodation above — an owner-operator can live on site and trade downstairs.

Terms - New lease from the freeholder at £21,600 per annum (£1,800 per calendar month), inclusive of the shop and the flat; term and review pattern by negotiation. Premium of £80,000 for the fixtures, fittings, equipment and goodwill. Stock at valuation.

Business - The business trades a broad menu: fish and chips, lamb and chicken doner, kebab wraps and batches, burgers, wing meals and the full range of traditional chip-shop lines. It has a loyal local following and trades six days a week on limited hours. The business holds a Food Hygiene Rating of 5, inspected June 2024.

Kitchen - The kitchen is well equipped — twin doner machines, frying range, bain-maries, sauce station, refrigeration and full extraction — with a customer area, serving counter, preparation room and stores. All equipment is owned outright and included in the sale; nothing is on lease or finance. The premises benefit from a long-standing planning consent for hot food takeaway use.

Scope - There is clear room to build on the existing trade: fried chicken, loaded fries and box meals from the existing fryers and grill; pizza, curries and desserts with modest additional equipment; a delivery service, none currently operated; extended opening hours within the existing consent; and a review of pricing. Substantial new residential development is under way in the immediate area.

Serious Operators Only - Before accounts or further information are released, applicants will be asked to sign a non-disclosure agreement and to provide evidence of their financial position — proof of funds for the premium, or a decision in principle. This ensures the owners' time is spent only with buyers in a position to proceed. Viewings strictly by appointment through Tutis Estates — please do not approach the staff or discuss the sale in the shop.