Takeaways, laundrette and a newsagents: The shops for sale in Coventry right now

After an extended period of lockdown, the high street is slowly reopening for business.

More and more sectors are being given the green light to resume trading, and it is hoped that shoppers will return – albeit at a safe social distance – to Coventry’s shops and businesses.

And, with trading once again permitted for the majority of industries, it may represent a period of opportunity for the more business-minded people out there.

There are a number of existing establishments currently on the market in Coventry.

From takeaways, to laundromats, and newsagents to florists.

We’ve put together a list of some of the shops for sale in Coventry right now.

1. Laundrette – Eastern Green

Leasehold Price: £59,995

Turnover: £36,400

Located on Sutton Avenue, Eastern Green, Monarch Laundry is currently on the market.

A new owner would be stepping into a well established business, having stood in place for 55 years.

It is believed that the current owner is retiring.

According to the selling agents, there is little competition locally, and the business has low running costs and inexpensive business rates.

More information can be found here.

2. Indian restaurant and bar – Stoke Aldermoor

Asking Price: £35,000

Turnover: Under £50K

Currently trading as the RD Bar and Grill on Acorn Street, this fairly new establishment is on the market.

The restaurant is said to have new and modern kitchen equipment and fixtures and fittings, which are included in the sale price.

It currently serves meals, snacks, and alcoholic beverages, and there is scope to increase the trading hours.

More information can be found here.

3. Newsagents – Binley Woods

 



K&P Newsagents

 

Asking price: £49,995

Since the 1960s, a newsagents has stood in place on Woodlands Road.

The current owners of K&P Newsagents are said to want to relocate to Cornwall, leading to the business being brought to market.

Currently, the business offers a great deal of products and services, but according to the selling agent, there is scope to double the amount of alcohol sold, which could potentially double the turnover.

More information can be found here.

4. Florist – Coventry city centre

 



City centre florist

 

Asking Price: £5,000

Turnover: £40,000

Located in prime position in the city centre, this florist having been in place for 16 years, though there is potential for change of use of the premises.

Fixtures and fittings are included in the asking price.

It is thought that the current owner is looking to move overseas.

Located on New Union Street, the premises is located in a busy part of town.

More information can be found here.

5. Jacket Potato cafe – Holyhead Road

 



Wilda’s Hot Jacket Potatoes

 

Asking price: Offers in region of £150,000

Situated on the main road linking Coventry city centre and Allesley, Wilda’s Hot Jacket Potatoes is up for sale.

Described as a niche business, it has been open since 1998.

Primarily a take-away which unsurprisingly sells jacket potatoes, it comes well equipped for trade.

More information can be found here.

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