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Millsy's, 20 Earlsdon Street, Coventry CV5 6EG

POA

Loveitts Commercial, Coventry
SIZE AVAILABLE

5,806 sq ft

539 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A4 Drinking Establishments

A4

Key features

  • Iconis Café, Bar and Restaurant
  • 532 sq.m. (5726 sq.ft.) approx.
  • Thriving Business Opportunity
  • Prime Earlsdon Position
  • Business Available
  • Access from two streets
  • Early viewing advised
  • Offers in Excess of £1,600,000

Description

Millsy's occupies a prominent corner position at the heart of Earlsdon High Street, having an extensive return frontage to Moor Street and is sited directly facing the equally popular Royal Oak pub which stands on the opposite Moor Street corner.

The newly opened Bospherous Turkish Restaurant is immediately opposite fronting Earlsdon Street itself.

Earlsdon Street is an extremely busy neighbourhood shopping district with a range of shops, cafés, restaurants and other drinking establishments also represented locally attracting significant customer numbers, with a thriving night time hospitality sector centred around the Millsy's café, bar and restaurant offering.

Coventry City Centre itself is approximately one mile distant.

Local parking is available on the neighbouring streets and there is a local pay and display car park accessible off nearby Warwick Street.

The location is also well served by taxis benefitting from morning, evening and night time trade.

Millsy's is an iconic Café / Bar and Restaurant business with a extremely loyal following borne out of its stellar reputation for hospitality, having a full premises licence and no tie, with the business now only available due the planned retirement of the longstanding freehold owners.

The accommodation is attractively presented throughout with the ground floor accommodation comprising a split level bar area with a lower café section opening out into the property's forecourt drinking area offering a comfortable overall capacity of 200 with male and female w.c. facilities also provided here along with disabled w.c. facilities.

Otherwise at first floor level there is an attractively appointed restaurant with a maximum 72 seater capacity together with a well equipped kitchen and with further w.c. facilities for customers and also staff.

The building also incorporates an extensive cellarage.

THE EXISTING BUSINESS

Miilsy's has been in the same dedicated ownership for the last 24 years and has established an enviable reputation serving the Earlsdon and the wider Coventry community, providing service from brunch time into the early hours of the morning. For many a local institution the business provides brunches, lunches and dinners and is a vibrant night time destination, being at the heart of Earlsdon and the wider Coventry community and enjoying an enviable reputation serving its customers with consistently high standards.

The sale in this case is to be progressed by way of a Transfer of a Going Concern (TOGG) so VAT will not be payable on the purchase price in this case.

Further details and copy accounts for perusal by all bona fide interested parties will be made available on the signing of a Non-Disclosure Agreement (NDA).

Stock will be available at valuation.



Accommodation:
Ground Floor: 2,771.00 sqft
First Floor: 2,174.00 sqft
Cellar: 861.00 sqft
Total: 5,806.00 sqft

Brochures

Millsy's, 20 Earlsdon Street, Coventry CV5 6EG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Canley Station0.7 miles
  • Coventry Station0.7 miles
  • Tile Hill Station2.8 miles

About Loveitts Commercial, Coventry

29 Warwick Row, Coventry, CV1 1DY

Loveitts Commercial, Coventry

Coventry & West Midlands Commercial Property Services

The industry experienced and dynamic Commercial Team at Loveitts provide a professionally accountable service acting for a wide range of corporate clients, private clients, charities and companies. In addition to our expertise in commercial agency, we offer the following comprehensive range of property services:

• Acquisition and Disposal advice

• Investment advice

• Valuations for Sale/Purchase, Secured Lend

More properties from Loveitts Commercial, Coventry

Notes

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Disclaimer - Property reference 116571. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts Commercial, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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