Millsy's, 20 Earlsdon Street, Coventry CV5 6EG
POACoventry
Warwickshire
CV1 1DY
Description
- Restaurant
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
Key Facts
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