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Investment Highlights
- Freehold property located in Coventry city centre adjacent to Coventry University.
- Licensed nightclub with private bar on the first floor.
- Late-night license permitting alcohol sales until 5 a.m., seven days a week.
- Substantial trading areas over basement, ground, and first floors.
- Extensive outdoor seating capacity including beer garden and courtyard.
- Positioned near major transport links, including Coventry Train Station with direct service to Birmingham.
Executive Summary
The Phoenix offers a rare freehold acquisition opportunity in a prominent position within Coventry city center. Situated adjacent to Coventry University and near the intersection of Gosford Street and Jordan Well, this property benefits from high footfall and strong visibility, making it an attractive prospect for operators and investors alike.
The property features a substantial ground floor trading area with central bar servery, complemented by seating for patrons and a commercial kitchen. The first floor includes a dedicated nightclub with private bar servery, adding significant revenue potential through extended hours of operation under its existing Premises Licence, which permits trading until 5 a.m. Additionally, the basement serves as a cellar and storage area, while an external courtyard and beer garden offer extra seating capacity and an outbuilding for ancillary storage.
Convenience and accessibility are key strengths of this asset, with Coventry Train Station just 0.7 miles to the southwest, providing direct connections to Birmingham New Street in about 28 minutes. The site encompasses approximately 0.10 acres and includes both indoor and outdoor seating arrangements, making it suitable for a diverse range of hospitality concepts. Offers are invited in excess of £525,000 plus VAT.
The property features a substantial ground floor trading area with central bar servery, complemented by seating for patrons and a commercial kitchen. The first floor includes a dedicated nightclub with private bar servery, adding significant revenue potential through extended hours of operation under its existing Premises Licence, which permits trading until 5 a.m. Additionally, the basement serves as a cellar and storage area, while an external courtyard and beer garden offer extra seating capacity and an outbuilding for ancillary storage.
Convenience and accessibility are key strengths of this asset, with Coventry Train Station just 0.7 miles to the southwest, providing direct connections to Birmingham New Street in about 28 minutes. The site encompasses approximately 0.10 acres and includes both indoor and outdoor seating arrangements, making it suitable for a diverse range of hospitality concepts. Offers are invited in excess of £525,000 plus VAT.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,682 SF
Building Class
B
Year Built
1906
Price
$705,844
Price Per SF
$191.70
Tenancy
Single
Building Height
2 Stories
Frontage
62’ on Gosford St
Amenities
- Bus Line
- Security System
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Nearby Major Retailers
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Phoenix Public House | 122 Gosford St
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