Off Licence In Surrey

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Status
FOR SALE
Advert ID
201111
Reference
05336 / RightBiz

Details

    *LOOKING FOR A QUICK SALE*

    Excellent trading location

    Long lease terms and low rent

    Good selection of alcoholic drinks

    Growth potential

Intelligent Business Transfer is pleased to offer for sale this well-established off-licence that enjoys a superb location on a busy high street in a residential area of south-west London. The location offers plenty of passing trade to boost the local customer base.

The double-fronted premises are eye-catching on the outside and spacious inside, with a good range of stock that includes wines, lagers and whiskies. The current owner boosts sales with a range of tobacco and confectionary products. The new owner will further benefit from low rent on premises that are held on a long lease, which has well over a decade remaining.

There remains plenty of opportunity for a new owner to grow the business. The main options are to undertake marketing activities. This could include establishing a website and/or social media presence and advertising locally. Given the nature of the business, there is plenty of scope to introduce in-store promotions.

Overall, this could appeal to a range of buyers, including retail entrepreneurs looking for a thriving operation that enjoys an enviable location and plenty of growth potential.

The current owner has indicated a willingness to stay on for a transitional period of up to one month to help the new owner get up to speed with the business. A quick sale is preferred.

Intelligent Business Transfer has been requested to find a suitable buyer.
Listing Details
Leasehold Price: £34,999
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £228,072
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