London Off Licence for Sale - 14k Weekly, 14 Year Lease Left, Well Equipped, Potential Growth
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
06/09/22
- Advert ID
499739
- Reference
2172 / Rightbiz
- Call Agent:
- Leasehold: £200,000 (Stock at valuation)
- Turnover: £728 (£14 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Established Business
- Offers Invited
- Unique Business
- Prime Location
- Attractive Business
- Close to Local Amenities
- High Turnover
Business Details
LONDON OFF LICENCE FOR SALE 14k WEEKLY SALE
Sale: £13,000 - £14,000 Weekly
Rent : £24,000 PA
Rates: £6000
Timing: 7am - 10pm
Location: Wembley
Lease: 14 Year Lease Left (Renewable)
DESCRIPTION
VERY WELL EQUIPPED OFF LICENCE FOR SALE, WITH FITTINGS & FIXTURES
Sale
We have been informed the shop sale is approx £10,000 to £12,000 weekly. There is a huge potential to increase the sale. The current leaseholder is trading at 35-40% margin and there is a potential to add further lines of more products and increase the sale.
Area
This shop situated in Wembley surrounded by a busy parade and residential area.
This shop is located near to the Bus Stop and it has a potential of Oyster and Lottery to be added, which can attract further customers and increase the sale.
The Shop is fully equipped including a counter, electronic cash registers with scanning, Drink cooling fridges, Vape and potentially mobile phone that can be added.
RENT
The rent is currently £24,000 per annum.
Next Rent Review in 2026. (Every 5th Year, Last One Was In 2021.)
TIMING
Everyday:
7am - 10pm
RATES
£6000 P.A
PRICE
We understand the premises are held on a secure renewable lease at the price of £200,000
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Lease:
14 years left. Renewable Lease
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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