Leasehold Lic. Delicatessen in Forest Hill London for Sale, £300K PA Turnover, Expansion Potential
Forest Hill, London
- Status
FOR SALE
- Date Submitted:
11/07/23
- Advert ID
516472
- Reference
C1151 / Rightbiz
- Call Agent:
- Leasehold: £67,500 (Stock at valuation)
- Rent: £20,000
- Turnover: £286,000 (£5,500 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Established Business
- Prime Location
- Attractive Business
- Town Centre location
- Price Reduced
Business Details
LEASEHOLD LIC. DELICATESSEN
PRIME LOCATION - WELL ESTABLISHED - SAME HANDS 8 YEARS - TURNOVER £5,500 PWK - LOCK UP PREMISES
Location
These well appointed premises occupy a prime trading position forming part of a comprehensive parade, being opposite a Mainline rail Station and serving a densely populated residential and commercial catchment area.
Business
The business is well established, has been in the present hands since 2015 and is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for the introduction of longer hours, alcohol sales (Premises licence held) and more marketing/social media. The introduction of outside catering, deliveries and events would also be very lucrative.
Turnover
£5,500 PWK @ 45% GP.
Staff
Run by Owner and 1 part timer
Hours
Mon to Thurs 9.00am to 3.00pm Fri and Sat 9.00am to 4.00pm (Sun 10-2)
Premises
Mid parade premises with Double frontage and single entrance to: Shop Area: 500 sqft, well equipped including Counter, elect till, 3 display chillers, 2 group espresso machine. Prep Kitchen: Turbo oven, st/stl prep surfaces, induction hob, 2 upright chillers. Lobby: St/stl sink. Staff W.C and w/basin. Store Area. OUTSIDE – Small Courtyard/Garden: to rear with pedestrian access.
Tenure
10 years remaining on original 12 year lease RENT - £20,000 PA (4 year reviews)
EPC Rating
Band D
Business Rates
Nil currently payable
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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.'.
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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
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
Get Solicitor
