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North West London Off-License Business for Sale with High Sales Potential

City of London, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/12/23

  • Advert ID

    604048

  • Reference

    1012NW10 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £150,000 (Stock at valuation)
  • Rent: £10,000
  • Turnover: £468,000 (£9,000 Per week)
  • Net Profit: On request

Key Features

  • With Car Park
  • Accounts Available
  • Prime Location
  • Fully Fitted
  • New Lease
  • Close to Local Amenities

Business Details

THIS OFF LICENSE IS FOR SALE IN NORTH WEST LONDON, HIGH SALES POTENTIAL, GOOD POTENTIAL,

Location :

NW10 is located in North West London, is a thriving area that serves as an ideal location for off-license businesses. This postcode is highly attractive for such ventures for several reasons:

Diverse Population: NW10 is home to a diverse and multicultural population, creating a demand for a wide range of alcoholic beverages that cater to different tastes and preferences. This diversity provides a solid customer base for off-license shops.

Proximity to Residential Areas: NW10 encompasses various residential neighbourhoods, making it convenient for locals to access off-license stores within a short walk or drive. This proximity increases foot traffic and potential customers.

Transport Links: The area benefits from excellent transportation links, including train stations, bus routes, and major roadways. This accessibility ensures that people from neighbouring areas can easily reach NW10 to shop at off-license establishments.

Nightlife and Entertainment: NW10 has a burgeoning nightlife scene, with numerous bars, restaurants, and entertainment venues. Off-license shops can tap into this market by offering a variety of beverages for people looking to enjoy a night out or host gatherings at home.

Retail Diversity: The area boasts a mix of retail establishments, creating a one-stop shopping experience for residents. This makes NW10 an attractive destination for those seeking convenience when purchasing alcohol along with other daily necessities.

Local Events and Festivals: NW10 hosts various local events, festivals, and cultural gatherings throughout the year. Off-license businesses can capitalize on these occasions by stocking specialty drinks and beverages that align with the festivities.

Supportive Community: NW10 has a strong sense of community, and locally-owned off-license shops can build strong relationships with their customers. Providing personalized service and catering to the specific preferences of the community can help these businesses thrive.

In summary, NW10's diverse population, accessibility, and vibrant atmosphere make it an excellent area for off-license businesses. Its strategic location in North West London ensures a steady flow of customers, both from the local community and surrounding neighbourhoods, making it a promising location.

Rent:
The rental on this property is £10,000 Pa.

Business Rates:

All clients are advised to do their own enquiries in regards to business rates, from our understanding the business rates are NIL.

Timing:

The current opening hours for this business are 8am to 9pm.

Turnover:

This property has a current turnover of £8,000-£9,000.

Premium:

This business is available for sale for £150,000.

Tenure:

New Lease will be provided of 15 years renewable.

Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:

Simarjeet Singh | 07919203881 | Jas Rajwansi | 07877678346 | 0208 004 1111 | [email protected]

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

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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.

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The data showed regarding this advert 'THIS OFF LICENSE IS FOR SALE IN NORTH WEST LONDON, HIGH SALES POTENTIAL, GOOD POTENTIAL, - 1012NW10 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.