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Off-License Business with High Potential Up for Sale in Vibrant North London

City of London, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/12/23

  • Advert ID

    604051

  • Reference

    1013N8 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £200,000 (Stock at valuation)
  • Rent: £22,000
  • Turnover: £468,000 (£9,000 Per week)
  • Net Profit: On request

Key Features

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

Business Details

HIGH POTENTIAL OFF LICENSE IS FOR SALE IN NORTH LONDON, GOOD POTENTIAL, PRIME LOCATION

N8, also known as Crouch End, is a charming and eclectic district located in the London Borough of Haringey. Nestled in North London, N8 offers a unique blend of urban convenience and a welcoming, community-oriented atmosphere. This area is characterized by its tree-lined streets, independent boutiques, cozy cafes, and an array of cultural and artistic offerings. With a strong sense of community pride and a diverse population, N8 is a sought-after destination for those seeking a vibrant neighbourhood with a distinctive character. Whether you're strolling through its leafy parks, exploring its local markets, or enjoying the vibrant arts scene, N8 has something to offer everyone.

Rent:

The rental on this property is £22,000 Pa.
Business Rates:

All clients are advised to do their own enquiries in regards to business rates, from our understanding the business rates are £2,800.

Timing:

The current opening hours for this business are 10am to 10pm.

Turnover:

This property has a current turnover of £8,500-£9,000.

Premium:

This business is available for sale for £200,000.

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 'HIGH POTENTIAL OFF LICENSE IS FOR SALE IN NORTH LONDON, GOOD POTENTIAL, PRIME LOCATION - 1013N8 / 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.