Independent Wine Merchant with 5* Google Reviews in South East London for Sale
Sydenham, London
- Status
FOR SALE
- Date Submitted:
02/04/24
- Advert ID
609090
- Reference
BPD2311298 / Rightbiz
- Call Agent:
- Leasehold: £50,000
- Turnover: £108,000 (Ā£2,077 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Prime Location
- Unique Business
- Established Business
Business Details
Highly Rated Independent Wine Merchant Off Licence In South East London
Kenrickās Wines is a popular and local independent wine merchant adjacent to the main train station in Sydenham, South East London - with an additional branch for sale in Fulham. The business sells wine of high quality and value from sourced producers and offers a wide range of fine wines, as well as champagne, whisky and beer.
Sydenham has a bustling town centre with an active and engaged community, excellent public transport, schools, parks, shops and restaurants. The town centre is home to 185 small and medium-sized businesses, many independently owned and offering a wide range of goods. The town centre has a strong community and villagey feel making Sydenham a well connected location where there are many independent run.
The main railway station is Sydenham which links to Croydon, Penge, Forest Hill, New Cross, Shoreditch, Dalston and the major termini London Bridge and London Victoria.
The premises holds a full license to sell alcohol on and off the premises, and offers a delivery service within the local area.
5* Google Reviews and active social media accounts.
Leasehold: 7 year lease remaining. Rent: Ā£10,440 P/A (Ā£870 p/m with the option to pay quarterly).
Offered for sale due to our clients lifestyle changes.
This established wine merchant would be a fantastic purchase, with opportunity for further expansion geographically, developing the events side of the business, alongside opportunities with social media and marketing.
N.B: There is also a branch in Fulham available for sale.
Contact Agent
Listing Statistics
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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 Ā£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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