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Highly Rated Independent Wine Merchant in Affluent Fulham Area for Sale

Fulham, London
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Highly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham AreaHighly Rated Popular Independent Wine Merchant In Affluent Fulham Area
  • Status

    FOR SALE

  • Date Submitted:

    02/04/24

  • Advert ID

    609095

  • Reference

    BPD2311298_2 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £60,000
  • Turnover: £190,000 (£3,654 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Unique Business
  • Established Business
  • Prime Location

Business Details

Highly Rated Popular Independent Wine Merchant In Affluent Fulham Area

Kenrick’s Wines is a popular, local independentx wine merchant situated on the busy and highly residential Wandsworth Bridge Road, with an additional branch for sale in Sydenham, South East London. The business sells wine of high quality and value from sourced producers and offers a wide range of fine wine, as well as champagne, whisky and beer. It also hosts regular tastings events.

The first floor comprises of a large shelving unit, counter area, raised seating area for serving drinks and an additional backroom. The downstairs serves as a private function room, which holds regular wine tastings and private events. Additionally, downstairs is a sizeable basement space for storing stock. Outside the front is enough room for several tables.

The location benefits from an affluent customer base in an area which experiences high footfall and a large French community. Currently undergoing are two premium developments; A stones throw away is the huge regeneration Hurlingham Waterfront project which will establish itself as a leisure and retail hub, benefitting the local area by marking the location as a destination in its own right. The Fulham Riverside is a development of 400 new homes and Imperial Wharf overground station within walking distance.

The premises holds a full license to sell and serve alcohol on and off the premises, including the front outside space, and offers a delivery service within the local area.

5* Google Reviews and active social media accounts.

Leasehold: 15 year lease with 12 years remaining (3 year breakclause) Rent: £19k P/A (£4750 paid PQ).

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 Sydenham for sale, which is a separate LTD Company).

There is option of purchasing both locations together, one independently or to take over the lease.

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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.

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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.

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.'.

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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.

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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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