Profitable Off Licence Store in Central London with High Weekly Turnover
City of London, London
- Status
FOR SALE
- Date Submitted:
17/04/24
- Advert ID
609946
- Reference
CNO2861A / Rightbiz
- Call Agent:
- Leasehold: £179,950 (Stock at valuation)
- Rent: £17,500
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Prime Location
- Close to Local Amenities
- High Turnover
- Retirement Sale
- Accounts Available
- Established Business
- New Lease
Business Details
OFF LICENCE STORE WITH COUNCIL LEASE – TURNOVER £10,000 PER WEEK
OFF LICENCE STORE WITH COUNCIL LEASE – TURNOVER £10,000 PER WEEK
NO COMMISSIONS OR SERVICES (LOTTRY/PAYPOINT/OYSTER/PARCELS)
ESTABLISHED OVER 17 YEARS – SAME OWNER
WORKING ON 30-40% GROSS PROFIT MARGIN
REF: CNO2861
WEST/CENTRAL AREA OF LONDON - £179,950 LEASEHOLD SAV
• TURNOVER £10,000 PER WEEK
• RENT £17,500 PER ANNUM
• RATES £1,807.39 PER ANNUM
• 10 YEAR LEASE (9 REMAIN)
• A1 & OFF LICENCE (ALCOHOL 2300)
• 1,200 SQ.FT PREMISES (APPROX.)
Viewing Arrangements:
By prior appointment with PPS on 01702 667 111 / 020 3627 1110.
Contact Agent
Particulars / More Information
Listing Statistics
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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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
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
