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Profitable Newly Built Off-License in Hammersmith London with High Weekly Sales and Growth Potential

Hammersmith, London
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New Built Off license for saleNew Built Off license for saleNew Built Off license for saleNew Built Off license for sale
  • Status

    UNDER OFFER

  • Advert ID

    614811

  • Leasehold: £140,000 (Stock at valuation)
  • Rent: £35,000
  • Turnover: £468,000 (£9,000 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Fully Fitted
  • Prime Location

Business Details

New Built Off license for sale

An Off-License store is available for sale. The store presents a promising investment for potential buyers, with sales reportedly ranging from £8,000 to £10,000 a week. It also allows a lucrative 40% margin on sales. The well-established store is built anew and signifies the potential for further expansion. The asking price is currently disclosed as 'price on application' (POA).

The store features available Paypoint and parcel services that provide good commissions. Recently, it has also initiated a partnership with Deliveroo, increasing its accessibility to customers and potential market reach.

The store's retail inventory includes a wide range of alcoholic beverages. A variety of premium spirits and beer selections provide a comprehensive assortment aligning with varied customer preferences. Moreover, the inventory extends to include non-alcoholic options and soft drinks, catering to an extensive customer base.

The product display showcases strategic organization along with ample lighting, enhancing product visibility to shoppers. Moreover, the clear pricing strategy and attractive presentation add to the overall customer convenience.

The store maintains high stock levels, ensuring continuous supply against consumer demand. This approach, coupled with the store's competitive offerings, fuels repeat business and solidifies customer loyalty.

Looking forward to the future, the store's location is expected to observe substantial growth. A new building is expected to open across the establishment by July 2024. The structure will house 450 flats, a cinema, a park, and a shopping center among other attractive amenities. This escalation in local attractions and residential property may present an opportunity to the store for driving additional footfall to the business, contributing towards sustaining the existing growth potential.

Lastly, the shop's rental cost is listed at £35,000 per annum, providing a manageable overhead for the potential scope of the business.

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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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