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Established West London Off Licence For Sale, High Traffic Location with Growth Potential

Ealing, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    625220

  • Leasehold: £110,000
  • Rent: £16,000
  • Turnover: £370,000 (Ā£7,115 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Prime Location
  • Small Business
  • Ideal for Full Refurbishment
  • Close to Local Amenities
  • Central Position in Affluent Village
  • Adjacent to Multiple Retailers

Business Details

Off Licence for Sale in West London with Huge potential remaining

Situated next to an iconic hotel and pub, this full off-licence has the potential to be transformed into a convenience store with extended hours of operation. The area is strategically located near various local amenities, including restaurants, hairdressers, and a pharmacy, which attract a steady flow of customers. The ongoing construction of houses, flats, and student accommodations nearby promises an influx of potential patrons, enhancing the business's long-term growth prospects.

Accessibility is a strong feature of this location. It is within walking distance of an underground train station, ensuring easy public transport access. For those traveling by car, there is paid parking available directly outside the store. Additionally, loading bays provide convenient options for suppliers and vendors. Customers can benefit from free parking in the vicinity from 6:30 PM to 8:00 AM and throughout the weekend. Parking is also accessible in nearby residential areas, with some restrictions during peak hours on weekdays.

Established for over 40 years and under the same ownership for the past 12 years, the business benefits from a solid foundation and reputation in the community. The purchase includes all fixtures and fittings, offering a turnkey opportunity for prospective buyers. However, it should be noted that the business does not currently offer commission services such as lottery sales, pay points, bus passes, or parcel services, leaving huge potential.

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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.

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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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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.

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