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Off License Lease for Sale in Watford with Spacious Interior and Modern Systems

Undisclosed

CONFIDENTIAL

  • Leasehold: £150,000 (Stock at valuation)
  • Rent: £18,000 (£1,500 per month)
  • Turnover: £72,000 (£1,385 per week)
  • Profit: On request

Key Features

  • Potential for turnover growth
  • Prime location advantages
  • Recommended for viewing
  • Retail location in busy area

Business Details

OFF LICENSE LEASE FOR SALE IN PRIME LOCATION IN WATFORD WITH HIGH POTENTIAL TO INCREASE SALES.

GALAXY REAL ESTATE IS PROUD TO PRESENT ON MARKET.

Introducing an exceptional investment opportunity in the heart of Watford. This attractive off-license property is now available for sale, presenting a rare chance to own a thriving business in a prime location. Situated in Watford, this spacious and newly refurbished shop boasts a high footfall and is conveniently positioned to attract a steady stream of customers. The large, high-ceilinged interior provides a welcoming and spacious environment, perfect for displaying a wide range of products. With its easy-to-manage layout and friendly customer base, this off-licence has high potential for increased sales and profitability.

Located in a vibrant area, this corner shop benefits from its proximity to convenient amenities. The property features a modern till system and ample parking, making it a practical and attractive investment. The leasehold offers a secure and stable arrangement, ensuring a smooth transition for the new owner. This outstanding opportunity is ideal for entrepreneurs looking to establish a successful business in a sought-after location.

Convenience is key, and this property is surrounded by various transport links, including nearby bus stops and the three closest railway/underground stations. Additionally, residents will appreciate the proximity to supermarkets, restaurants, shopping centres, hospitals, doctors' offices, pharmacies, gyms, nightlife venues, a cinema theatre, parks, post offices, libraries, and other attractions. Embrace this exceptional opportunity and step into the thriving business scene of Watford.



Property & Financial Details:

Rent: £18,700 p.a. (Rent may increase)

Rates: Nil (buyers advised to make their own enquiries)

Opening Hours: 8:00 am – 8:00 pm (Licence till 11:00 pm)

Weekly Turnover: £5,500 – £6,500

Electricity Bill: £500 per month approx

Premium: £150,000 (Stock at Valuation)

Lease: Lease expire 21st march 2030 (renewable)

 

Enquiries & Viewings:

 

If you would like to enquire or book an appointment, please contact us:
| Sivi Babbar | 07865974908  |
|0208 004 1111|[email protected]|

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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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