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Off Licence for Sale in Putney London Near Putney Bridge with Expansion Potential

Putney, London
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Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 1
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 2
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 3
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 4
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 5
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 6
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 7
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 8
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 9
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 10
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 11
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 12
Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area Photo 13
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Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential AreaBusy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area
  • Leasehold: £55,000
  • Rent: £50,000 (£4,167 per month)
  • Turnover: £260,000 (£5,000 per week)
  • Profit: On request

Key Features

  • Counter and cash register
  • Customer loyalty and repeat business
  • Customer-focused operational layout
  • Customer-friendly layout

Business Details

Busy Convenience Store & Off Licence – Prime High Street Location, High End Residential Area

Location:
Located on the popular Lower Richmond Road Just off Putney Bridge. This property enjoys a prime position in a well-established and affluent area of Putney. The road benefits from strong footfall, a dense residential catchment, and a mix of independent retailers, cafés and restaurants. Excellent transport links to Central London and the nearby River Thames and green spaces make this a highly desirable trading location.

Property Description:
This well-presented off licence premises is arranged over two floors plus a basement, offering flexible space and strong trading potential.
Ground & Basement 
The shop is fully licensed as an off licence across both the ground floor and Basement , providing generous retail and storage space suitable for continued operation or expansion of the existing business.
Basement:
The basement has been fully refurbished to a high standard and offers excellent additional potential. It can be used as a nail and beauty salon, massage studio or similar use, subject to the necessary consents, creating an opportunity for additional income.

Key Business Information:
Turnover: £5,000 - £6,000 per week
Rent: £50,000 per annum
Business Rates: £18,000 per annum
Lease: New 20-year lease ( Inside Act 1954, renewable)
Rent Review: Every 5 years

Summary:
An excellent opportunity to acquire a well-established off licence in a prime South West London location, benefiting from strong weekly turnover and further scope to increase income through the refurbished basement space.
 

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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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