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Shop for sale in Crouch End London with 24-hour alcohol license and loyal customer base

Crouch End, London
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Grocery Shop for sale in Hornsey area Photo 1
Grocery Shop for sale in Hornsey area Photo 2
Grocery Shop for sale in Hornsey area Photo 3
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Grocery Shop for sale in Hornsey areaGrocery Shop for sale in Hornsey areaGrocery Shop for sale in Hornsey area
  • Status

    FOR SALE

  • Advert ID

    649184

  • Rent: £26,000 (Stock at valuation) (£2,167 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Modern interior design elements
  • Monitored security systems
  • Prime trading location
  • Prime residential location

Business Details

Grocery Shop for sale in Hornsey area

This is a remarkable opportunity to acquire a well-established shop, notable for being the sole business in the vicinity with a 24-hour alcohol licence. The store enjoys a loyal customer base, drawing consistent footfall due to its prime location next to a busy bus stop. With a newly secured 20-year lease and the option to extend, this venture promises stability and growth for an enterprising owner.

The shop boasts a diverse range of products, including fresh fruits, beverages, and snacks, carefully curated to appeal to its regular clientele. Its well-organised layout maximises space to facilitate easy browsing, while quality fixtures and displays enhance the presentation of products, making shopping a delightful experience. Additionally, the shop benefits from strategic partnerships with PayPoint and Amazon, creating additional income streams that further bolster its profitability.

Growth Potential

Under experienced management, there is significant potential to increase turnover. The shop's current annual turnover is profitable, yet opportunities for expansion through an increased inventory and additional services are ripe for the taking. This business model is not only appealing but represents a well-maintained facility, complete with modern interior design elements and a monitored security system, ensuring an efficient and secure operation.

Key Features

The shop is fully operational and hassle-free, making it an enticing prospect for both first-time buyers and seasoned business owners alike. It is licensed and compliant with all necessary regulations, further affirming its standing within the community. The attractive asking price, which includes all equipment and fixtures, positions this opportunity as an appealing investment for potential buyers. The estimated annual rent is £26,000—a manageable figure for such a prime residential and trading location.

With two dedicated employees already in place, training opportunities will be provided to ensure a smooth transition for the new owners. The business has been established for over 30 years, having been under current ownership for five years. The reason for sale is a return to the owner’s home country, providing the next proprietor with a chance to take the helm of a well-regarded retail operation.

Viewing and Offers

Future owners will benefit from ample parking availability and a prime location on the main street, attracting regular repeat customers. Interested parties are invited to schedule a viewing by appointment only, with offers welcomed. This is not just a shop for sale; it’s a lifestyle business with substantial revenue potential, situated in a thriving area. Seize this unique chance to be part of a successful community venture!

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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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