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Off licence and vape shop for sale in Southall London, previously operating as a retail business.

Southall, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    651780

  • Leasehold: £150,000 (Stock at valuation)
  • Rent: £16,200 (£1,350 per month)
  • Turnover: On request
  • Profit: On request

Business Details

Previous off licence and vape shop for sale in Southall

This shop, once an off-licence, is currently operating as a vape shop. Located in the heart of Southall, it is situated in a high-traffic area, which provides significant potential for increased sales through effective management and the application of a premises licence. The shop is well-known in the community, attracting both loyal regular customers and new clientele thanks to its prime location.

There is an excellent opportunity to expand this business, capitalising on its established reputation. Enhancing the product offering to include a wider range of vaping products could further attract new customers and boost profitability. With the potential to revert to an off-licence or to diversify offerings, the prospects for this shop are promising.

Business Opportunity

Currently, the leasehold of this former off-licence and active vape shop is available for sale in Southall, London. The asking price for the lease is available upon request, allowing interested parties to explore this exciting venture.

Details of the Lease

The annual rent for this prime location is £16,200, which reflects the competitive market and the value of being situated in a vibrant area. This presents an appealing proposition for anyone looking to enter or expand in the retail sector. 

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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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