Price reduction alert Off licence lease for sale in Pimlico SW1V location with high footfall
Undisclosed
- Status
FOR SALE
- Advert ID
654495
- Reference
SATSW1V / Rightbiz
- Call Agent:
- Leasehold: £50,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £240,765 (£4,630 per week)
- Profit: Not Applicable
Key Features
- Attractive price point
- High regular passing trade
- Inclusive of fixtures and fittings
- Open to offers
Business Details
Price reduction alert Off licence lease for sale in Pimlico SW1V location with high footfall
GALAXY REAL ESTATE PROUDLY PRESENTS TO THE MARKET
Welcome to an exceptional opportunity in the heart of London's vibrant SW1V 2. This prime off-license property is nestled in a busy parade within a bustling residential area, offering an attractive location with high footfall. Boasting a spacious interior, this leasehold for sale presents excellent growth potential, providing a lucrative investment in a prime high-road location. With the potential to increase, this off-licence enjoys a prime city centre location, ensuring a high footfall trading position.
Convenience is at your doorstep, with the nearest bus stop just steps away, providing seamless connectivity. The property is within close proximity to three major railway/underground stations, making commuting a breeze. Residents will appreciate the convenience of nearby supermarkets, restaurants, shopping centres, and healthcare facilities, including hospitals, doctors/GPs, pharmacies, and gyms. For leisure and entertainment, the area offers vibrant nightlife, a cinema theatre, parks, and a post office, ensuring a well-rounded lifestyle.
This off-license presents an unrivalled opportunity to thrive in a prosperous and vibrant area, making it an attractive investment for discerning buyers seeking a lucrative venture in an esteemed London location.
Rent: £24,000 per annum
Business Rates: £9468 per annum (Discounted )
Timing: 7:00am to 10:00pm
Weekly Turnover: £4,500 - £5,000
Services: DHL, Royal mail, Amazon
Lease: 14 years left 2039 and renewable
Lease rent review terms: 4 years
Monthly Utility Bills: £460 (approx)
Asking: £50,000 (plus stock at valuation)
The shop is 1 year old
"AGENCY FEES APPLIES"
This is an excellent opportunity to acquire a profitable and respected off-licence in a busy location. Early viewing is highly recommended.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
| Sivi Babbar | 07865974908 |
| 0208 004 1111 | [email protected]
Contact Agent
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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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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.'.
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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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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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