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Grocery and off-licence business for sale in Harrow on the Hill London

Harrow on the Hill, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    655628

  • Leasehold: £65,000
  • Rent: £16,000 (£1,333 per month)
  • Turnover: On request
  • Profit: Not Applicable

Key Features

  • Necessary business licences
  • Newly fitted modern interiors
  • No employees required for operation
  • Off-licence alcohol sales permitted

Business Details

Groceries & off licence for sale in Harrow on the hill

Located in the bustling area of Harrow on the Hill, this newly launched grocery and off-licence business presents an exceptional opportunity for growth. With no competition nearby and surrounded by a vibrant residential community, this shop is ideally situated to attract a steady stream of customers. The business has been in operation for just 10 months, and the current owner has dedicated the last 11 months to developing its potential.

The shop is strategically positioned near a college, ensuring a flow of students and local residents alike, which enhances its appeal. In spite of the relatively short establishment period, there has been a noticeable increase in turnover, indicating a positive response from the community. The current owner is selling the business due to personal reasons, making this a unique chance to take over an establishment that is already on the path to success.

This business comes fully equipped with necessary licences and includes modern, newly fitted interiors that create an inviting shopping environment. With organised shelving displays, it requires no additional employees for daily operations, making it an efficient venture for any prospective buyer. The facility also offers off-licence alcohol sales, providing a diverse product range that caters to various customer needs. Open seven days a week, this establishment is poised for continued success.

Additionally, there is an established online presence, which can be leveraged to further enhance sales and visibility. The current owner is willing to provide training to the new owners, ensuring a smooth transition and the continuation of growth strategies that have already started to yield results. This is a notable attribute for those who may require guidance in the early stages of ownership.

Key Features

  • Necessary business licences included
  • Modern interiors and organised shelving displays
  • No employees required for operation
  • Off-licence alcohol sales permitted
  • Open all week
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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.

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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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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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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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