Vape shop with off-licence available for sale in a prime location with an existing customer base
Undisclosed
- Status
FOR SALE
- Advert ID
657878
- Reference
845335 / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Rent: £25,000 (£2,083 per month)
- Turnover: £182,000 (£3,500 per week)
- Profit: On request
Key Features
- Business sale with premium
Business Details
Vape shop with valid premises off licence for sale!
This is a well-positioned vape shop with off-licence business opportunity in a busy North Harrow location, offering an established off-licence and a substantial 12 years remaining on the lease.
With reported weekly sales of approximately £3,500, attractive opening hours and a location close to North Harrow Underground Station, the business represents an opportunity for an incoming owner to acquire an established retail concern with an existing customer base.
Business & Lease Details:
- Established vape shop and off-licence
- Off-licence in place
- High-footfall location
- Approximately 12 years remaining on the lease
- Current rent: £25,000 per annum
- Business rates: approximately £4,500 per annum
- Current sales: approximately £3,500 per week
Opening hours: Monday–Saturday 9:30am–8:00pm
Sunday: 11:00am–7:00pm
Suitable opportunity for an owner-operator or experienced retailer
Prime North Harrow Location
The premises are positioned on Station Road in North Harrow, benefiting from excellent transport connectivity and a well-established local retail environment.
Key location benefits include:
- North Harrow Underground Station nearby, providing Metropolitan Line services.
- Strong pedestrian and commuter presence, generating excellent passing trade.
- Established surrounding retail and convenience businesses, creating a busy commercial environment.
- Good local residential catchment, providing a regular customer base.
- Excellent public transport connections, with bus services and the Underground stations.
- Highly visible Station Road position, ideal for attracting both regular and passing customers.
The business benefits from high pedestrian footfall and a strong local customer base, with the property situated within the established North Harrow retail and transport hub. North Harrow Underground Station is just a short walk from the premises, providing convenient access for local residents, commuters and passing customers.
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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.
Be safe, use a Rightbiz Solicitor
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