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Off licence lease for sale in Wood Green with potential for new or experienced operators

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Off licence lease for sale in Wood green, N22 Photo 1
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Off licence lease for sale in Wood green, N22
  • Leasehold: £160,000 (Stock at valuation)
  • Rent: £22,800 (£1,900 per month)
  • Turnover: £550,968 (£10,596 per week)
  • Profit: Not Applicable

Key Features

  • Inquiries invited for details
  • Investment in high-demand area
  • Inviting customer atmosphere
  • Offers invited for sale

Business Details

Off licence lease for sale in Wood green, N22

PRIME LOCATION – OFF LICENCE BUSINESS LEASE FOR SALE – WOOD GREEN, N22
 

Galaxy Real Estate is delighted to present this fantastic opportunity to acquire a well-established off licence business lease for sale in a prime trading location in Wood Green, London N22.


Situated on a busy commercial parade with excellent footfall, this spacious and well-presented shop benefits from a prominent position, strong passing trade and an established customer base. The business offers excellent growth potential and would be ideal for an experienced operator or an individual looking to enter the retail sector.
 

The premises benefit from a spacious retail area, an attractive shop layout and convenient access for customers and deliveries. Located close to public transport links, including Wood Green Underground Station, the business enjoys excellent connectivity and is surrounded by a vibrant mix of residential properties, retail outlets, restaurants and local amenities.

BUSINESS DETAILS:

Annual Rent: £19,000 (Plus VAT)

Business Rates: £800 Per Annum (Discounted)

Weekly Turnover: £10,000–£11,000 (Approx)

Lease: 20 Years Renewable

Trading Hours: 8:00 AM – 10:00 PM

Utility Bills: £300–£400 Per Month (Approx)

Asking Price: £160,000 (Plus Stock at Valuation)
 

Agency Fees Apply.

VIEWING HIGHLY RECOMMENDED

 

This is an excellent opportunity to acquire an established off licence business in one of North London's busy retail locations. Early enquiries are highly recommended to avoid disappointment.

 

FOR FURTHER INFORMATION OR TO ARRANGE A VIEWING, PLEASE CONTACT:

Mr Sivi Babbar: 07865 974908
Office: 0208 004 1111
Email: [email protected]

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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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