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Prime London Off-License Business for Sale with Huge Potential & Loyal Clients

City of London, London
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Off License for sale in LondonOff License for sale in LondonOff License for sale in LondonOff License for sale in LondonOff License for sale in LondonOff License for sale in LondonOff License for sale in London
  • Status

    FOR SALE

  • Date Submitted:

    20/03/23

  • Advert ID

    510293

  • Reference

    2484 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £55,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Established Business
  • Close to Local Amenities
  • Prime Location
  • Accounts Available
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Attractive Business
  • Fully Fitted
  • Unique Business
  • Ideal for Full Refurbishment

Business Details

Off License for sale in London

Summary:

-          Proof of funds required

-          Huge Potential

-          Prime Location

-          Heavy Footfall Area

-          Unique Opportunity

-          All Fixtures & Fittings Included

-          Excellent Client Base

-          Established Business

-          Highly Rated

Business Description:

Silk Letting LTD are proud to present to the market an off license within London. This business is on a busy road with a lack of competition, meaning that this is the go-to place for anyone who needs access to things such as

Confectionary

Essentials

Newspapers/Magazines

Lottery

Tobacco and much more.

This business already has an alcohol and cigarette licence, which is an advantage as it means that a buyer will not be restricted from selling anything.

It also has existing agreements with delivery companies such as UPS, Amazon, DPD, Yodel and Evri.

With all fixtures and fittings included within the purchase of this business, it makes it ready for a buyer to get going right away.

Location and Amenities:

Situated on a busy main road, surrounded by many popular amenities, this business is in an area which has a constant flow of traffic. Not only is this due to the local amenities, but also because it is very close to the Tottenham Stadium. Both factors help the area gather a huge amount of footfall, therefore, leading to a high amount of walk-in and passing trade.

Travelling to the premises should not be a problem, this is because there is a car park opposite the premises, which gives ease of access to customers, staff, or the owner if they do need to travel to the business via car.

However, if you do not drive, you will be glad to hear that there are bus stops very close to the premises, which makes it easily accessible for anyone who needs to travel to the premises via public transport.

Alongside bus stops, there is also a train station which is very close by.

Growth Potential:

This business has already become a success, which makes it the perfect business to take over however, there are many ways in which a buyer can expand.

For example, this business doesn’t currently have a website, which leaves room for a buyer to create one. If a buyer creates a website, it gives them the opportunity to advertise the business\\\'s services through an online platform. As well as advertising services, they could also provide contact information on this website just in case a potential customer needs to make an enquiry. This makes it more convenient for customers and staff as it saves people from coming in and asking for a product just to not buy it in the end.

Another way in which a buyer can improve is by creating agreements with companies such as Just Eat and Uber Eats. By doing this, it helps the buyer reach a wider audience, as they would now have access to the other platform\\\'s client base. As these are popular platforms, it could also help the number of daily sales made, which would help with the maximisation of profits and revenue.

Financial Profile:

Tenure: Lease (Rents Property Only) – 12 years left remaining on the lease.

Turnover is available upon request.

Property:

This business is presented throughout one floor, which consists of 2 storerooms, 1 toilet and also a small kitchen. This gives staff and customers enough space to be in comfort whilst within the premises.

Security Features:

It is fully equipped with CCTV cameras, metal shutters and an alarm system which ensures that the safety of the business is always kept whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business which gives a buyer an advantage as it assists them towards an easy takeover.

A full list of assets is available upon request.

Staff:

Currently, the business employs 3 staff members who are all willing to stay under new ownership. This is a huge benefit towards the buyers as it gives them an already experienced and efficient team to work with on the day of the takeover.

It is currently trading:

Monday – Sunday: 7:00 am – 11:00 pm

Reason for the business sale:

The owner has decided to sell the business due to other commitments, which creates the perfect opportunity for a buyer to continue the success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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The data showed regarding this advert 'Off License for sale in London - 2484 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.