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Prime Location Off License for Sale in Streatham Hill, London with High Sales Potential

Streatham Hill, London

CONFIDENTIAL SALE

  • Status

    UNDER OFFER

  • Date Submitted:

    18/01/24

  • Advert ID

    605255

  • Reference

    1031SW16 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £130,000 (Stock at valuation)
  • Rent: £17,500
  • Turnover: £520,000 (£10,000 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Close to Local Amenities
  • New Lease
  • With Car Park
  • Accounts Available
  • Prime Location

Business Details

THIS OFF LICENSE IS FOR SALE IN PRIME LOCATION OF STREATHAM, GOOD POTENTIAL, HIGH SALES POTENTIAL.

This Off License is located in one of the busiest roads in Streatham. 

SW16 is situated in Streatham, Greater London.

SW16 is well-connected by public transport. Streatham Hill Station provides rail services to and from central London, making it relatively easy to access.

This area has growing arts and cultural scene, with local galleries and theatres attracting a creative crowd.

It also has a range of amenities, including parks, shopping centres and recreational facilities, which can attract potential customers. 

This shop situated at Streatham High Street surrounded by a busy high street and residential area. 

This shop is located near to the Bus Stop and it has a potential of Oyster and Lottery to be added, which can attract further customers and increase the sale. 

The Shop is fully equipped including a counter, electronic cash registers with scanning, Drink cooling fridges, Vape and potentially mobile phone that can be added. 

SALE:

The shop sale is approx of £9,000 to £10,000 weekly.

RENT:

The rent is currently £17,500 per annum.

TIMING:

Everyday: 

10am - 11pm.

RATES:

We are informed there are no rates at this premises. Interested parties are advised to check the business rates with the local council. 

PRICE:

We understand the premises are held on a secure renewable lease at the price of £130,000 VAT. 
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

LEASE:

6 and half years left. Can be extended 10-15 years more if landlord solicitor fees are paid. 

Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:

Simarjeet Singh | 07919203881 | Jas Rajwansi | 07877678346 | 0208 004 1111 | [email protected]

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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.

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.

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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.

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Contact seller

THIS BUSINESS IS NOW UNDER OFFER

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 'THIS OFF LICENSE IS FOR SALE IN PRIME LOCATION OF STREATHAM, GOOD POTENTIAL, HIGH SALES POTENTIAL. - 1031SW16 / 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.