Off Licence and Vape Shop in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 4,250
Price £90,000

Features

Modern off Licence, Vaps, Confectionary and Tobacco

Parking to the front of the business.

NEWLY FITTED 2025

DOUBLE FRONTED AIR-CONDITIONED PREMISES, in the region of 375 ft², WITH ELECTRIC SHUTTERS, CCTV (5 cameras), laminate flooring, suspended ceiliing with LED light panels.

Sales counter, touch screen cash register. 4m fridge (6 doors), ice cream freezer (Walls), Coca cola fridge, vape display cabinet, modern adjustable shelving.

Store room.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 - £4,500 p.w., increasing, with a Gross profit of 35% approx.

Staff

The business is at present operated by the lady vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - FRIDAY 7am - 10pm
SATURDAY & SUNDAY 8am - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £28,000 p.a.

Business Rates from April 2025 £6,700 approx. (Please contact local authority to confirm)

THE BUSINESS IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS AND FAMILY COMMITMENTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote