Off Licence in North London For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, NORTH LONDON

Turnover £ 6,500
Price £60,000

Features

off Licence with Grocery, Confectionary and Vapes

SINGLE FRONTED PREMISES, in the region of 400 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras), Laminate flooring, plasterboard ceiling with spot lights.

Sales counter, electric cash register, 4m chiller, single door freezer, ice cream freezer, adjustable shelving, display racking, etc.

Staff cloakroom with toilet and wash hand basin.

Small store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. G.p. 30 %

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 7 a.m. - 11 p.m.
SATURDAY & SUNDAY 8 a.m. - 11 p.m.

Outside

Yard to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 6 years in 2023 with reviews every 3 years (next review 2026) Rent TBC.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS WAS ESTABLISHED IN 2024 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote