Off Licence plus Delicatessen and Bar in South London For Sale

Situated in a parade, busy road, near railway station, commercial and residential area SE LONDON

Turnover £ 2,100
Price £57,500

Features

Delicatessen with Full On and off Licence

Pavement licence for customer seating to the front.

SINGLE FRONTED PREMISES, in the region of 650 ft², Laminate wood effect flooring, plasterboard ceiling with track spot lights, Cctv.

Sales counter, card machine, coffee machine, 2 double door wine fridges, 3 reach-in multi deck displays, brick modular shelving system throughout, convection over (lincat), icream chest freezer, glass display chiller.

REAR KITCHEN - Lincat oven, stainless steel prep table, single sink and drainer, wash hand basin, freestanding shelving unit.

Cloakroom with toilet and wash hand basin

Stairs to full height BASEMENT in the region of 412 ft²

Office / Storage

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,150 p.w. with a Gross profit of 40% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 9 am - 3 pm
SATURDAY 9am - 5pm
SUNDAY 10am - 3pm

Outside

Rear garden

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 2022 with reviews every 5 years (next review 2027) at a current rent of £20,000 p.a.

Business Rates from April 2025 £900 approx after small business relief. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £57,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 28,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote