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Boutique Wine Shop And Tasting Bar In Twickenham For Sale

Twickenham, London, UK
Asking Price:
£350,000 Furniture / Fixtures included
Turnover:
£230,000
Net Profit:
Not applicable

Boutique Wine Shop & Tasting Bar for Sale in Twickenham

Property ID: RPS-23388

PROPERTY & BUSINESS SNAPSHOT

Type: Boutique Wine Shop & Tasting Bar
Location: Twickenham, TW1
Lease expiry: Approx. 7 years remaining
Rent: £14,000 p.a. exclusive
Rent review: TBC
Floor area: Approx. 426 sq ft
Covers: 5-10 with some outdoor seating
Rateable value: 16,250
Business rates payable: Circa £1,800 per annum.
Permitted use: Wine Shop
Annual Turnover: Circa £5,000 (£230,000/annum)
Ancillary: Premises licence
Premium: £350,000 + stock

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
Rent deposit required (subject to references)
Other usual checks will be carried out

MAIN DETAILS

A rare chance to take over an established independent wine merchant and ticketed food-and-wine pairing evenings business
Trading since 2014 this sommelier-led wine shop and tasting bar has built a following among locals and rugby-day visitors
Off-licence and on-licence under one roof, so customers can browse, buy, or stay for a drink and wine paired food
Food for tastings is bought in from local selective restaurants, so there is no kitchen, no chef and no catering payroll
Business also includes corporate gifting, bespoke hampers and event drinks supply
Our clients manage the business with few other part time staff members

THE LOCATION

Twickenham

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease expiry: Approx. 7 years remaining
Rent: £14,000 p.a. exclusive
Rent review: TBC

Leasehold Rent:

£14,000 per annum

Location:

Twickenham, TW1

Premises Details:

Floor area: Approx. 426 sq ft
Covers: 5-10 with some outdoor seating
Rateable value: 16,250
Business rates payable: Circa £1,800 per annum.
Permitted use: Wine Shop
Ancillary: Premises licence

Size in square feet:
Approx. 426 sq ft