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Established Off-Licence In North West London For Sale

North West London, London, UK
Asking Price:
£99,000 Furniture / Fixtures included
Turnover:
£260,000
Net Profit:
Undisclosed

Established off licence in a prime North West London high road location, generating approximately £5,000 in weekly sales with substantial scope to increase turnover.

This owner-operated off licence has been successfully trading for the past six years and has built a loyal customer base through its excellent high street position and consistent passing trade. Despite currently operating with very low stock levels, the business continues to achieve impressive weekly sales, demonstrating the strength of the location and providing an excellent opportunity for a new owner to unlock further growth by expanding the product range and increasing stock availability.

The premises extend to approximately 1,000 sq ft, providing generous retail and storage space suitable for continued operation and future expansion. The business occupies a busy commercial position with strong visibility, making it well placed to benefit from local residents and passing customers.

The current owner is selling due to health reasons, creating a genuine opportunity to acquire an established business with immediate potential to improve revenue and profitability.

Enquire today for further information or to arrange a viewing.

Property Information

Property:

Leasehold

Lease Terms:

Approximately 9 years remaining (renewable).

Leasehold Rent:

£19,600 per annum

Premises Details:

Approximately 1,000 sq ft retail premises in a prominent high road location, providing spacious retail and storage areas.

Size in square feet:
Approximately 1,000 sq ft.
Planning Consent:

Retail premises (Use Class E(a) – display or retail sale of goods).

Business Operation

Expansion Potential:

Excellent potential to increase turnover by expanding the stock range and improving product availability.

Reasons for selling:

Health reasons.

Years established:
Current owner has operated the business for approximately 6 years