Off Licence for sale in North London

North London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential/commercial area, NW LONDON

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £40 p.w. The business also has Oyster which we understand provides a further commission of approximately £40 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £4,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 10 a.m. - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,950 plus STOCK AT VALUATION (£5,000/£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £37,950
Tenure : Leasehold
Status: Available
Sectors:
Off Licences
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