Retail premises for sale in London, Middlesex SE20

£50,000
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Traditional off licence
  • Advised weekly takings in the region of £13,000
  • Parade location on busy road
  • Loyal and regular customer base

Property description

Reference - 43158


Description


The Wine Garden is a traditional off licence occupying a prime trading location, situated on a very busy side road in South East London. It is surrounded by a mix of independent retailers and the immediate surrounding area is a highly built up, and densely populated residential area.

The business has a healthy passing trade and this is complemented by the surrounding businesses which include take away’s and convenience stores.

The Wine Garden was purchased by our client in 1999 and therefore boasts an extremely loyal and regular customer base, offering and extensive range of beers, spirits and liquors. We are informed by our client that the average weekly sales are approximately £13,000.

The profitability of the business could be enhanced as it’s currently run under management but would ideally suit an enthusiastic operator who could move the business on to the next level.
Offers in Region of £75,000.

Sales
Currently shop sales average £13,000 approximately.

Currently shop sales average £13,000 approximately.


Accounts


Current records and accounts can be inspected when viewing.


Trading hours


Monday – Sunday 11:00 – 23:00


Staff


Currently run by the owner.

Building External
Situated on a parade location, The Wine Garden operates from the ground floor of a three storey mid terraced property.

Building Internal
There is no residential accommodation for owners/management available.


Tenure


The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 15 years at an initial rent of £16,000 exclusive of rates. Rent reviews are at years 3,8 & 13

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.


Summary


An exciting and rare opportunity to acquire a well-established business which has been under the same ownership since 1999 and benefits from a loyal and regular customer base. An early inspection is recommended to avoid disappointment.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

Contact Kings Business Transfer about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

22 more properties like this

View all SE20 commercial properties for sale