Retail premises for sale in Station Square, Petts Wood, Orpington BR5

£9,995
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property description

Ref 6450 – Leasehold Wine Merchant Store In Orpington.
Blacks Brokers are pleased to bring to the market this leasehold wine merchant shop located in Greater London, Petts Wood.


Introduction


Refreshers was established by our client in 2010 to fulfill demand for fine wine merchants in this area of London. The business has established an excellent reputation. Our client has introduced a bespoke ordering service via mobile app, along with a superb website and also offers party planning services and deliveries. Refreshers is well known and highly reputable.


Location


The business occupies an excellent trading position and located a few miles north of Orpington.


Reason for sale


The business would be ideally suited to a hands-on owner-operator but is currently operated by staff only due to the demands of our client's family life and other commitments.


Lease


This is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The rent is 25,000 per annum.


Building layout and design


The business is operated from the ground floor of a double fronted, two storey property which is again positioned within a parade of shops. Inside, the shop is presented in the same way as Widmore Road, with the addition of an air conditioned office and an impressive designer cloakroom with waterfall tap. This store is fitted with a gold framed, six metre wide back lit spirit display. There is a store room, kitchen and toilet facilities. To the rear of the property is a large loading bay. This store is entirely fitted with low energy LED bulbs for maximum efficiency. CCTV is again fitted throughout with remote access. To the rear is a communal yard area with staff parking for two vehicles.


Staff


The business is currently operating with 2 part time members of staff in employment and 1 full time.


Financial details


Refreshers has traded solidly since opening. We are advised that the business currently has annual turnover of £226,000 with gross profits of £86,000. Full financial details are available after viewing.


Summary


This leasehold store is well established and occupies a superb trading position in the busy and much sought after area. There is plenty of scope to develop the business further with the introduction of new product ranges and a strong marketing drive. There is also scope for additional party catering and pop up bars at local events such as weddings. Early viewings are strongly advised. Business: £9,995.

Please quote ref: 6450

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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.

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