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LOCATION: BTC is delighted to offer this Off license and Convenience store business located in a prime location in North London, The premises is in a busy and bustling area, This shop is 0.2 miles away from school and well-served by public transport, with convenient bus routes and nearby train stations, ensuring easy access for both customers and employees.
Reason for Sale: The current owners have other commitments and a young family.
This location offers an ideal environment for business growth and success. The area is well-connected, with convenient access to public transportation and major road and a vibrant thoroughfare that serves as a central point for both residential and commercial zones. It benefits from a steady flow of foot traffic and has a mix of cultures, reflected in the variety of shops and restaurants available.
OVERVIEW: Opportunity to acquire a well-positioned business in one of the most visible spots in the local area, The shop is well-maintained and fully operational, The new owner can start the business immediately. The business has built a loyal customer base through their service and quality items, with excellent reviews.
This well-maintained business is fully furnished with all the essentials, including a fridge, storage, CCTV cameras, an open cool display unit, a counter, and more. Everything necessary for smooth operations is already in place. Currently, the business offers a range of services, including cigarettes, tobacco, chocolates, soft drinks, alcohol, toiletries, greeting cards, and phone cards.
Turnover: £7,500 Per Week
POTENTIAL: There is a lot of potential for growth as currently there is no lottery, no western union, no bus pass, no Pay Point / pay zone and no ATM machine so new owners can add all these services. They can also introduce Coffee machines, UPS parcel services and Phone repair kiosks, to attract more sales.
RENT: £21,000 Per annum
RATES: £2600 Per annum
TENURE: Leasehold - New lease will be issued
Trading Hours Due to health reasons, the shop operates from 2 PM to 11:30 PM on Mondays to Fridays, and from 8 AM to 11:30 PM on Saturdays and Sundays. The general opening hours specified in the premises licence are from 8 AM to 11:30 PM, Monday to Sunday.
Additional Potential: Currently the shop opens at 02:00 PM, which is very easy working hours. So oncoming buyer can extend the hours which will help to boost sales and make the business more profitable.
PRICE: The business is marketed for £100,000. It includes the goodwill, fixtures and fittings.
Call BTC for further details and to book a viewing: 020 8889 7474 or email us at [commercial@btcint.com]
Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold