Convenience Store for sale

Maple Road, London, SE20

Guide Price £70,000

Property Description

Commercial information

  • Business for sale

Key features

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

Full description

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.

WEEKLY SALES
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
Operated under management with full and part time staff.

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

RESIDENTIAL ACCOMMODATION
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 20,000 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.


More information from this agent

Nearest stations

  • Penge East (0.3 mi)
  • Penge West (0.3 mi)
  • Anerley (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penge East (0.3 mi)
  • Penge West (0.3 mi)
  • Anerley (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 43158. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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