The information contained herein has not been verified by Em-Pwr Ltd. Complaints regarding the accuracy of the information contained herein will not be acknowledged by Em-Pwr Ltd.
Em-Pwr Ltd is pleased to place onto the market this excellent off- licence for sale in London which is based in the N1 postcode area. It is situated in Old Street in Shoreditch which is a fast growing area. There are residential as well as office buildings surrounding the shop and it is a prime and sought after location.
The present business for sale was established by the Owners family in 1981 and he took over in 2007. He is selling due to other business interests. The shop provides an off-licence and convenience service which is very well used. The shop is available as an empty unit if required by the new Owners. The family owns the freehold so there is flexibility regarding usage.
The business is family run with no external staff. No advertising has been undertaken by the Owners as it is a very well-known concern.
The business is used by some locals and is popular with the white collar employees who are employed locally.
As part of the sale price the Owner would be available for an extended training period as well as consultancy to ensure a smooth handover if required. Also for those buying a 2-3 day observation period can be organised.
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Em-Pwr Ltd The information contained herein has not been verified by Em- Pwr Ltd.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller. Furthermore any representations made by any representative of Em- Pwr Ltd regarding this business are subject to verification and should be independently corroborated.
Monday to Saturday: 8 am - 9 pm
Sunday: 2 pm - 6 pm
The present annual turnover of the business is £250,000 with a gross profit of 18-20% and an EBITDA of £30,000. The stock is valued at £30,000 and the fixtures and fittings £5,000
Please note Em-Pwr Ltd London do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. The information given is that which is supplied by the Vendor. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Em-Pwr Ltd will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
The ground floor consists of a large retail premises which measures around 18 ft x 40 ft. There is shelving and racking to the walls and a counter to the rear. The shop has CCTV and electric shutters. In the basement is a very large stock area with a further store room and staff facilities.
The Owner is offering a new lease with the business at a rental of £12,000 pa. If the empty premises are required then a separate rent will be negotiated.
Em-Pwr Ltd is pleased to place onto the market this excellent off- licence for sale in London which is based in the N1 postcode area. It is situated in Old Street in Shoreditch which is a fast growing area. There are residential as well as office buildings surrounding the shop and it is a prime and sought after location
The Owner is offering a 5 lease with the business at a rental of £12,000 pa. If the empty premises are required then a separate rent will be negotiated.
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