Off-license shop for sale in City of London, strong foot traffic and residential support

Description

This well-presented off-licence offers excellent potential for growth and is strategically located in the heart of Seven Sisters Manor House and Stamford Hill. Situated between the new Manor House apartments and the Artists Village, it serves a community of approximately 2,000 residents who rely on the shop due to limited local alternatives. With steady daily trade and ongoing customer flow, this is a compelling opportunity for potential buyers, with support available for inquiries and transition.The shop features an extensive range of alcoholic beverages, including spirits, wines, and beers, as well as non-alcoholic drinks and energy beverages. Late-night opening hours cater to community needs, and well-organised shelving and displays make products easily accessible. A variety of retail items such as snacks, vapes, and other convenience goods broaden its appeal to a wide customer base.The business benefits from nearby amenities including bus stops, cafés, and residential buildings, contributing to consistent foot traffic. Essential fixtures and fittings, including shelving and fridges, are included to allow a smooth handover to new ownership.Financially, the leasehold price is £55,000 with a current turnover of £260,000 and an annual rent of £19,200. The profit margin stands at £75,000, demonstrating strong financial performance. Turnover has increased over the past year, highlighting the shop’s capacity for sustained growth and profitability.Key features include significant repeat business potential, a smooth transition process, included staff facilities, ample storage space, a strategic location, strong tenant relationships, consistent year-round trade, and a history of reliable growth.In summary, this off-licence represents a highly attractive investment opportunity. With established customer relationships, a supportive community, and room for further growth, it is ideal for both new and experienced entrepreneurs looking to succeed in the retail sector.