Offers in region of
£55,000
(£170.00/sq. ft)
Retail premises for saleLower Richmond Road, London SW15
From 500 - 850 sq. ft
About this property
Off Licence for Sale Prime Lower Richmond Road, Putney SW15
Location:
Located on the popular Lower Richmond Road. This property enjoys a prime position in a well-established and affluent area of Putney/Roehampton. The road benefits from strong footfall, a dense residential catchment, and a mix of independent retailers, cafés and restaurants. Excellent transport links to Central London and the nearby River Thames and green spaces make this a highly desirable trading location.
Property Description:
This well-presented off licence premises is arranged over two floors plus a basement, offering flexible space and strong trading potential.
Ground & First Floor:
The shop is fully licensed as an off licence across both the ground floor and first floor, providing generous retail and storage space suitable for continued operation or expansion of the existing business.
Basement:
The basement has been fully refurbished to a high standard and offers excellent additional potential. It can be used as a nail and beauty salon, massage studio or similar use, subject to the necessary consents, creating an opportunity for additional income.
Key Business Information:
Turnover: £5,000 - £6,000 per week
Rent: £50,000 per annum
Business Rates: £18,000 per annum
Lease: New 20-year lease ( Inside Act 1954, renewable)
Rent Review: Every 5 years
Summary:
An excellent opportunity to acquire a well-established off licence in a prime South West London location, benefiting from strong weekly turnover and further scope to increase income through the refurbished basement space.
Viewing is highly recommended.
Location:
Located on the popular Lower Richmond Road. This property enjoys a prime position in a well-established and affluent area of Putney/Roehampton. The road benefits from strong footfall, a dense residential catchment, and a mix of independent retailers, cafés and restaurants. Excellent transport links to Central London and the nearby River Thames and green spaces make this a highly desirable trading location.
Property Description:
This well-presented off licence premises is arranged over two floors plus a basement, offering flexible space and strong trading potential.
Ground & First Floor:
The shop is fully licensed as an off licence across both the ground floor and first floor, providing generous retail and storage space suitable for continued operation or expansion of the existing business.
Basement:
The basement has been fully refurbished to a high standard and offers excellent additional potential. It can be used as a nail and beauty salon, massage studio or similar use, subject to the necessary consents, creating an opportunity for additional income.
Key Business Information:
Turnover: £5,000 - £6,000 per week
Rent: £50,000 per annum
Business Rates: £18,000 per annum
Lease: New 20-year lease ( Inside Act 1954, renewable)
Rent Review: Every 5 years
Summary:
An excellent opportunity to acquire a well-established off licence in a prime South West London location, benefiting from strong weekly turnover and further scope to increase income through the refurbished basement space.
Viewing is highly recommended.
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Monthly repayment
£275 per month
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