Retail premises for sale

Hertfordshire WD4

Discover an exceptional investment opportunity in the heart of the charming village with this spacious off licence property. Nestled within a thriving residential area, this off licence benefits from a high footfall and is surrounded by houses, making it an indispensable village shop and post office hub for the local community. The attractive location offers easy accessibility and ample parking, ensuring convenience for both customers and staff.

With short operating hours and an easy-to-manage layout, this off licence presents a rare chance to own a business with significant potential to grow sales. The absence of direct competition within the vicinity further strengthens its appeal as a profitable venture. The leasehold property is ideal for investors or entrepreneurs seeking a stable income stream in a prosperous, friendly neighbourhood.

Don’t miss this outstanding opportunity to secure a highly sought-after off licence in an attractive and well-connected location. Embrace the potential to increase sales and become a valued part of the Kings Langley community today.

Key information:

Rent: £18,000 Per Annum
Business Rates: Nil
Turnover: £10,000 - £11,000 Per Week ( Approx )
Post Office Commission: £12,000 - £16,000 Per Year ( Approx )
Trading Hours: 7:30 am – 7:30 pm ( Mon - Sat ) 8:00 am – 4:00 pm ( Sun )
Alcohol Timings: 8:00 am - 11 pm ( Mon - Sat ) 10:00 am - 10: 30 pm ( Sun )
Good Friday: 10:00 am - 10:30 pm
Christmas: 12:00 pm - 3:00 pm and 7:00 pm - 10:30 pm
Lease: 11 Years and Renewable
Staff: 1 Full-Time / 1 Part-Time
Rear Car Park: 10 Spaces
Utility Bills: £5000 - £6000 Per Year ( Approx )
Services: Lottery
Profit Margin: Upto 50 - 60 % minimum, as most of the products are non-priced marked
Asking Price: £250,000 Including Fixtures & Fittings + Stock at Valuation

Stepped rent arrangement as follows:

Year 1 & Year 2 - £15,000 per annum
Year 3 & Year 4 - £18,000 per annum
Year 5 & Year 6 - £22,000 per annum
Year 7 & Year 8 - £25,000 per annum
Year 9 onwards - £26,500 per annum

After 9th year the rent will increase according to the market value.

Further Growth Potential by Introducing:

Evri, Inpost locker, Relay, Yodel and ups, Coffee machine.

Fish and chips or pizza shop partition subject to planning permission from the Dacorum council if buyers wants to plan.

3 miles there is none pizza shop or fish and chips or kebab shop.

Enquiries & Viewings:

If you would like to enquire or book an appointment, please contact us:

| Mr Sivi Babbar | |
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