Chingford Mount Jewellers & Pawn Brokers Business For Sale, Prime London Location
Chingford, London
- Status
FOR SALE
- Date Submitted:
30/07/20
- Advert ID
263048
- Reference
585241 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Turnover: £130,760 (£2,515 Per week)
- Net Profit: Not Applicable
Business Details
Jewellers & Pawn Brokers For Sale in Chingford Mount
JEWELLERS & JEWELLERY REPAIRS in London for Sale.Very well established and well patronised jewellers occupying a PRIME TRADING POSITION in close to a busy junction on this bustling London ‘High Street’ shopping parade. The business has been in the same family for circa 50 years – the business has served the districts shoppers together with some famous names providing jewellery and a repair service from these ideal premises with excellent display windows and shows adjusted Net Profits in excess of £51,000 on latest available accounts. Huge scope to sell products online. Annual Turnover £130,760. The premises are held on lease with sensible rent and which briefly comprise saleshop with a good range of jewellery display cabinets. Well fitted and air conditioned office, storage, work room, kitchenette, stock room.
EPC Band E.
Stock approx £25,000
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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