FOR SALE
30/10/22
502847
Italian Convenience Store Plus off Licence & Delicatessen.
Tables and stools providing seating for five persons.
DOUBLE FRONTED PREMISES in the region of 960 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with concealed lighting. Air conditioning with hot air. Sales counter, two cash registers, two cool display Deli counters with refrigerated storage section,2-2.5m open cool display units, two glass-fronted upright double door drinks display fridges, modern adjustable shelving,2-group coffee machine, coffee grinder, slicer, grill, toaster, ice cream freezer, two small freezers, one fridge, one fan oven, one microwave. CCTV system (8 cameras, two monitors).
Office.
Stockroom / Storeroom.
Toilet with w.c. and wash hand basin.
Basement, used for storage purposes.
WE ARE INFORMED by the owner the turnover currently averages £5,000 per week with a gross profit of 30% approx.
The business is at present operated by the vendor with two full-time staff employed.
7 Day week.
MONDAY - SUNDAY eight a.m - eight p.m.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2021 with reviews every three years (next review 2024) at a current rent of £22,000 p. A.
Business Rates from April 2022 £11,000 approx. (Please contact the local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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