Prime London SE19 Corner Shop for Sale - High Turnover & Modern Features
Crystal Palace, London
- Status
FOR SALE
- Date Submitted:
15/05/23
- Advert ID
513217
- Reference
/ Rightbiz
- Call Agent:
- Leasehold: £65,000 (Stock at valuation)
- Rent: £15,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Established Business
- High Turnover
- Offers Invited
- Prime Location
- Small Business
- Vacant/Empty Premises
- Town Centre location
- Attractive Business
- New Lease
- Company for Sale
Business Details
Corner Shop for Sale in London SE19.
Corner Shop for Sale
SINGLE FRONTED PREMISES in the region of 300 ft² WITH ELECTRIC SHUTTERS, wood tile floor, modern adjustable metal shelving, 1 x cool display units (1.50 metres), 1 fridges, sales counter, cash register, CCTV system.
Staff toilet with w.c. & wash hand basin
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 30-50% approx.
Staff
The business is at present operated by the owner himself with 1 part-time staff.
Trading Hours
7 day week - 7.00 a.m. - 12.00 a.m.
Outside
Parking space available on the side road.
Tenure
WE HAVE B EEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rental of £15,000 p.a.
Nil Busines Rates after full relief (Please contact local authority to confirm)
THE BUSINESS IS OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S ILL HEALTH
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (£18,000/20,000 approx).
FOR VIEWINGS PLEASE CALL OUR OFFICE ON 0208 574 3444
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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Contact seller
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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