FOR SALE
26/09/23
600225
ID:3001 / Rightbiz
Sovereign is delighted to bring to market two fantastic independent retail discount stores, located within proximity to each other in the Nottinghamshire area.
The two stores are located in prime positions on busy parades of shops and offer a wide range of household items retailed at discount prices including greeting cards, accessories, toiletries, gifts, toys, paint, garden essentials and lots more.
All products are sold at realistic prices to the purchaser, yet very good margins are achieved by the retailer. Operated by competent staff members the retail spaces are tastefully laid out to emphasise the quality and range of gifts on offer.
The first subject property is a substantial three storey building with a total return of 3,686.10 square feet. The ground floor is currently used for retail and could easily be divided into small units with the first and second floors being converted into living accommodation (STPP). The is ample unrestricted customer parking to the rear of the premises.
The second subject property is a three storey building is circa 1,065.63 square feet located on a busy parade of shops with ample customers parking to the front and side of the premises. Both properties have been subject to periodic upgrades over their lifetime.
This long established business would greatly benefit from taking its operation online where customer orders could be placed which would undoubtedly increase revenue and the overall profitability of the business. Additionally developing a strong social media presence would increase the business profile and allow customers to easily follow the business and keep up to date on the latest gifts to come into the shop.
The shop currently has accounts with all the main suppliers in the industry which will be available to the new owner pending credit checks as standard.
This business would make an ideal opportunity for an experienced retail entrepreneur looking to purchase two quality retail outlets.
It would also suit a property developer looking to expand their current portfolio in the Nottingham area.
On the market for a competitive price of £1,250,000 SAV. Therefore viewing is highly recommended to fully appreciate the quality of this going concern.
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
Get SolicitorThe data showed regarding this advert 'Freehold Multi Site Retail Discount Stores For Sale Nottinghamshire Area - ID:3001 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.