Prime Bournemouth Electronic Device Repair & Retail Shop with Established Customer Base for Sale
Bournemouth, Dorset
- Status
FOR SALE
- Date Submitted:
02/05/24
- Advert ID
610697
- Reference
H207533 / Rightbiz
- Call Agent:
- Leasehold: £19,950 (Stock at valuation)
- Rent: £25,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Established Business
- Town Centre location
- Fully Fitted
- Accounts Available
Business Details
Spacious Electronic Device Repair & Retail Shop
Goadsby Commercial present spacious, well presented high street retail premises. Electronic device repair shop. Sells accessories such as phone and tablet cases. The shop also sells mobile phones. "Turnkey” business with established customer base.
LOCATION
Prime Bournemouth Town Centre position. Substantial passing foot traffic. Located amidst retail shops and offices.
ACCOMMODATION
Retail Shop. Staff Room. Staff Cloakroom. Basement Store Room. First Floor Kitchen and Storage Area.
DESCRIPTION
Through front double doors into Shop with fitted floor mat, laminated flooring, LED concealed ceiling lights, extensive wall display racking, 2 glass display cabinets, free-standing display cabinet, counter with 3 display cupboards, servery counter, 3 chairs, computer, printer, work desk, light, CCTV cameras, wall mounted Dimplex heater. Through door into Staff Room. Through into Lobby. Door into Cloakroom with wash hand basin, hot water heater, cubicle with low level WC. Door with stairs down into BASEMENT for storage. Door from Shop into Lobby with stairs up to FIRST FLOOR with Kitchen with work top surfaces, single drainer single bowl sink unit and storage area.
TRADING & BUSINESS
The owner informs us that the business currently operates 7 days a week, under management and is operated by one full time member of staff and one part time staff member. The business repairs electronic devices such as mobile phones and tablets and also has a retail arm buying and selling accessories and mobile phones. The owner informs us that he has operated the business for 3 years and the turnover in the last trading year was circa £100-£120,000. We have not had sight of accounting information for this business.
TENURE
LEASEHOLD. The owner informs us that there are approximately 7 years remaining on an original 10 year lease with 5 yearly rent reviews, at a current rent of £25,000 per annum, exclusive. We have not had sight of this lease documentation.
Contact Agent
Listing Statistics
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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.'.
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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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