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Chigwell Hardware Business for Sale - Prime Location, Established & Profitable

Chigwell, Essex
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ESTABLISHED HARDWARE BUSINESS FOR SALE IN CHIGWELL - RARE OPPORTUNITY Photo 1
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ESTABLISHED HARDWARE BUSINESS FOR SALE IN CHIGWELL - RARE OPPORTUNITYESTABLISHED HARDWARE BUSINESS FOR SALE IN CHIGWELL - RARE OPPORTUNITYESTABLISHED HARDWARE BUSINESS FOR SALE IN CHIGWELL - RARE OPPORTUNITY
  • Status

    FOR SALE

  • Date Submitted:

    07/09/22

  • Advert ID

    499759

  • Leasehold: Price on Application
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Unique Business
  • Offers Invited
  • Prime Location
  • High Turnover
  • Established Business

Business Details

ESTABLISHED HARDWARE BUSINESS FOR SALE IN CHIGWELL RARE OPPORTUNITY

** ESTABLISHED HARDWARE BUSINESS FOR SALE **

- Situated on Brook Parade, which is the main shopping area in Chigwell and comprises a variety of shops, offices and eateries. Chigwell Station is on the Central Line and provides a regular service into London Liverpool Street. Comprising an extended ground floor lock-up shop of approx 1,127 sq ft (104.7 sq m) which has been traded as 'LJ Mead & Son' hardware shop since 1979. To the rear of the property is a lock-up garage. The business is available for sale, including fixtures, fittings, goodwill, and possibly stock, and more details are available upon request. The premises would be suitable for a variety of occupiers. Please call CLARKE HILLYER on 02.850.9220 for further information.

Comprising an extended ground floor lock-up shop which has been traded as 'LJ Mead & Son' hardware shop since 1979. To the rear of the property is a lock-up garage. The premises are more particularly described as follows:

Sales area: 1,127 (104.7 sq m).
Lean-to: 57 sq ft (5.3 sq m).
W/c.
Garage.

The business is available for sale, including fixtures, fittings, goodwill, and possibly stock, and more details are available upon request. The buyer of the business would take a new full repairing and insuring lease, on terms to be agreed, at a rent of £33,000 per annum.

Epping Forest District Council have informed us of the following:

2017 Rateable Value: £24,250
2022-23 UBR: 0.499 P/£
2022-23 Rates Payable: £12,100.75

Interested parties are advised to ascertain current rate liability with the Local Authority.

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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.

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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.

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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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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.

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