City Food and Wine" Off Licence Store in Saint Albans, Hertfordshire for Sale
Saint Albans, Hertfordshire
- Status
FOR SALE
- Date Submitted:
29/04/24
- Advert ID
610563
- Leasehold: £200,000 (Stock at valuation)
- Rent: £28,500
- Turnover: £624,000 (£12,000 Per week)
- Net Profit: On request
Business Details
Convenient store for sale
The shop named 'City Food and Wine' located in Saint Albans (AL3 5BN) is an Off Licence for sale in Hertfordshire. The leasehold price has been set at £200,000 with the existing turnover being £624,000. We are open to any price negotiations. The shop features well-stocked shelves comprising of a variety of both alcoholic and non-alcoholic beverages. We also have a refrigeration section for chilled drinks and perishable items available.
In addition to this, we also offer in-demand products which include snacks, magazines, and confectionery. For enhanced security measures, we have incorporated a CCTV system to ensure the safety of the premises. The shop also offers Pay point and lottery services for the convenience of our valued customers.
The operational hours for the City Food and Wine shop vary during the week. From Monday to Thursday, the shop is open from 8 am to 11 pm. However, during the weekends, from Friday to Sunday, we extend our opening hours from 8 am to 12 midnight.
Regarding staffing, we currently have two part-time employees. The standard rate for the staff is set at £2,500. Overall, City Food and Wine offers a profitable opportunity for potential buyers considering the features, location, and existing turnover of the business.
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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.
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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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