FOR SALE
06/08/21
280774
Newsagent and Convenience store in Blyth Northumberland For Sale.
Location: An excellent opportunity to take over this thriving business as Newsagent and general store.
The shop is on a corner position on Blyth High Street next to Pound Stretcher and opposite Keelrow Shopping Centre. It is situated right opposite Main Blyth Bus Station, having theatre, hospital, offices, and schools near the shop popular with the residents serving in the area.
The shop is in fairly good condition, has fitted CCTV cameras and a Security system.
The size of the shop is 950 sq: Ft approx and Kitchen, toilet and small Storage.
The business needs full-time management to make maximum business profits.
Specialized Tobacconist selling pipe and Kendal loose tobacco for last sixty years.
Selling all sorts of Zippo lighters, cigars, smoking pipes like falcon and Peterson.
Paypoint, Lottery, Payzone, Photocopying, FAX facility. Vape Shop.
UPS, Amazon Access Point, DPD, DHL parcel collection point.
RIA Money Transfer, Mobile Repair and sales.
Newspaper and magazines, greeting cards. Five Fridges for cold drinks. General confectionery and crisps.
Turnover: £10,000 P. W.
Rent: £11,000 P. A.
Rates: NIL - being a small business.
Timings:
06:00AM to 7:30PM (MON-SAT) Sunday 06:00am to 01:00PM.
Financials and Price:
The business is marketed for £110,000 plus Stock as per valuation; it includes the goodwill, fixtures & fitting. Three Years Account is available on request—genuine Business owned for last 15 years.
Tenure: Lease under the Land Lord Tenant Act for six years and rent review every three years. Can Provide a long lease if required.
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
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