Top-Rated Independent Children's Toy Shop in Edinburgh - Growing & Successful Business
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
16/12/21
- Advert ID
287721
- Reference
1673 / Rightbiz
- Call Agent:
- Leasehold: £65,000 (Stock at valuation)
- Rent: £8,844
- Turnover: N/A
- Net Profit: On request
Key Features
- Fully Fitted
- Close to Local Amenities
- Established Business
- Attractive Business
- Town Centre location
Business Details
Award Winning Independent Children's Toy Shop with Excellent Reputation Edinburgh
Central Business Sales is delighted to offer to the market a very successful and award winning independent toy shop. The business has built up an excellent reputation and has a high level of repeat customers. The owner set up the business 5 years ago and has seen it grow year on year.
The toy shop sells a range of very popular toys, from newborn through to pre school, with an emphasis on plastic free products. A variety of interactive educational toys, children's clothing and nursery decor is available. The toys are good quality, designed to last and include jigsaws, blocks, pull along toys and books. The owner has achieved exclusivity on a number of brands, which attracts customers both locally and from further afield. The business has an e-commerce website, enabling customers to browse and order online as well as in person.
The single front premises are approximately 47m² and are in very good condition. There is an open plan display area with a serving area to the front. A large stock room lies to the rear. The shop is located on Ferry Road, one of the busiest roads in Edinburgh with a high daily passing trade.
The business is being offered on a leasehold basis with 3 years left on the current lease and an extension available. The rent is £737 per calendar month and 100% rates relief applies under the Small Business Bonus Scheme.
***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSINESS OR ANY STAFF MEMBERS**
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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