30+ Year Electronic Repair & Retail Shop For Sale in Affluent Surrey Town
Undisclosed
- Status
FOR SALE
- Date Submitted:
04/03/22
- Advert ID
291565
- Reference
12450 / Rightbiz
- Call Agent:
- Leasehold: £173,000
- Rent: £30,000
- Turnover: On request
- Net Profit: On request
Key Features
- Accounts Available
- Fully Fitted
- Prime Location
- Split Level Trading Area
- Attractive Business
- Open Plan Trading Area
- Potential for Alternative Use
- Unique Business
- Adjacent to Multiple Retailers
- Established Business
- Central Position in Affluent Village
- Town Centre location
Business Details
Electronics Repair & Retail Shop, Surrey
Extremely well established electronics repairs & retail shop in an extremely desirable town in the affluent Surrey.
The business benefits from a glowing online reputation, having been established for over 30 years, there is a significant amount of goodwill attached, with returning customers from within the town, and further afield.
As well as a physical presence, the business has an interactive, easy-to-use website whereby orders can be placed and delivered / collected in store.
The business sells a variety of products, from the latest smart TV’s, to kitchen appliances & audio equipment. The current vendor also owns the freehold to where the business operates. They are willing to offer a brand new lease (Inside the Landlord & Tenant Act 1954 (Renewable)) with flexible duration, 5-10 years preferred.
The rent being requested is £30k P/A.
The business turnover is consistently in the region of £520k, with a shown net profit c. £67k with significant room for growth
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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