50-year-old Sweet Shop with Freehold Commercial Property in Armadale West Lothian
Armadale, West Lothian
- Status
FOR SALE
- Date Submitted:
28/02/23
- Advert ID
509111
- Reference
1792 / Rightbiz
- Call Agent:
- Freehold: £149,995
- Turnover: N/A
- Net Profit: On request
Key Features
- Retirement Sale
- Potential for Alternative Use
- Established Business
- Town Centre location
- Accounts Available
- Prime Location
- High Turnover
Business Details
Well Established Sweet Shop and Freehold Commercial Property Ref 1792
Central Business Sales is delighted to offer to the market an excellent opportunity to purchase a local sweet shop that has been trading for over 50 years. The sale also includes the freehold property that comprises 2 shops. The sweet shop is extremely popular but the current owners now wish to retire and this offers a great investment with significant potential. Please note the residential property right next door is also up for sale.
The shop currently sells a full range of traditional sweets and confectionery as well as home made ice cream. There is scope to grow the business by adding further products, extending the opening hours and offering a delivery service. A new owner may wish to open up the premises to offer cafe seating.
The double unit is approximately 100m². The units have separate entrances and could be used separately. The main unit is used for the sweet shop. There is a large display area and serving area with an large ice cream display fridge. There is also a good sized kitchen to the rear. The second unit is currently used as storage.
The business and freehold commercial unit is being offered to the market for offers around £149,995. The business benefits from 100% rates relief under the Small Business Bonus Scheme. This would make an ideal investment and early viewing is highly recommended.
***PLAESE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES***
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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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