Prime Supermarket & Greengrocers in St John's Wood, London - 30 Years Established
City of London, London
- Status
FOR SALE
- Date Submitted:
03/03/23
- Advert ID
509306
- Leasehold: £100,000
- Rent: £15,000
- Turnover: On request
- Net Profit: On request
Key Features
- Unique Business
- Fully Fitted
- Established Business
- Attractive Business
- Close to Local Amenities
- Price Further Reduced
Business Details
Well Situated Supermarket and Greengrocers Food and wine in St John’s Wood
This business is a supermarket and greengrocers for sale in a prime location. It has been established for 30 years and has been owned by the current owner for 3 years. The leasehold price is £150,000 and the current turnover is available on request.
The business is situated in a cul de sac of 400 flats and a residential area. It is conveniently located near a bus stop and St John's Wood station, opposite Lords Cricket Ground, which generates footfall from the cricket matches.
The sale includes all fixtures and fittings, including a brand new Epos system with all the pricing and items on the system. There is little or no competition locally, and the turnover has been steady. The reason for sale is due to the owner relocating abroad. The business is open 7am-11pm 7 days a week and employs 1 employee.
There is potential to partner with food delivery platforms to provide a delivery service of groceries in the area. The current owner is willing to offer training opportunities to the new owners.
For complete details about this business, please contact the current owner.
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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.
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