Spacious Walthamstow Supermarket - Expansion Opportunity, Forecourt Included
Walthamstow, London
- Status
FOR SALE
- Date Submitted:
19/03/23
- Advert ID
510255
- Leasehold: £190,000
- Rent: £22,500
- Turnover: On request
- Net Profit: On request
Key Features
- Potential for Alternative Use
- Attractive Business
- Small Business
- Established Business
- Accounts Available
- Close to Local Amenities
- Prime Location
- Fully Fitted
Business Details
Double shop front supermarket up for sale with small forecourt potential to extend
Established double shop front supermarket on a prominent main road position in a densely populated area. Superbly fitted throughout with small forecourt potential to extend to encapsulate fruits and vegetables. Providing excellent scope for future growth.
I am delighted to market this licensed family run double shop front supermarket occupying a prominent trading position within a thriving parade of shops within forest road, Walthamstow.
The business is worked over seven days with a very good weekly turnover, I would advise arranging a viewing to see and discuss current sales (weekly turnover, annual sales, net profits) in person. This business has been operating within the locality for many years and has been under present ownership since 2010 enjoying the regular repeat and passing trade.
The business is 162.34 m2 in size divided into two floors; ground and lower ground floor. The ground floor comprising of bathroom and kitchen (12.7 m2), stock room (27.3 m2) and shop floor (73.1 m2) in which is neatly fitted throughout with a range of good quality fixtures and fittings including 16 surveillance cameras and security alarm. The lower ground floor (50 m2) currently vacant but could be used for additional storage.
This business would ideally suit an energetic and enthusiastic operative who can continue to develop and expand the business while introducing additional product lines which will undoubtedly increase the turnover and subsequent profits.
This property is set up - and currently is licensed - to sell alcohol. All relevant paperwork for this unit is completed and approved by the Metropolitan Police and Local Council.
Current opening hours are:
Monday to Saturday: 07:00 - 01:00
Sunday: 07:00 - 23:00
12 years remaining on the property lease.
If interested, please contact me; Safak directly on (available on request) to arrange a viewing
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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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