Prime London Continental Grocery & Convenience Store - Recently Refurbished with Basement
City of London, London
- Status
FOR SALE
- Date Submitted:
16/06/23
- Advert ID
515043
- Leasehold: £120,000 (Stock at valuation)
- Rent: £45,000
- Turnover: On request
- Net Profit: On request
Key Features
- Fully Fitted
- Prime Location
- Large Business for Sale
- Close to Local Amenities
- Attractive Business
- Established Business
- New Lease
Business Details
Continental grocery & convenience store for sale
An established grocery shop for sale is located in the City of London, London. The business has been operating for many years, with it having been under my ownership for the past 6 months. The leasehold is priced at an negotiable cost of £120,000, and the current turnover is available upon request.
The shop is situated in a prime location, with a bus route, train station, and on a main road. It is a very large shop, unique to the area in its size. In addition to the prime location, the business also boasts recent refurbishments and includes fixtures and fittings. The basement is also included in the sale, and stock is sold at valuation.
The reason for the sale is due to partnership issues. The shop operates from 8 am to 8 pm, seven days a week, and has five employees on board. We are willing to offer training opportunities to the new owners in order for them to have a smooth transition into running the business.
This established business is in a prime location close to local amenities and offers an attractive opportunity for potential buyers. With a new lease available and a fully fitted shop, this is a large business for sale that is not to be missed.
For complete details about this business, please do not hesitate to contact me.
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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.
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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.
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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.'.
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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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