Off-License Convenience Store and Newsagents for Sale in Galston, East Ayrshire
Galston, East Ayrshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
14/03/24
- Advert ID
608241
- Leasehold: Price on Application (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
Convenience Store Newsagents with Off license Galston, East Ayrshire
Contact 07885694134
All fixtures and fittings. £10k goodwill (Negotiable)
Rent £600 per month
Min lease 10 years, can be extended
Current weekly turnover £4/5k
Current state - Tenant has been running the store for nearly 9 years and is leaving due to personal reasons with around a year left on lease. Tenant has run the store down intentionally.
This store had a turnover of £5/6k a week initially. Tenant introduced a food to go area and increased sale to £8/9k a week. Due to personal issues and other interests it seems to be the reason why shop sale has seen a decline. Tenant has not given us much notice and it needs a new tenant urgently to avoid damaging business further.
A prominent convenience store and licensed newsagent business located in Galston, East Ayrshire is currently up for sale. Interested parties are requested to reach out for additional details including information relating to rent, turnover, and other pertinent details.
The store has a strong established presence and a recognized brand identity, making it an attractive business opportunity. Conveniently situated on a street corner, the store offers high visibility coupled with easy pedestrian access, ensuring consistent customer footfall.
Additionally, the convenience store is fully equipped with an external display area suitable for promotional items. This provides an excellent marketing opportunity to showcase merchandise and attract potential customers. Other notable attributes of the storefront include sizable windows that are perfect for product displays and advertising.
Moreover, the store provides a range of valuable services such as an Automated Teller Machine (ATM) as evident by the storefront signage. By offering a multitude of services, the convenience store caters to the diverse needs of customers, making it a go-to location for many.
The leasehold price and current turnover of the business are available upon request. Buyers are open to negotiation, providing potential investors with flexibility. This sale represents an exciting opportunity for investors to acquire an established and well-positioned business with significant growth potential.
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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.
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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.'.
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.
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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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