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CONFIDENTIAL SALE
FOR SALE
617048
1056UB1 / Rightbiz
This Grocery Store is for sale on one of the busiest roads in Southall.
UB1 is situated in Southall, Greater London.
There are shops, restaurants, and other amenities in and around the area, providing residents with necessary services and conveniences.
UB1 is well connected by public transport. Southall Station provides rail services to and from central London, making it relatively easy to access.
Participating in local community events or aligning your business with community activities can help you build relationships with residents and enhance your business's visibility.
Engaging with the local community can be beneficial for your business. Building a positive relationship with residents and participating in local initiatives can contribute to the success of your shop.
The license is not available for off-license at the moment.
The old sale was £13,000-£14,000 with the off license, but the license for the off license store can be claimed back, and the sale has the potential to go back to £13,000-£14,000.
Rent:
£20,400 pa.
Business Rates: NIL.
All clients are advised to make their own inquiries in regards to business rates.
Timing:
The current opening hours for this business are: 08:00 am to 09:00 pm.
Turnover:
£6,000 per week.
Premium:
This business is for sale for £130,000.
Tenure:
11-Years Lease Available Renewable.
Enquiries & Viewings:
If you would like to inquire or book an appointment, please contact us at:
Sivi Babbar | 07865974908 | Simarjeet Singh | 07919203881 | 0208 004 1111 | [email protected]
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get Solicitor
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