Prime Location Convenience Store for Sale in Hackney/Shoreditch with Upscale Potential
Hackney, London
- Status
FOR SALE
- Advert ID
617132
- Leasehold: Price on Application (Stock at valuation)
- Rent: £28,000
- Turnover: £520,000 (£10,000 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- High Turnover
- Prime Location
Business Details
Convenience store for sale in Hackney Shoreditch
Prime Location Off-license Convenience store for SALE in SHOREDITCH with value add potential
OFF LICENSE FOR SALE IN PRIME LOCATION OF HACKNEY, LONDON - HUGE POTENTIAL TO INCREASE SALES.
Convenience Store for sale in Hackney, London. This family-run business, trading since 2008, is the only store in its location. Situated on a busy road, it's surrounded by cafes, bars, offices, and houses providing a steady stream of potential customers.
The convenience store currently commands a turnover of £520,000. All offers close to this valuation will be considered. This sale offers a unique opportunity to take over an established business in a thriving and diverse area.
This shop currently does not have Paypoint, Oyster and lottery. These services could potentially add considerably to the revenue.
Rent:
£28,00 per annum.
Business Rates: £2630 pa. payable
All clients are advised to do their own enquiries in regards to business rates.
Staff :
2 Full Time along with the owner
Timing:
The timings for this business are 8:00 am - 05:00 am.
7 Days a week
License is currently from 8:00 am - 02:00 am
Turnover:
The current turnover: £9,000 - £10,000 Per Week.
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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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