30-Year Established Grocery and Convenience Store with Car Park Available for Sale in Hove
Hove, East Sussex
- Status
FOR SALE
- Advert ID
621148
- Leasehold: £55,000 (Stock at valuation)
- Rent: £14,500 (£1,208 per month)
- Turnover: On request
- Profit: Not Applicable
Key Features
- Attractive Business
- Established Business
- Close to Local Amenities
- With Car Park
Business Details
Grocery & Convenience store for sale in Hove
The business in question is an established convenience store, which has been in operation for over 30 years. The current owner has held this business for 7 years. Located in the town center of Hove East Sussex, this convenient store offers excellent local amenities and is found in a prime location with an included car park.
The store is NEWLY REFURBISHED fully fitted and is considered an attractive business opportunity. It has the potential for further growth and development, as it presents an ideal opportunity for full refurbishment. The foundation for a successful operation is already laid, making it a perfect venture for those seeking to invest in a proven business model.
The leasehold for this established convenience store is priced at £55,000. This is a reasonable price considering the location and standing of the business. Additionally, the store comes with an annual rent of £14,500, a fair amount considering the benefits and opportunities this business offers. With its prime location and established business operation, this store is a valuable investment opportunity for a focused investor.
Please note all solicitors fees to be paid by buyer.
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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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