Established Fruit, Vegetable and Ice Cream Shop in Prime Newcastle Location for Sale
Newcastle upon Tyne, Tyne and Wear
- Status
SOLD
- Advert ID
621817
- Leasehold: £20,000
- Rent: £9,000 (£750 per month)
- Turnover: £108,000 (£2,077 per week)
- Profit: On request
Key Features
- Small Business
- With Car Park
Business Details
Fruit and vegetables And ice Cream shop
This well-established fruit and vegetable shop, located in Newcastle upon Tyne, offers a remarkable opportunity for those interested in a thriving small business. Featuring a prime street-facing location, this shop attracts numerous passersby with its eye-catching outdoor display and a wide variety of fresh produce.
The business boasts an established customer base within a local community setting. Inside, the spacious interior not only accommodates an extensive selection of fruits and vegetables but also includes additional grocery items, essentials, and an ice cream machine, further enhancing its appeal. The sale of the business includes all necessary fixtures, storage, and refrigeration equipment, allowing for immediate operation.
This business has been successfully operating for over a year, benefiting from nearby amenities such as shops, restaurants, and public services that help attract a steady influx of customers. Despite its success, the current owner is selling due to a lack of time for management. For those interested in catching this opportunity, the leasehold price is set at £20,000, with a current turnover of £108,000 and an annual rent of £9,000. The sale price includes all stock, ensuring a seamless transition for the new owner.
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This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.
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.
Be safe, use a Rightbiz Solicitor
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