Home Furnishing Business in Trendy Kings Heath, Birmingham West Midlands For Sale
Kings Heath, West Midlands
- Status
SOLD
- Advert ID
621892
- Reference
11270 / Rightbiz
- Call Agent:
- Leasehold: £19,950
- Rent: £9,000 (£750 per month)
- Turnover: £70,000 (£1,346 per week)
- Profit: On request
Key Features
- Offers Invited
- Accounts Available
- Attractive Business
- Fully Fitted
Business Details
Home Furnishing Business For Sale Kings Heath Birmingham West Midlands
A great opportunity to purchase a home furnishing business with arts and craft with sales of furniture, garden items, homeware, lighting, stationery, toys and games. Turnover averages around £70,000 per annum with great scope to significantly increase that figure. The shop operates from York Road in Kings Heath a very fashionable area with strong independent retail shops making it a good location for customers to visit. The business is secured on a 5 year lease from 2021 with a rent of £9,000 per annum and with a rateable value of £8,400 so with small business rates relief there are no business rates to pay. The shop opening hours are 10am to 5pm Wednesday to Saturday and has two staff members with the owner just overseeing things. The business has exclusivity in the area on Annie Sloan chalk paint and upscales furniture items for customers. We feel this is a great opportunity for any new owner to take the business on and with a couple of changes increase the present turnover.
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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 amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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.'.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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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