Prime Location Convenience Store with High Turnover in Hanwell, London for Sale
Hanwell, LondonEst. 14 years
- Status
FOR SALE
- Advert ID
624206
- Leasehold: £449,999 (Stock at valuation)
- Rent: £35,000 (£2,917 per month)
- Turnover: £1,092,000 (£21,000 per week)
- Profit: On request
Key Features
- Regular operating hours for customers
- Relevant licenses and permits
- Rent and rates information
- Residential neighbourhood proximity
Business Details
High Turnover Convenience store for sale in West London, Hanwell, London
An established convenience store located in the town center of Hanwell, London, is now available for sale. The business boasts a high turnover with a current annual revenue of £1,092,000. This store has built a solid reputation over its 13 years of operation, with the current owner successfully managing it for the past 9 years.
The leasehold is priced at £449,999, while the annual rent is set at £35,000. The store benefits from its prime location, offering easy access to local amenities. This attractive business opportunity includes lease and comes fully fitted, ready for continued operation and success.
Features of this convenience store include its prominent position, well-established business framework, and potential for sustained high turnover. It presents an enticing prospect for potential buyers looking to invest in a thriving retail environment in a sought-after area of London.
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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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