Leeds Fashion Jewellery Shop in Prime Location Up for Sale, Established Since 2000
Leeds, West Yorkshire
- Status
FOR SALE
- Advert ID
627418
- Leasehold: £10,000
- Rent: £18,000 (£1,500 per month)
- Turnover: £45,000 (£865 per week)
- Profit: On request
Key Features
- Established Business
- Price Reduced
- Prime Location
- Unique Business
Business Details
Fashion Jewellery Shop for Sale
Located in the heart of Leeds City Market, the largest market in Europe, this well-established fashion jewelry shop is up for sale. The shop benefits from its prime location, drawing significant foot traffic due to its proximity to busy food and restaurant areas, public toilets, Leeds bus station, and Leeds City College.
The business has been operating since 2000 and has developed a strong local presence over the years. Recently refurbished, it features elegant display cases and organized setups that enhance the customer shopping experience. All fixtures and fittings are included in the price. Despite facing no direct competition within the market, the shop offers attractive sales promotions and has a robust customer base.
Priced at £10,000, the shop offers a leasehold opportunity with an annual rent of £18,000 (£1,500 per month). There is no business rate, which makes it an attractive investment. The current turnover is £45,000, demonstrating an increase over the past year. The business employs two staff members, and training opportunities will be offered to new owners.
Though the business lacks an online presence, its strategic location and amenities access make it an alluring investment for prospective buyers. The shop is unique within the market as the only fashion jewelry store, enhancing its attractiveness. The owner is selling due to time constraints with other business ventures.
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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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