Eastern European Food Store with In-Store Butcher for Sale in Streatham, London
Streatham, London
- Status
FOR SALE
- Advert ID
627518
- Leasehold: £130,000
- Rent: £25,000 (£2,083 per month)
- Turnover: On request
- Profit: On request
Key Features
- Potential for Alternative Use
- Close to Local Amenities
- Fully Fitted
Business Details
Eastern European food store in streatham high road
Established in 2012, this business features a grocery store complete with a butcher. It operates as an off-licence with a diverse range of products and includes modern refrigeration and food preparation equipment. The store boasts a spacious layout, organized shelving, and well-maintained display units, contributing to a strong customer base in a vibrant location with potential for further expansion.
The business has been operational for 13 years, with the current owner having managed it for the same duration. Situated near Streatham Common Station, the location is convenient, with a bus stop just outside and a large park across the street, offering excellent access to local amenities such as shops, restaurants, and public services, which attract a steady stream of customers.
All fixtures and fittings are included in the sale, as seen in the presentation video. The decision to sell arises from a need to move abroad. The business employs six staff members, and while it does not currently have a significant online presence, it is advertised on Facebook. Training opportunities for new owners are available upon request.
This Eastern European food store is located on Streatham High Road in Streatham, London. It presents a leasehold opportunity with the asking price available upon request. The annual rent is £25,000. The business is fully fitted and presents potential for alternative use, making it a promising investment opportunity.
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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.
Stay Safe
Don't 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 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.
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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.
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