FOR SALE
628322
The established Cash4Clothes shop, located in the heart of Featherstone, is now available for sale. This business, well-situated in a central location, is highly visible from the train station and is conveniently located near a hotel, cafe, and bus stop, ensuring a steady flow of customers.
The property boasts a very attractive lease, with a comprehensive package of just £750 per month including all bills. It also features ample space, including a main shop area with two large rooms, a corridor, toilets, a kitchen, and a laundry area. A 40 ft trailer outside offers additional storage, complemented by extensive parking facilities.
This business has been successfully operating for nine years without any competition in the area, attracting customers from all over West Yorkshire. Additionally, business rates are not applicable, which makes this an even more attractive opportunity for potential buyers. The shop has a regular clientele base and has experienced an increase in turnover over the years.
The shop is a treasure trove of varied second-hand goods and includes functional bathroom and kitchen facilities. Onsite laundry amenities are available for cleaning stock, providing a seamless operation. All fixtures, fittings, and a large inventory of stock are included in the sale price, offering a turnkey opportunity for the new owner.
Currently, the business operates with one employee and has a strong online presence via Google. The current owner has decided to sell due to relocation to Scotland, but is open to offering any necessary training to the new owners, ensuring a smooth transition.
Financials are robust, with accounts available and a current turnover of £125,000. Both freehold and leasehold options are available, with the rent for the warehouse being £9,000 annually. Offers are invited, with potential for owner financing.
This unique business not only offers attractive financial prospects but also potential for refurbishment and alternative use, making it a versatile investment. It is situated in a prime town center location within an affluent village, surrounded by local amenities, offering a great opportunity for future growth.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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