Established Off-License Convenience Store for Sale in Reading Town Centre, Berkshire
Reading, Berkshire
- Status
SOLD
- Advert ID
628722
- Leasehold: £80,000 (Stock at valuation)
- Rent: £14,400 (£1,200 per month)
- Turnover: £260,000 (£5,000 per week)
- Net Profit: On request
Key Features
- Established Business
- Prime Location
- Small Business
- Town Centre location
- Close to Local Amenities
- New Lease
- Fully Fitted
Business Details
Off License for Sale in READING RG1
This convenience store for sale is situated in the prime location of Reading Town Centre, Berkshire. With an established customer base and proximity to local amenities, it's a valuable business opportunity. The store currently generates an impressive turnover of £260,000 annually, highlighting its robust sales performance.
Operating hours for the store are extensive, from 8 am to 10 pm, allowing ample time for customer interaction and increased sales. The store experiences sales five to six times a week, supporting a steady stream of revenue. Despite being in a central location, the business benefits from a relatively low rent of £1,200 per month, with the added advantage of no business rates, ensuring lower operational costs.
This store is fully fitted and ready for immediate operation. The leasehold price is set at £80,000, and a new lease is available for prospective buyers. Although the business does not offer lottery, PayPoint, or parcel services, there remains a huge potential for growth and expansion, given its strategic location and stable operational history.
The store's location in the vibrant town center positions it favorably among nearby shops, restaurants, and public services, further enhancing its appeal to both regular and new customers.
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This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. 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.
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