Barnet London Appliance Shop with 14-Year Lease and Stock Included for Sale
Barnet, London
- Status
FOR SALE
- Advert ID
629744
- Leasehold: £80,000
- Rent: £18,000 (£1,500 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Offers Invited
- Established Business
- Company for Sale
- Prime Location
Business Details
Appliance shop for sale
Located in the bustling town center of Barnet, London, this well-established domestic appliances spares business presents a unique opportunity for prospective buyers. With a present lease extending for 14 years, the business benefits from a competitive leasehold price of £80000 and an annual rent of £18,000. All existing stock is included as part of the sale, making it a ready-to-go investment.
The business is not only attractively positioned but also enjoys the advantage of a company sponsorship license for work permits, facilitating the employment of skilled staff from variably qualified backgrounds. The store's open-plan trading area, coupled with a conveniently accessible car park, enhances the appeal to both customers and employees alike.
Beyond its current operations, the property offers potential for alternative uses, providing flexibility for the new owner to explore other business avenues if desired. Positioned close to local amenities, it ensures a steady flow of foot traffic, proving advantageous for business growth. This offer invites interested buyers to seize a prime location with a dynamic trading space that features split-level areas, offering a conducive environment for diverse merchandising.
The seller welcomes offers, highlighting a compelling opportunity to acquire an attractive and unique business, underscoring its potential to thrive in a prominent community setting.
Company has sponsorship licence Â
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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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