Established 2-Year Successful Leasehold Shop for Sale in Barnet, London
Barnet, London
- Status
FOR SALE
- Advert ID
629799
- Leasehold: £80,000
- Rent: £18,000 (£1,500 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- New Lease
- Company for Sale
- Adjacent to Multiple Retailers
- Offers Invited
Business Details
Established Domestic Appliances Spares Company for saleĀ in Barnet London.
The opportunity to acquire an established Domestic Appliances Spares Company located in a prime retail area of Barnet, London, is now available. This well-positioned business benefits from a high foot traffic location and offers a comprehensive range of domestic appliances and spare parts. The store boasts a well-organized inventory, which includes kitchen equipment and essential home tools, making it convenient for customers to find what they need.
The business is housed within a leasehold shop, with the lease available for purchase at Ā£80,000. The annual rent for the premises is set at Ā£18,000, making it a favorable option for those looking to invest in a retail property in a bustling area. The store is equipped with clear window displays and attractive price tags, enhancing the shopping experience with special offers and competitive pricing.
For the past two years, I have successfully managed and grown this business, setting a strong foundation for future potential. The established storefront is inviting and well-known in the community, making it an ideal investment for anyone looking to enter the retail sector with a strong customer base already in place.
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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 Ā£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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