Prime Corner Grocery and Off-License Store for Sale in Tunbridge Wells, Kent
Tunbridge Wells, Kent
- Status
FOR SALE
- Advert ID
630096
- Leasehold: £130,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £442,000 (£8,500 per week)
- Profit: On request
Key Features
- Price Reduced
- Potential for Alternative Use
- Large Business for Sale
- Fully Fitted
Business Details
Off license and Grocery store in Tunbridge Wells Kent
The business, located at a prime corner location in Tunbridge Wells, Kent, benefits from high foot traffic and offers a leasehold opportunity for sale. Well-appointed with modern shelving and refrigeration units, the store boasts an extensive inventory that includes snacks, drinks, and fresh produce. The diverse product range features international brands, appealing to a wide customer base. Additionally, a comprehensive security system is installed to ensure the safety of the premises and inventory.
Currently operating as a convenience and off-license grocery store, the business has an annual turnover of £442,000, with rent priced at £24,000. Despite the business's potential and strategic location, the owner seeks to sell due to a shortage of staff, with only two employees currently employed. Although the business itself has been established for three months under the current operation, the current owner has been in the business for 11 years, demonstrating significant experience and understanding of the market.
A nearby cafe serves as an additional attraction, drawing more customers to the area and complementing the offerings of the convenience store. However, as of now, the business lacks an online presence, which presents an avenue for growth and increased customer engagement. This opportunity is ideal for an entrepreneur looking to tap into a vibrant market and further develop the business's potential.
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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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