Established Small Jewellery Shop with Alternate Use Potential, No Premium
Sleaford, Lincolnshire
- Status
FOR SALE
- Advert ID
630798
- Rent: £8,400 (£700 per month)
- Turnover: On request
- Profit: On request
Key Features
- Small Business
- Adjacent to Multiple Retailers
- Potential for Alternative Use
- Close to Local Amenities
Business Details
Small Jewellery shop established Nil Premium with Potential for Alternative use
This charming jewellery shop located in the heart of a small town offers a remarkable opportunity for prospective business owners. Situated in a prime location directly opposite Costa Coffee, the shop enjoys excellent visibility and foot traffic, making it a desirable choice for entrepreneurs.
Having been established since 1987, the shop's longevity speaks to its excellent reputation and loyal customer base. Despite its success, the store is currently closed following the owner's retirement, presenting a unique chance for someone new to step into a well-established business without having to pay any premium, just the annual rent of £8,400.
A significant advantage of this opportunity is the exemption from business rates, resulting in incredibly low running costs. Additionally, the shop comes equipped with valuable fixtures and fittings, including two safes, an alarm system, and laminated security glass, all included in the price.
The location benefits from the proximity of amenities like Costa Coffee, which draws a steady stream of potential customers. Furthermore, the competition in the area is limited, providing a favorable environment for the new owner to thrive. Despite the business being closed, the groundwork for success is already laid out.
Currently, the business does not have an online presence, which presents an avenue for growth and modernization. The previous owner is selling solely due to retirement.
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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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