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Mobile and vape shop for sale in Leith Edinburgh with lease available for the shop

Leith, Edinburgh

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    634948

  • Freehold: £30,000
  • Rent: £15,000 (£1,250 per month)
  • Turnover: £140,000 (£2,692 per week)
  • Profit: Not Applicable

Key Features

  • Established Business
  • Small Business
  • Close to Local Amenities
  • Attractive Business

Business Details

mobile & repair plus accessoriesLease available for shop

Established for over 30 years, this mobile phone and vape business has a solid reputation in the community, boasting a loyal customer base and a prime location by a tram stop in Leith, Edinburgh. The shop specializes in mobile repairs and accessories, making it a trusted source for local residents.

The business benefits from its proximity to various amenities, including cafes, shops, and pubs, which help attract customers. The competitive landscape in the area is favorable, contributing to the business's consistent growth, with an increase in turnover reported over the past year, reaching approximately £140,000.

This business is being offered with fixtures and fittings included in the sale price. The lease for the shop is available, and while there are no employees currently, the owner is willing to provide training opportunities to the new owners to ensure a smooth transition.

For those interested, both freehold and leasehold options are available, with the annual rent set at £15,000. However, further details on pricing can be provided upon request. This is an excellent opportunity for someone looking to step into a well-established business in a bustling area.

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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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The data showed regarding this advert 'mobile & repair plus accessoriesLease available for shop ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.