Multi-Purpose Convenience Shop for Sale in Wolverhampton West Midlands
Wolverhampton, West Midlands
- Status
FOR SALE
- Advert ID
635774
- Leasehold: £90,000
- Rent: £16,800 (£1,400 per month)
- Turnover: £48,000 (£923 per week)
- Profit: On request
Key Features
- Accounts Available
- High Turnover
- Offers Invited
- Adjacent to Multiple Retailers
Business Details
Multi Purpose Convenience Shop for Sale in Wolverhampton, West Midlands
Multi-Purpose Convenience Shop for Sale in Wolverhampton, West Midlands
This well-established convenience store is now available for purchase, situated in a prime location with high foot traffic. The shop has been operational for over 10 years and possesses a solid customer base, contributing to its strong presence in the community.
Key Features
The store offers a diverse selection of products, including fresh produce, snacks, beverages, and essential household items. It is fully equipped with display shelving and refrigeration units, making it an ideal setup for selling perishable goods.
Financial Information
The leasehold price for the business is £90,000, with a current turnover of £48,000. The annual rent is set at £16,800, which supports the shop's operational viability. Financial accounts are available for review.
Additional Information
Offers are invited for this high-turnover business. The shop is strategically positioned adjacent to multiple retailers, enhancing its accessibility and potential for growth.
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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.
Be safe, use a Rightbiz Solicitor
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