CONFIDENTIAL
FOR SALE
637008
MEIG11 / Rightbiz
An outstanding chance to acquire a fully fitted, modern supermarket & Off-Licence located in a busy residential hub in Barking, East London. Surrounded by new-build housing 🏘️, schools 🏫, and a growing local population 👨👩👧👦, the store enjoys strong daily footfall 🚶 and steady weekly revenue 💷.
✨ Business Highlights
💰 Rent: £55,000 p.a. (discounted to £40,000 for first 3 years)
📈 Rent Review: Every 5 years (next due in approx. 4 years)
🏛️ Business Rates (RV £47,250): Approx. £14,175 p.a. (after 40% retail relief)
💵 Weekly Turnover: £16,000 – £17,000
🕖 Operating Hours: 07:00am – 11:00pm (7 days a week)
👥 Staffing: 2 full-time, 1 part-time
📜 Lease: 19 years remaining (renewable)
⚡ Electricity: £1,500/month
💧 Water: £50/month
📦 Stock: Approx. £100,000
💸 Premium: £220,000 (plus stock at valuation)
🛠️ Service Charge: £3,500 p.a.
📌 Additional Services
📦 Parcel Handling
💳 Pay-Point
🎟️ Lottery (application in progress)
🚇 Oyster Top-Up (not yet applied – income potential)
📏 Shop Size
🏢 2,540 sq ft of trading space
📍 Location & Growth Potential
Situated in a well-connected, regenerating area of Barking, the store is within walking distance of:
🚇 Underground
🚆 Overground
🚄 National Rail
The area continues to attract young professionals and families, ensuring a strong, loyal customer base and long-term growth potential.
✅ Summary
This is a turnkey opportunity for an experienced operator or investor seeking a profitable, well-positioned retail business with excellent growth prospects 📊.
Enquiries & Viewings:
If you would like to enquire or book an appointment please contact us:
| Sivi Babbar | 07865974908 | | [email protected]
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Established Supermarket & Off Licence – High Footfall Area, Barking - MEIG11 / Rightbiz' 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.