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Off licence and convenience shop for sale in Southampton, Hampshire

Southampton, Hampshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    639374

  • Leasehold: £125,000 (Stock at valuation)
  • Rent: £13,200 (£1,100 per month)
  • Turnover: £442,000 (£8,500 per week)
  • Profit: On request

Key Features

    Business Details

    Off licence and convenience shop sale in southampton

    Off-License and Convenience Retail Business for Sale

    This established off-license and convenience retail business is now available for sale. With an impressive average weekly sale of £8,500, excluding PayPoint and additional services, this opportunity offers strong financial potential.

    Included in the sale are all fixtures and fittings, ensuring a seamless transition for the new owner. The business has been successfully operating for over 30 years, and the current owner has held the business for the past 5 years. After a recent refurbishment, there has been a notable increase in turnover.

    The business operates on a leasehold basis, with an asking price available upon request. The annual rent is set at £13,200, and the current turnover stands at £442,000, demonstrating robust performance.

    This sale is prompted by personal reasons, making it a unique opportunity for someone looking to enter a well-established market. For anyone interested in fully fitted retail spaces, this business represents a strong investment in the convenience retail sector.

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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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