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Vape shop for sale in Hockley, Nottingham with potential for development in a central location

Nottingham, Nottinghamshire
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  • Status

    FOR SALE

  • Advert ID

    640580

  • Leasehold: £49,999
  • Rent: £12,000 (£1,000 per month)
  • Turnover: On request
  • Profit: On request

Key Features

    Business Details

    Vape shop in hockley for sale

    An established vape shop is now available for sale, having built a strong reputation over the past two years. Specialising in premium pod kits, nic salts, and reusable vapes, this business has garnered a loyal customer base due to its competitive pricing, positioning it as the leading shop in the area. The sale presents a unique opportunity for prospective buyers looking to enter a thriving market.

    The shop is strategically located in the town centre of Nottingham, Nottinghamshire, benefiting from high foot traffic and visibility. This leasehold venture is listed for £49,999, with an annual rent of £12,000. Importantly, the sale includes all existing stock and fixtures, providing a seamless transition for the new owner.

    The business has seen a consistent increase in turnover over the past year, indicating a robust demand for its offerings. Currently, there is one employee assisting with operations, but the potential for expansion exists, especially if an online presence is developed—a facet currently untapped in the business model. The seller is moving on to a new venture closer to home, making now an ideal time for someone passionate about the vape industry to take the reins.

    In summary, this is not just a retail space; it is an opportunity to step into an established business with growth potential in a burgeoning 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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