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CONFIDENTIAL
FOR SALE
641636
Located on the bustling Oxford High Street, this retail shop has established itself as one of the area’s most attractive destinations since its inception four years ago. With its prime location and vibrant atmosphere, it draws numerous customers, making it a fantastic opportunity for potential buyers looking to enter a thriving retail market.
Being situated on such a prominent street means that foot traffic is consistently high, aided by the close proximity to essential amenities including bus stops and the Westgate Shopping Centre. This enviable location ensures a steady flow of customers looking for unique products and experiences.
In terms of competition, this shop offers an unparalleled value for rent in the Oxford High Street area. Rarely will you find a retail space with such affordability while enjoying the benefits of high visibility and accessibility. Additionally, the business has shown an upward trend in turnover over the past year, further indicating its potential for growth and sustainability.
Included in the sale are essential fixtures and fittings such as shelves, a counter, and a mirror, allowing new owners to seamlessly transition into the business with minimal additional investment. Despite the current owner’s decision to sell, primarily due to plans for a new venture in another city, the foundation laid in this successful business presents an exciting prospect for the next owner.
Business Overview
This leasehold opportunity is currently available for an asking price upon request. The business boasts an impressive annual turnover of £120,000, supported by a competitive yearly rent of £48,000. With two employees assisting in operations, the business has an established online presence, further enhancing its appeal in today’s digital marketplace. While the current owner will not provide training opportunities, the shop’s established systems and customer base offer a solid starting point for someone eager to step in and build on its success.
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
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