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Seaside general store for sale in Frinton on Sea Essex with rental income potential

Frinton on Sea, Essex

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    641809

  • Asking Price: £350,000
  • Turnover: On request
  • Profit: On request

Business Details

Seaside General store for sale in Frinton on Sea

Discover a fantastic opportunity to acquire a well-established business in one of Essex's most charming coastal towns. This leasehold home store, a staple in the community for over 25 years, enjoys a loyal customer base and a strong reputation among locals.

The shop boasts impressive annual turnover, particularly during the summer months when beachgoers flock to the area, drawn by the store’s selection of seasonal products and toys. This thriving business is ideally situated just a stone's throw from the beach, providing convenience for both residents and visitors alike.

The premises feature a spacious double-fronted shop, complemented by ample storage areas and a garage at the rear, ensuring easy access and functionality. Additionally, it includes a two-bedroom maisonette and a small annex flat, both currently rented out, providing an excellent opportunity for supplementary income. A lovely roof terrace adds to the appeal of the property, making it not just a business venture but a potential lifestyle change.

Product Range and Store Features

This general store stocks an extensive array of everyday household items, including hardware, toiletries, and toys, catering to the needs of the local community and tourists alike. It has become a go-to destination for many, enhancing its profitability and community presence.

Reason for Sale

The sale is prompted by the owner's retirement and health issues, making this a chance for someone new to step into a well-established business within a picturesque setting. The asking price for this unique opportunity is £350,000, and all stock is included in the sale.

If you're interested in learning more about this seaside general store in Frinton on Sea, please feel free to get in touch for further details and to discuss the location.

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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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