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Convenience Store for Sale in Welling London

Welling, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    642591

  • Leasehold: £145,000 (Stock at valuation)
  • Rent: £19,000 (£1,583 per month)
  • Turnover: £416,000 (£8,000 per week)
  • Profit: On request

Key Features

  • On-site ATM facilities
  • Recommended for viewing
  • Secure premises with CCTV
  • Spacious sales area

Business Details

Convenience Store for sale in welling

This well-established convenience store, located in a prime area, boasts a loyal customer base and consistent daily sales. It is fully equipped and ready for immediate operation, presenting an exceptional opportunity for a prospective owner or small business investor. Serious inquiries are welcome from those interested in expanding their business portfolio or stepping into entrepreneurship.

The current owner has successfully operated the store for four years and has witnessed a notable surge in turnover, particularly during the summer months, with sales reaching approximately £13,000. This upward trend enhances the store's appeal as a viable business venture. The asking price for this leasehold opportunity is available upon request, with the current annual turnover recorded at an impressive £416,000.

Key Features and Benefits

The store includes several significant advantages, including on-site ATM facilities that attract additional foot traffic. The premises have been well-maintained and secured with CCTV surveillance for added safety. With a spacious sales area, customers can easily navigate the store while enjoying a pleasant shopping experience. We strongly recommend viewing the site to fully appreciate its potential.

Currently, the business operates with two employees and has not established an online presence, offering a unique opportunity for the new owner to expand its reach through digital marketing strategies. The decision to sell comes solely due to medical reasons, making this a timely opportunity for interested buyers to step in and continue the successful operation of the store.

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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.

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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.

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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.

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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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