Polish shop for sale in Kings Cross London with loyal customer base and growth opportunities
Kings Cross, London
- Status
FOR SALE
- Advert ID
642597
- Leasehold: £40,000
- Rent: £21,360 (£1,780 per month)
- Turnover: £324,000 (£6,231 per week)
- Profit: On request
Key Features
- Reliable team of staff
- Retail shop for sale
- Additional rental income opportunities
- Equipment included in sale
Business Details
Polish shop
This well-established convenience store, located in the bustling area of Kings Cross, London, boasts an impressive 13 years in business, cultivating a loyal customer base. With a current turnover of £324,000, this opportunity is priced at £40000 for the leasehold, with an annual rent set at £21,360. All stock is included in the sale, making this an attractive proposition for aspiring entrepreneurs or seasoned business owners looking to expand.
The store is surrounded by various amenities, including shops and restaurants, enhancing foot traffic and customer attraction. Notably, the area faces little to no competition, allowing this convenience store to thrive and maintain its stronghold in the community. The existing fixtures and fittings essential for operation are included in the sale, providing an immediate setup for the new owner.
With only two dedicated employees supporting the business, the current owner has successfully managed operations while ensuring a high standard of service. Their extensive experience and commitment to the shop’s success have contributed significantly to its positive reputation, reflected in favourable customer reviews.
Key Features of the Business
The convenience store presents numerous advantages for potential buyers, including:
- Additional rental income opportunities
- State-of-the-art equipment included in the sale
- An established customer base with a long-standing history of trading
- Support from experienced staff
- A genuine reason for sale, providing transparency
- A new lease agreement available for the buyer
- Prime location on a main street, maximising visibility
- The potential for increased revenue through new initiatives
Viewings of this opportunity are available by appointment only.
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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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