Well Known Convenience Store for Sale in Great Malvern Worcestershire
Great Malvern, Worcestershire
- Status
SOLD
- Advert ID
642640
- Reference
Malvern Conv 1225 / Rightbiz
- Call Agent:
- Leasehold: £24,950 (Stock at valuation)
- Rent: £10,000 (£833 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: On request
Key Features
- Operating hours and schedules
- Opportunities for increased profitability
- Opportunities for service diversification
- Opportunities for tourism engagement
Business Details
Well Known Convenience Store for Sale in Malvern Worcestershire
The business is well established and has been successfully run by our client for the past 4 years The current owner has worked tirelessly to transform the business into what it is today, with a growing turnover of around £4000 per week on average.
The current rent amounts to £10000 pa with zero rates.
The principal business activities are, Groceries, Chilled Foods, Tobacco, Confectionery and Alcohol.
The business currently opens 7 days a week and enjoys a steady flow of customers i.e. residents, lunch time trade from businesses and the busy tourist trade. The business also benefits from ample parking within the local town.
Scope for further growth could include introducing sales of other product lines, along with extended opening hours. i.e. open later for night time trade especially for alcohol and tobacco
The business reluctantly comes to the market due to our client’s wish for business diversification. We strongly recommend the business to be owner run to maximise profits.
Premises Details: The business proudly sits on a central position within a parade of complimentary shops. The open plan retail area of the store is covered by means of laminated flooring, shelving is to the perimeter walls, the retail area houses all the necessary fixtures and fitting to run the business, including Fridges, Fridges, Air Conditioning and CCTV.
The Store is extremely well presented, allowing customers easy access to the amply stocked shelves. The retail area is extremely well lit with an array of LED lights allowing a bright and welcoming atmosphere. Within the retail area of the shop is a counter server housing an electronic cash (EPOS SYSTEM)
To the rear of the shop is a washroom. The business is currently run by 1full time and 1part timer
Trading Hours: The business currently observes the following opening hours: Monday to Saturday 7 am to 10 pm, Sunday 10am-4pm?
Lease Terms: We are advised the business is Leasehold with. A new lease available.
Reason for selling this business: The business reluctantly comes to the market due to our client’s Business Diversifications
Furniture, fixtures and fittings are included in the sale Stock at Valuation
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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.
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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.
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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.
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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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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.'.
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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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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
Contact seller
This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.
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.
Be safe, use a Rightbiz Solicitor
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