Featured Brokers
CONFIDENTIAL
FOR SALE
643507
We are pleased to present a high-potential convenience store for sale in Washington, Tyne and Wear. This fully operational retail space offers an excellent opportunity for both first-time buyers and seasoned investors looking to capitalise on an established business with significant income potential.
The convenience store features a spacious storage room, optimally designed for efficient space utilisation, along with a dedicated bin area for waste management. Constructed with solid block walls, the store boasts durability, ensuring longevity for your investment. Additionally, the ceiling fixtures are ready for the installation of lighting or ventilation, providing a clean and empty space that is primed for customisation and inventory setup.
Prime Location and Local Amenities
Situated in an area with easy access to various amenities, including nearby schools, care homes, and clubs, the store benefits from a steady flow of potential customers. Its location is perfect for attracting foot traffic and serving the local community. The store’s proximity to these facilities enhances its appeal, making it an attractive destination for shoppers.
Comprehensive Offerings
This leasehold opportunity is available at an asking price upon request, with a current turnover of £468,000 and an annual rent of £20,000. The store comes with free on-street parking, making it convenient for customers. It is fully fitted and operational, meeting high-quality standards, and includes all necessary inventory and fixtures, which are included in the price. The internal storage access ensures that operations run smoothly, further enhancing efficiency.
With all these features combined, this convenience store represents a remarkable investment opportunity. Whether you're looking to step into retail for the first time or expand your portfolio, this business promises immediate income potential and the ability to thrive in a supportive community.
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
Get Solicitor
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