FOR SALE
643834
Go Local Wallasey / Rightbiz
Go Local Wallasey Convenience Store
Leasehold: Asking Price £80,000 Rent £850 per month for lock up.
At a Glance
Weekly sales circa £4,500 plus excl. services
(Only been open 3 weeks anticipating sale goes to £10k within 12 weeks)
FREE Parking to the front and opposite the store
Relied upon by the local community
Based in a huge residential area
Amongst a busy shopping parade
Energy Rating D
A leasehold convenience store located upon a busy road.
A rare opportunity to acquire a newly renovated to the highest standards off licence and convenience store.
Current owner is looking to move out of the city.
This site has storage at the back. The site is staffed time therefore it has huge potential to increase sales with onsite management.
This would be ideal as a family run store, or it would suit a hand’s on multi store operator.
Location
This property is on a busy road in Wallasey. The site benefits from being surrounded by a huge residential area and based in an extremely busy shopping parade with lots of locals and passing traffic. The shop has potential to do so much better as the current owner has been forced to step back due to other business commitments and moving out of the city. Located in a pleasant area.
Internal Details
The store is equipped with all required chillers, freezers, shelving and gondolas & renovated to the highest standards. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, frozen, ice creams and general items of convenience. This business has a potential to increase sales by increasing hours. Currently opens at 8am – 10pm but should open at 7am – 11pm. Licence is 7am – 11pm. Current sales are around £4,500 per week excluding services such as Lottery & PayPoint which have been applied for and we are waiting for their arrival. Parcel services also applied for.
External Details
The business benefits from having free parking across the road to the store for customers.
Fixtures & Fittings
We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
The Opportunity
This local convenience store is relied upon by the local community. The potential is huge as it has everything a business needs except for the will and power to push the business from strength to strength due to other commitments.Â
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Trading Information
Trading information shows average weekly sale of circa £4,500 plus per week excluding services.
Trading Hours
Monday to Sunday 08:00 – 22:00 (Alcohol license is 08:00 – 23:00)
Regulatory
Premises Licensed
Business Rates
The current owner has advised that the store benefits from some small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.
Viewing
No direct approach may be made to the property. For an appointment to view please contact the agent.
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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.
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
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