FOR SALE
647645
This well-presented convenience store in Hastings, East Sussex, is now available for sale, offering an ideal investment opportunity for aspiring entrepreneurs or those looking to expand their portfolio. With a spacious 2,500 square feet retail area, the shop features a modern aesthetic, boasting a tiled floor and LED ceiling that create an inviting shopping atmosphere. The premises is equipped with an automatic door and internal shutter, ensuring security and ease of access for customers.
The store includes three open chillers, one three-door chiller, one three-door freezer, and two chest freezers, providing ample space to stock a diverse range of products. Its extensive inventory features groceries, snacks, beverages, and household items catering to the everyday needs of the local community. The strategically chosen location, situated in a bustling area with high foot traffic, ensures a steady stream of customers, contributing to its established reputation and customer loyalty.
The shop's well-organised layout, featuring clearly marked sections for ease of navigation, further enhances the shopping experience. The current owners have noted a positive trend, with an increase in turnover over the past year, underscoring the store's potential for continued growth and expansion. With one part-time employee in place, the convenience store operates efficiently while providing opportunities for further development through strategic marketing initiatives.
Key Features and Benefits
The leasehold for the business is priced at £80,000, with a current turnover of £260,000. The annual rent stands at £20,000, offering an attractive return on investment. Some of the notable features of this convenience store include:
The current owner has decided to sell the business as they look to wind up operations and return home permanently. This opportunity presents a unique chance to take over a well-established convenience store with a strong foundation and numerous avenues for growth. Open daily, the store enjoys consistent patronage and is poised for future success.
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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