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CONFIDENTIAL
FOR SALE
649223
Established in 1997, this charming retail shop and tea room has become a staple in the vibrant community of East Grinstead, West Sussex. With over 30 years of dedicated ownership, the current proprietor is now seeking to pass the baton due to retirement. This presents a unique opportunity for potential buyers to take over a thriving business in a prime location.
Situated on the village high street, the shop benefits greatly from its proximity to a variety of local amenities, including a Co-operative, hairdressers, barbers, and independent traders. Such a bustling environment not only enhances foot traffic but also contributes to a loyal customer base, creating a welcoming atmosphere for both locals and visitors alike.
The business offers a leasehold opportunity, with the annual rent set at £22,000. All equipment necessary to operate the tea room and retail shop is included in the sale, making for a seamless transition for new owners. Furthermore, the business is eligible for small business rate relief, which can provide significant savings and enhance profitability.
Support for New Owners
Prospective buyers will appreciate the support available during the transition. The current owner is committed to providing ongoing training and assistance, ensuring that new proprietors feel confident in their ability to manage the business successfully. This includes sharing vital knowledge about its operations as well as local contacts and customers.
This established, independent business not only has goodwill but also offers a solid foundation for future growth and expansion. With an established presence and a loyal customer base, new owners can build upon existing successes while exploring new avenues for profitability.
As the business does not currently have an online presence, there exists ample opportunity to tap into the digital market, potentially expanding the customer reach even further. This could provide an exciting avenue for growth, making the business even more appealing to prospective buyers.
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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