Freehold Hardware and DIY Store for Sale in London with 1000 ft² Premises
Undisclosed, London
- Status
FOR SALE
- Advert ID
651753
- Reference
M5910 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- or
- Freehold: £500,000
- Turnover: £182,000 (£3,500 per week)
- Profit: Not Applicable
Business Details
Freehold Hardware Diy Household Store for Sale
WE ARE INFORMED by the owner the turnover currently averages £3,500 - £4,000 per week with a Gross profit of 65% approx.WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
DHL & UPS PARCEL SERVICE £50 per week approx. FEATURES:
6 DAYS OPENING
FORECOURT FOR DISPLAYING GOODS
DOUBLE FRONTED PREMISES in the region of 1,000 ft² WITH SHUTTERS, lino floor, suspended ceiling with fluorescent lighting, sales counter, cash register, modern adjustable shelving, 3 x key cutting machines, CCTV system (6 cameras, 1 monitor).
Staff Toilet with w.c. and wash hand basin..
Kitchen.
Lower ground floor in the region of 450 ft², used for storage purposes ACCOMMODATION:
Included is the long leases on 2 flats, 1 has 150 years other is 70 years unexpired. PRICE:
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively,
TO INCLUDE THE FREEHOLD, GOODWILL, FIXTURES & FITTINGS £500,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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