Extremely busy discount general store for sale in North Shields, North East England
North Shields, Tyne and Wear
- Status
FOR SALE
- Advert ID
653603
- Leasehold: £250,000 (Stock at valuation)
- Rent: £25,200 (£2,100 per month)
- Turnover: £898,924 (£17,287 per week)
- Profit: £141,891 (16% Profit margin)
Key Features
- Adjustable shelving units
- Comprehensive security system
- Versatile product range
- Early viewing recommended
Business Details
Extremely busy discount general store for sale in North Shields, North East England
ONCE IN A LIFETIME BUSINESS OPPORTUNITY!
We are delighted to bring our very successful family business to the market at a valuation of £250,000 plus stock at valuation, presenting an amazing opportunity to acquire an established and well-supported local business with a large online presence.
Rent at £25200 per annum INCLUDES service charge & VAT.
Due to the level of interest received, we have set a deadline for first-round offers, which must be submitted no later than close of business on Friday, 31st July. While offers received after this date may still be considered, we cannot guarantee their inclusion in the initial review process.
Our preference is to work with buyers who are in a position to complete the acquisition within three months OR SOONER, allowing for a smooth and efficient transition. We will be fully available throughout the pre-completion period to support the handover and help out via telephone support after completion to ensure the continued success of the business under new ownership.
The sale includes all shop fixtures and fittings, providing a fully operational business from day one. For entrepreneurs considering a new venture, the cost, time, and effort required to establish a comparable operation from scratch would be substantial. By acquiring this established business, you benefit immediately from an existing customer base, operational infrastructure, and market presence.
This is a rare opportunity to purchase a fantastic local business with proven foundations and excellent potential for future expansion.
For further information or to discuss the opportunity in more detail, please do not hesitate to get in touch.
SERIOUS ENQUIRIES ONLY. NO TIMEWASTERS PLEASE, THIS IS AN INCREDIBLE OPPORTUNITY!
Ryan
07467819844
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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.
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