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Supermarket for sale in Chingford London with loyal customers and valuable fixtures

Chingford, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    653981

  • Leasehold: £950,000 (Stock at valuation)
  • Rent: £50,000 (£4,167 per month)
  • Turnover: £2,400,000 (£46,154 per week)
  • Profit: £350,000 (15% Profit margin)

Key Features

  • Security and surveillance systems
  • Strong customer loyalty
  • Valuable fixtures and equipment included
  • Well presented retail space

Business Details

Supermarket for sale in Chingford London.

Located in the vibrant area of Chingford, London, this supermarket presents an exceptional opportunity for investment. With a well-established presence of 11 years, the business is primed for new ownership, providing a solid foundation for continued success.

The supermarket has not only built a loyal customer base but also enjoys the advantage of nearby amenities, including shops and restaurants, which draw in regular foot traffic. This prime location enhances its appeal, making it a highly sought-after business venture.

Included in the sale are valuable fixtures and equipment, along with a well-presented retail space that is organised to optimise customer experience. The supermarket has garnered a strong reputation for its service quality, further solidifying its position within the community.

The facility is equipped with modern security and surveillance systems, ensuring a safe shopping environment. Furthermore, with a dedicated team of 10 employees, the business operates smoothly and efficiently. To support a seamless transition, the current owners are willing to provide training opportunities for the new proprietors, enabling them to integrate successfully into the business.

Key Features

Among the standout attributes of this supermarket are:

  • Established security and surveillance systems to ensure safety
  • A strong customer loyalty that has been cultivated over years
  • Inclusion of valuable fixtures and equipment in the sale
  • A well-organised and presented shopping environment
  • A respected service reputation that attracts a diverse clientele
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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.

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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.

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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.'.

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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.

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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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