Antiques retailer for sale in Hythe, Kent with a five-bedroom flat above for rental income.
Hythe, Kent
- Status
FOR SALE
- Advert ID
655291
- Reference
M3279 / Rightbiz
- Call Agent:
- Leasehold: £275,000
- Rent: £10,000 (£833 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: £150,000 (42% Profit margin)
Key Features
- Affordable rent and expenses
- Established and reputable brand
- Established antique furniture shop
- Established business reputation
Business Details
ESTABLISHED ANTIQUES & COLLECTABLES RETAILER – FOR SALE – HYTHE AREA, KENT
ESTABLISHED ANTIQUES & COLLECTABLES RETAILER – FOR SALE – HYTHE AREA, KENT
TURNOVER £7,000 PER WEEK – NET PROFIT APPROX. £150,000 PER ANNUM
SALE PRICE INCLUDES £220,000–£240,000 WORTH OF STOCK
HUGE FIVE BEDROOM FLAT ABOVE – IDEAL FOR SUBLET INCOME (£1,600 PCM)
EFFECTIVE ZERO RENT POSITION – NIL BUSINESS RATES
REF: M3279
HYTHE AREA, KENT – £275,000 LEASEHOLD INC STOCK
(PRICE INCLUDES STOCK – IN EFFECT THE BUSINESS IS ALMOST FOR FREE)
• TURNOVER £7,000 PER WEEK
• RENT JUST £10,000 PER ANNUM
• NIL RATES TO PAY
• NET PROFIT £150,000 PER ANNUM
• FIVE BEDROOM FLAT ABOVE
• 14 YEAR LEASE (4 REMAIN)
• 2 x PRIVATE PARKING SPACES TO REAR
Viewing Arrangements:
By prior appointment with PPS on 01702 667 111 / 020 3627 1110.
Due to unannounced contact, our vendors request confidentiality, and as such, PPS do not advertise business addresses online.
In the event you wish to receive further information regarding any of our businesses, contact us via this advert, our websites, or any one of our offices.
#antiquesbealersforsale #antiquesbealersinhytheforsale #collectablesretailerforsale
#sellmybusiness #whatsmybusinessworth #businesssales #valuemybusiness
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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.
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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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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
Contact seller
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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