Shop unit with rolling lease in bust Tooting Broadway
Tooting, London
- Status
FOR SALE
- Advert ID
656131
- Leasehold: £25,000
- Rent: £33,600 (£2,800 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Shop unit with rolling lease in bust Tooting Broadway
Established since 1948/49, our pet shop has built a strong reputation in the community, providing a wide range of pets and pet supplies. This long-standing business has served generations of customers, making it a beloved fixture in the area.
Strategically located in the bustling Tooting Broadway Market, we benefit from a vibrant environment that attracts foot traffic. This prime location enhances our visibility and accessibility, allowing us to connect with pet lovers and their furry friends effectively.
For potential buyers, the opportunity to acquire this business comes with the flexibility of a rolling lease. The rent is fixed for the next two years, providing financial stability in an ever-evolving market. If the new owner wishes to repurpose the premises, the lease can be transferred, giving complete freedom for future business opportunities.
Business Overview
This pet shop has been the heart of the community for decades. With 25 years of ownership under our belt, we've cultivated a loyal customer base. Many patrons visit not only for our products but also to experience the friendly atmosphere we foster. Our close proximity to Tooting Broadway tube station, just a two-minute walk away, further drives traffic to the shop. The market is teeming with bars, restaurants, and other shops that complement our business and attract a diverse range of customers.
Reason for Sale
The decision to sell arises from a desire for retirement, making way for the next chapter. We are looking for someone who shares our passion for pets and who can continue to nurture this cherished establishment.
Secure Your Future
This is more than just a business; it is an opportunity to step into a well-established shop with a loyal client base and a prime location. Whether you continue as a pet shop or explore new commercial possibilities, this venture promises potential for growth and success.
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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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