Leasehold health shop for sale in Colchester Essex with growth potential and new lease available
Colchester, Essex
- Status
FOR SALE
- Advert ID
656192
- Leasehold: £65,000 (Stock at valuation)
- Rent: £17,000 (£1,417 per month)
- Turnover: £243,000 (£4,673 per week)
- Profit: £51,000 (ROI 78.46% • Payback 1.27 years)
Key Features
- Compliance with health regulations
- Contact for enquiries and viewings
- Customer consultations available
- Located in high-traffic area
Business Details
Established Leasehold Health Shop For Sale in Colchester, Essex
TNHS is a well established and successful business sitting in the heart of the busy city centre. The business has been trading from the same premises for over 40 years.
The current owners, having owned the business for 21 years, are now selling due to retirement.
The shop enjoys a prime position in Colchester and benefits from high footfall with a solid customer base.
The business has continued to trade very well throughout periods of economic upheaval.
We believe there is opportunity for prospective buyers to further develop this business.
It is our understanding that the landlords are prepared to negotiate a lower yearly rental along with a new leasehold agreement.
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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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