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Household and hardware store for sale in affluent Central London leasehold opportunity

Undisclosed, London

CONFIDENTIAL

  • Leasehold: £100,000 (Stock at valuation)
  • Rent: £95,000 (£7,917 per month)
  • Turnover: £520,000 (£10,000 per week)
  • Profit: Not Applicable

Key Features

  • Home improvement tools
  • Retail location in shopping area
  • Retail space for lease
  • Retail space with electric shutters

Business Details

HOUSEHOLD AND HARDWARE STORE FOR SALE IN AFFLUENTIAL AREA IN CENTRAL LONDON (LEASEHOLD)

HORIZON PROPERTY GROUP PRESENTS

HOUSEHOLD & HARDWARE STORE FOR SALE
Location: Central London - London
 Weekly Turnover: £10,000 PW  
 Gross Profit Margin: 60% 
 Rent: £95,000 PA VAT

 Tenure: Commercial Leasehold 
- Lease: 10 Years Renewable Lease
 Shop Timings: 9:00am-17:30pm
 Business Rates: TBC

 Asking Price: £100,000 SAV
“Agency Fixed Fee Applied”

Enquiries and Viewings Contact:
Gaganpreet Chopra: 07833 444429
Harveen Chopra: 07462 946237
Office Telephone: 020 3059 4593
Email: [email protected]

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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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