LONG ESTABLISHED ELECTRICAL SALES & REPAIR BUSINESS – RETIREMENT SALE

Wood Green N22 London

LONG-ESTABLISHED ELECTRICAL SALES & REPAIR BUSINESS – RETIREMENT SALE

An excellent opportunity to acquire a long-established retail electrical sales and repair business located in the N22 area of North London.

Established for over 34 years, the business has built up a longstanding local presence and established customer base and is now being offered for sale due to retirement.

Asking Price: £49,000

The sale includes the established retail business together with existing retail stock, fixtures, fittings and furniture, an established customer base, and an agreed handover and transition period.

With stock, fixtures and fittings already in place and an established customer base, this offers an incoming purchaser the opportunity to take over an existing trading operation and begin trading immediately following completion and the necessary premises arrangements.

The existing traders are happy to provide a reasonable handover period, introducing the incoming purchaser to established customers, familiarise them with the day-to-day operation of the business and sharing the benefit of over 34 years’ experience, including guidance on established product lines and stock requirements, to help provide a smooth transition.

The business currently trades from a busy and established commercial location in the N22 area of North London.

Current rent: £440 plus  VAT per week.

The business operates from premises with straightforward lease arrangements. Further details are available to genuinely interested parties, with any future occupation subject to the usual landlord approval.

This represents an attractive opportunity for an existing electrical retailer, repair operator or someone wishing to acquire an established retail business with stock, fixtures and fittings already in place and the benefit of an experienced handover.

Viewings strictly by appointment through Property Hub.

Disclaimer:

Property Hub does make sure the details are given in the property particular and the advertisement are as accurate as possible, however, we urge the buyer or associated parties come to know about any details that are not correct, wrong, or inaccurate including photos and description please let our agency know as soon as possible. Property Hub will not warranty or guarantee the appliance, chattels, or fixture and fitting that may come with property sales. The properties are generally sold as seen, however, we strongly suggest the buyer/seller observe and check the property fixture & fitting Forms (TA10), along with the property information Form (TA06) as well as the Leasehold Information Form (TA07). This property advertisement does not constitute property particulars, your conveyancer should check the papers of the sale, title, and other property-related matters thoroughly and advise you before you exchange the property and complete the sale.. We strongly suggest you should conduct the full survey of the property to secure your best interest and the surveyor must be a member of the Royal Institute of Charter Surveyors (RICS). * While renting a commercial property through our agency you may be liable to pay agency fees, please check with our office in advance to avoid disappointment.