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Convenience store for sale in Watford with low annual rent and no business rates available.

Watford, Hertfordshire

CONFIDENTIAL

  • Leasehold: £65,000
  • Rent: £9,000 (£750 per month)
  • Turnover: £265,000 (£5,096 per week)
  • Profit: Not Applicable

Business Details

Convenience Store for Sale � Watford, WD Area � �65,000

Excellent Opportunity to Acquire a Fully Fitted Convenience Store

Unity Commercial Property Group is pleased to offer this established convenience store business for sale in the Watford area.

The business is currently operated by staff and offers an excellent opportunity for an owner-operator or an experienced retailer looking to expand their portfolio.

The premises benefit from existing retail shelving, display refrigeration, counters and fittings, allowing an incoming purchaser to take over an already fitted retail operation.

Business Details

Asking Price: £65,000

Weekly Sales: Approximately £4,500–£5,500

Annual Rent: £9,000 (£750 per month)

Business Rates: £0, as advised by the seller

Electricity: Approximately £400 per month

Staffing: Currently staff-operated

Key Features

Fully fitted convenience store

Existing shelving and refrigerated display units

Low annual rental commitment

No business rates currently payable, as advised

Currently operated by staff

Suitable for an owner-operator or experienced retailer

Opportunity to improve profitability through hands-on management

Existing retail layout suitable for groceries, snacks, drinks and everyday essentials

Business Potential

The store presents an opportunity for a hands-on owner to take direct control of day-to-day operations, review staffing expenditure, improve stock management and explore opportunities to increase sales.

With an annual rent of just £9,000 and reported weekly sales of £4,500–£5,500, the business may appeal to buyers seeking an affordable entry into convenience retailing.

Asking Price: £65,000

For further information or to arrange a viewing, please contact:

Unity Commercial Property Group

Telephone: 07922 277798
Email: [email protected]

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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.

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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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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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The data showed regarding this advert 'Convenience Store for Sale � Watford, WD Area � �65,000 - WD650 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.