London based store sold

Located on a prominent corner position in a densely populated area within Raynes Park, London, N + K Stores benefits from a regular customer base and passing trade from the main road in which it is situated whereas the Local park and train station also generate a high level of footfall.

The Shop offers a wide range of newspapers, magazines, alcoholic beverages and other general convenience goods and was operated by our client with the assistance of a part time member of staff. The business opportunity presents excellent scope for increasing the stores’ product range with items such as hot food and drinks which could increase turnover. The business also benefits from an alcohol licence which means operating hours could be increased to 11pm.

The main shop floor has a range of freestanding and wall mounted display units for general convenience goods. There are a number of refrigerators and freezers for chilled and frozen foods respectively. The business also benefits from a large store room at the rear of the shop. There is also a kitchen area and a WC at the rear of the premises.

The business was offered for sale due to our clients’ willingness to pursue other business interests and was acquired just 8 months after entering the market by a private buyer. Samantha Wright of Knightsbridge Business Sales negotiated the deal on the clients’ behalf and wishes both parties luck for the future.

Knightsbridge Business Sales Ltd announce the successful sale of Body & Soul UK Ltd in the West Midlands

Offering a wide and diverse range of skin and beauty treatments, together with sports massages, this exquisite business has maintained strong growth and undergone extensive refurbishment. 

The business offers beauty therapy, cosmetic beauty treatments, sports massage, waxing, tinting, massages, facials, manicures, pedicures, non surgical face lifts, skin peels, medical microdermabrasion, IPL hair removal, IPL skin rejuvenation, IPL acne & rosacea treatments, skin pigmentation and thread vein treatments.

Having recently been established, our clients took the decision to market the business for sale in order to concentrate on other business interests, and after only six months the business was sold in January 2014 to new owners having received significant interest. 

Knightsbridge Office Manager Gemma Moss who handled the sale commented, “this excellent opportunity attracted incredible levels of interest and it was no surprise that our client has sold the business within six months of coming to the market. I understand our clients are now looking to purchase a new business in a different sector and I would like to wish them the best of luck with their new venture.”

Knightsbridge announces sale of The Crescent Café

Established for over 13 years, The Crescent Café in Coventry worked hard to institute itself as a friendly eatery offering fresh traditional foods at competitive prices. The business has an extensive menu including hot and cold foods, snacks, hot and cold drinks, a children’s menu, weekly changing specials and a buffet service.

Situated on Jubilee Crescent, one of Coventry’s busiest areas outside of the City centre, the businesses ideal location opposite a number of bus stops and nearby free ample parking means that the café has become very popular with many regular customers ranging from shoppers, traders within the parade and OAP’s wishing to take advantage of the special OAP rates in which it offers.

Occupying leasehold premises that are approximately 500 sq ft; the business is accessed by a single entry point leading to main eating area with 40 covers.  There is a small counter area with kitchen situated directly behind, WC and storage facilities. To the front the business is a liveried canopy providing shelter and additional covers and to the rear owners parking. Above the business is a 2 bedroom flat which is currently rented out for additional income.

The deal was negotiated by Samantha Wright of Knightsbridge Business Sales and was placed on the market as our client wished to pursue other business interests. After receiving 20 viewings and 6 offers, a deal was completed in January 2014 with private buyer Mr Capozzi who wishes to develop the business and run it himself.

Well established Beauty Salon sold

Body & Soul a well established Beauty Salon and Skin Clinic based in Sutton Coldfield, was sold in a deal competed by Knightsbridge business sales in February 2014, less than 10 months after being offered to the market.

Boasting a high-end client base, Body & Soul offers a wide and diverse range of skin and beauty treatments together with sports massage. Established by our clients, and still in its infancy, the business has quickly evolved and sustained excellent growth through the personal first class service offered within exquisite surroundings. Based in this very affluent area, the premises have benefitted from a complete program of refurbishment to a very high standard with quality fixtures and fittings throughout.

The business was offered to the market in order to enable our clients to concentrate on their other business ventures.

The acquirer, trade buyer Cosmetic Care Ltd, purchased the business in order to expand their current operations.

Knightsbridge Business Sales Ltd’s Gemma Moss who assisted with the negotiations to secure a deal wished our client Jonathan the best of luck with his new ventures.

Knightsbridge announces successful sale of Newsagents

Established for over 50 years, the business has been under ownership of our clients since 1986 and is situated in the heart of a large housing estate, enjoying little competition and a constant and heavy foot flow. Increases in turnover have been achieved through a substantial scheme of refurbishment undertaken by our client which saw large sums invested into the premises. Offering a range of goods including tobacco, alcohol, confectionery, general groceries as well as lottery and Payzone facilities, the business also has 10 morning and 10 afternoon delivery rounds to the local community with a news bill value of approximately £1,500 per week.

Located on a small parade of complementary businesses, the surrounding area is comprised of residential properties whilst the road immediately in front of the business is a main thoroughfare for the estate and so sees large volumes of traffic throughout the day whilst unrestricted car parking can be found on the surrounding streets.

The business also consists of accommodation consisting of a kitchen, cinema room, two lounges, four bedrooms and a bathroom as well as two garages and an enclosed garden with a patio and decking area. There also is scope to further facilitate turnover by extending the range of product lines in the store and the potential to increase trading hours.

The business received 39 viewings and 12 offers before finally being sold to a private buyer, who wishes to retain all staff, in a £265,000 deal which was negotiated by Gemma Moss of Knightsbridge Business Sales.