Buying a retail business


Buying a retail business

Location

 

Not only are we the experts in this form of commercial mortgage but we offer a free assessment of your freehold value, what you should offer and what we can raise for you.  

With current uncertainty in the commercial real-estate market there’s never been a better time to make an offer and secure your freehold.

Read more about location

Freehold or Leasehold
Property options 

There are advantages and disadvantages associated with both freehold and leasehold purchases. 

Funding is available for each, contact us to discuss your options

Find out more about freehold and leasehold funding

What’s the business worth?
Accounts | Stock | Location

You need to understand exactly what you are getting, a business is about making money – not just the location. So check the accounts carefully.  Stock is only worth taking over if it’s going to sell so look at delivery dates and identify non-selling lines.  

Get some help

Getting the finance
Mortgages & Loans 

Once you’ve identified the perfect business it’s time to sort the funding.  Your Acorn finance expert can help with every aspect of your finance requirement be it a freehold business mortgage or a loan for a lease.

Fund your retail business.


Funding your shop purchase


Your shop business – funded!
Business loans and commercial mortgages

As one of the UK’s leading brokers for small business, your Acorn finance expert is the perfect guide to funding your shop purchase.

We’ll work with you to ensure you’re paying the right amount for the business and that there’s enough funding to cover the stock and all the fees.

With current uncertainty in the commercial real-estate market there’s never been a better time to purchase your perfect retail business at the perfect price.

Book a consultation now

Contact us
Property options 

There are advantages and disadvantages associated with both freehold and leasehold purchases. 

Funding is available for each, contact us to discuss your options


The price is right!


Your shop for the right price
Understanding what you’re getting

Only by knowing exactly what you’re getting will you be able to negotiate the right price.  The value of any business is primarily based on it’s money-making ability.  So the first port of call will be the accounts, see what the net profit and the EBITDA look like and identify areas to save money. 

Next is the premises, are you buying the freehold or a lease?

Freehold values vary according to the property type and the location, Leasehold shop values are very dependent on the length and the terms of the lease so you’ll need to understand exactly what you’re getting.

Finally check the additional costs, especially the stock as that’s normally on top of the purchase price.  

Get started with your purchase


Freehold shop or lease?


To buy or to lease?
Freehold mortgage or leasehold loan?

Why should you look at buying a freehold business rather than saving a lot of cash and buying a lease?

A freehold business includes the property, the “bricks and mortar” that you’ll be trading from.  A commercial mortgage can be secured on the property (a lease is typically not considered suitable loan security). This allows you to borrow over a longer term, with lower monthly payments than typical lease rental payments.

You might need less deposit than you expect, as the best lenders in the market will lend more with the security of property in the background.

The lending on a leasehold shop will also depend on the remaining term of the lease – you’ll always want to know this and the rent review dates.

Apply now


Location, Location, Location!

Getting the right location
Expensive high street or low footfall secondary location?

Picking the perfect business in the right spot isn’t always easy.

Although opening a coffee shop next to a Costa might seem madness an area which draws coffee lovers might be better than somewhere totally unopposed.

Rents or property prices will be much higher on the high street but so will footfall.

 

 

Apply now



Contact us


The Acorn.finance FUNDED process

To ensure every Acorn.finance customer gets the same access to the very best funding sources we’ve developed a 6 step sequence that we’ll work through with you to ensure you get the funding you need, for both now and for the future of your business.

F – Facts – before we start it’s important for all the business facts, financials and background to be available. 

U – Understanding – only by understanding you and your business will the solution be the best for your growth plan.

N – Needs – by fully understanding your plans we’ll work with funders who will meet your needs both now and for the future.

D – Discuss – working with our panel of the best funders in the market we’ll work through your case with them to ensure they understand your needs in detail.

E – Execute – by using Acorn.finance to arrange your funding you save hours of time spent on calls and applications. We work with the finance company to streamline every finance case.

D – Deliver – we work hard with all the professionals involved to ensure you get the funding you need, in good time.


Scroll to top