Convenience Store and Gift Shop in Central London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 5,750
Price 1,000,000

Features

Virtually Freehold Grocery, Souvenir and Gift Shop

SINGLE FRONTED, AIR CONDITIONED, PREMISES, in the region of 525 ft², WITH ELECTRIC SHUTTERS, CCTV (16 cameras), Tiled flooring, suspended ceiling and LED light panels.

Sales counter, touch screen cash register, 3m display chiller, slat wall with adjustable shelving.

Stairs to BASEMENT, in the region of 650 ft² used for storage.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. - £6,000 p.w. with a Gross profit of 50% approx.

Staff

The business is at present operated by the staff with 2 full time staff employed.

Trading Hours

24 / 7

Outside

Yard.

Tenure

Long Leasehold of 999 years from 2018, with no rent payable.

This was purchased on a virtual freehold in July 2025, with about 992 years left. Zero rent.

Business Rates from April 2026 £20,000 approx. (Please contact local authority to confirm)

Price

OFFERS INVITED FOR THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS IN EXCESS OF £1,000,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 700,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote