Convenience Store and Household Goods Shop in North London For Sale

Situated in a parade, residential area with school nearby, sought after NW LONDON

Turnover £ 6,000
Price £120,000

Features

Convenience Store Confectionery, Tobacco, Soft Drinks & Household Goods

ATTRACTIVE SALES SHOP with 3 windows. We understand the shop has recently been refurbished. Sales area in the region of 500 sq. ft. laminated strip floor, ceiling with LED lighting, 1-3.75m open cool display unit, 1-1.2m open cool display unit, 1 single door glass fronted display fridge, 1-1.5m open cool display unit, 2 ice cream deep freezers, double door freezer, counter, electronic cash register etc.

Small stockroom with freezer.

Staff w.c. & wash hand basin.

Turnover

WE ARE INFORMED the turnover averages £5,000/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by the vendor's relative and 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 7 a.m. - 11 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £24,000 p.a.

Business Rates from April 2026 £9,000 approx. (Please contact local authority to confirm)

The Purchaser is to be responsible for the Landlord's costs and the Landlord will NOT allow the sale of alcohol at this premises.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote