Newly Fitted Convenience Store in North London For Sale

Terrace property, excellent trading position, residential area, NW LONDON

Turnover £ 6,000
Price £120,000

Features

Established 2026 Convenience Store

DOUBLE FRONTED PREMISES in the region of 450 ft² with tiled floor, suspended ceiling with LED Panel lighting, sales counter, cash register, cigarette gantry, modern adjustable shelving, 3 x drinks display fridge (glass fronted upright double-door), open cool display unit (1.9 metres), walls Ice Cream Freezer, CCTV system (8 cameras, 1 monitor).

Small Store room.

Staff Toilet with w.c. and wash hand basin.

Staff Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £7,000 p.w. with a Gross profit of 50% approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing alcohol, etc.

Staff

The business is at present operated by the vendor's family member with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 7am - 11pm

Outside

Rear yard

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 2025 with reviews every 5 years (next review 2030) at a current rent of £32,000 p.a.

Business Rates from April 2026 £8,500 approx. (Please contact local authority to confirm)

The Purchaser is to be responsible for the Landlord's costs.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2026, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£25,000 APPROX.)
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