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.

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