Convenience Store plus Fruit and Greens Shop in Hampstead For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, HAMPSTEAD, LONDON, NW3.

Turnover £ 6,000
Price £180,000

Features

Convenience Store with Confectionary, Vapes and Household Goods Huge Potential To Introduce Fruit, Vegetables and Off Licence

DOUBLE FRONTED PREMISES, in the region of 800 ft², WITH ELECTRIC SHUTTERS, CCTV (16 cameras), Laminate flooring, plasterboard ceiling with LED lighting.

Electric cash register, 2 large ice cream freezers, 4 double door fridges, 1m open chiller, shelving and staging.

Stairs to BASEMENT PREMISES in the region of 1,075 ft², used for storage
Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. - £7,000 p.w. with a Gross profit of 100% approx.

Staff

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

Trading Hours

7 Day week
24 / 7

Outside

Yard with parking to rear and loading bay.

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 2023 with reviews every 5 years (next review 2028) at a current rent of £40,000 p.a. + VAT

Business Rates from April 2026 £14,000 approx. (Please contact local authority to confirm)


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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote