Vape and Gift Shop in Central London For Sale

Situated in a Parade, excellent trading position, residential area, WEST LONDON

Turnover £ 3,000
Price £40,000

Features

London Gift Shop with Vapes

DOUBLE FRONTED PREMISES, in the region of 500 ft², CCTV (8 cameras), Tiled flooring, plasterboard ceiling with LED lighting.

Electric cash register, display cabinets, shelving and staging.

Staff cloakroom with toilet and wash hand basin.

2 stockrooms.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 100% approx.

Staff

The business is at present operated by the Staff with 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 2024 with reviews every 5 years (next review 2029) at a current rent of £40,000 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 SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £40,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote