Convenience store for sale in Northwest London with on-site lottery and clean layout
Undisclosed, London
- Status
FOR SALE
- Advert ID
655356
- Leasehold: Price on Application (Stock at valuation)
- Rent: £15,000 (£1,250 per month)
- Turnover: £390,000 (£7,500 per week)
- Profit: On request
Key Features
- Flexible viewing arrangements
- Independent retailer with strong footfall
- Lease terms and duration
- Legal alcohol retailing
Business Details
Convenience store in Northwest London for sale
We are pleased to present an exciting leasehold opportunity for a convenience store located in Northwest London. This established business has a current turnover of £364,000, making it a potentially lucrative investment for those looking to enter the retail sector or expand their portfolio.
The store features a clean and organised layout, providing a welcoming environment for customers. Among its key offerings is the on-site lottery service, which adds an attractive feature that can help to draw in more foot traffic and boost sales. This convenience store is well-positioned for new ownership, allowing the next proprietor to build upon its existing success and reputation.
With favourable leasehold terms in place, this retail space provides the necessary foundation for a thriving business. It presents a stellar opportunity for entrepreneurs eager to capture the growing market in Northwest London. If you are interested in exploring this venture further, please reach out for more information regarding the asking price and additional details.
The Specification are we have very low monthly rent which is £1250 with the rent review of every 3 years on open market value. The lease has left 20 years renewable. The current other incomes are from relay parcel service generating £500 per month and a Royal Mail box fixed annual income of £1300 with another YEEP BOX of parcel £1200 per annum leaving incoming owner very few costs towards the shop.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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