Halal and Butcher Grocery Store for Sale in North Wembley London with 15-Year Lease
North Wembley, London
- Status
FOR SALE
- Advert ID
657350
- Reference
HalalWembley / Rightbiz
- Call Agent:
- Leasehold: £150,000 (Stock at valuation)
- Rent: £22,000 (£1,833 per month)
- Turnover: On request
- Profit: On request
Business Details
Halal and Butcher Grocery Store for Sale on a long 15 years Lease.
East Lane HA0 3HU
Established Arabic & Turkish Grocery Store with Butcher – East Lane, HA0
Established Business | Strong Weekly Sales | Delivery Platforms | New 15-Year Lease
Goodwill: £150,000
Stock: At Valuation
Property Hub is delighted to present this well-established Arabic & Turkish grocery store with butcher, prominently positioned on East Lane, HA0 3HU.
The business is currently trading successfully, generating good weekly sales from the shop as well as established delivery-platform business, providing an incoming operator with multiple revenue streams from day one.
Key Business Highlights
Goodwill: Price on Application
Stock available at valuation
Established Arabic & Turkish grocery business
Butcher counter
Good weekly sales
Additional income through delivery platforms
Established customer base
Prominent and highly visible premises
Expansive glass frontage
Generous internal depth and excellent retail space
Busy surrounding commercial area
Residential accommodation above and around the parade
Opportunity to continue and further develop the existing business
New 15-year lease available
Established Grocery & Butcher Business
The premises are currently operated as an Arabic and Turkish grocery store with butcher facilities, catering to the established local community.
The existing business benefits from a combination of in-store sales and delivery-platform orders, offering an incoming operator the opportunity to maintain the current trading model while potentially introducing additional product lines, delivery services or other complementary revenue streams.
Prime East Lane Location
The premises occupy a prominent position on a busy street in HA0, surrounded by a variety of established businesses and substantial residential accommodation.
The area benefits from regular local footfall and a strong surrounding residential catchment, providing an excellent environment for a grocery and convenience-led business.
The large glazed frontage provides excellent visibility from the street, while the generous depth of the premises offers substantial retail and storage potential.
Heads of Terms
Goodwill: Price on Application
Stock: At valuation
Rent: £22,000 per annum
Advance Rent: 3 months
Lease: New 15-year lease
Deposit: 3–6 months, subject to landlord's requirements
Rent-Free Period: None
Legal Costs: Each party to bear their own costs. Landlord's legal fees to be shared equally between the incoming and outgoing leaseholders.
Handover: Property/business to be provided sold as seen
Excellent Opportunity for an Experienced Operator
This is an excellent opportunity to acquire an already established grocery and butcher business with existing customer demand, good weekly sales and delivery-platform revenue.
The combination of a prominent location, substantial frontage, established trading operation and new 15-year lease provides an attractive platform for an incoming operator to continue and further develop the business.
Disclaimer: The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars, the property may offer tenants in the same condition as they have seen on time of viewing. The information is provided and maintained by Property Hub, Wembley. We aim to give as accurate as possible information while displaying the advert of the property, however should you come to know about any information which is mislead or incomplete, or wrong do not hesitate to contact our office. We recommend your solicitor should advice or check the property’s head of terms and conditions for you, prior to approving the lease or bounding you with the contract. * While renting a commercial property through our agency you may be liable to pay agency fees, please check with our office in advance to avoid disappointment.
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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.
Be safe, use a Rightbiz Solicitor
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