Retail premises for sale in Finchley Road, London NW3

£65,000
Interested in this property? Call +44 161 937 5978 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref 6268 – Leasehold Convenience Store & Off Licence
Blacks Brokers are pleased to bring to the market this leasehold convenience store and off licence located in a busy and much sought-after area of Finchley, Greater London.


Introduction


Finchley Convenience Store Ltd has been trading on Finchley Road for around fifteen years, with our client in ownership since 2016. The business has a large base of regular customers in addition to plenty of passing trade generated by this enviable trading position. Offering services including National Lottery, Paypoint, PayZone, tobacco and alcohol sales, the shop brings a wide range of custom on a repeat basis.


Location


Located on the very busy A41 Finchley Road in North West London, the business is close to many other shops, businesses and large multiples and within easy walking distance of Finchley Road & Frognal Rail Station.


Reason for sale


Due to other business commitments and a lengthy commute business is now available for sale and would suit a hands on owner-operator from a more local area.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is fifteen years and began in 2007 at a cost of £403 per week.


Building layout and design


Finchley Convenience Store Ltd operates from the ground floor of a large, mid-terraced property within a busy parade. The store is well presented, with bold signage displayed above a fully glazed frontage that is also fitted with canopy cover and window advertisements. Inside, the main sales floor is large and brightly lit, with customer counter to the left. It will well stocked and professionally fitted with wall shelving, central gondolas and display fridges and freezers as required. To the rear is a stair case leading to a large basement containing storage areas, an office and a kitchen area. There is also an enclosed, private back yard with outdoor toilet facilities. All areas are presented nicely with five-point CCTV in place and there is also an indoor atm.

The lease is for the ground floor only.


Staff


The business is currently operating with our client working on a full-time basis along with one full-time and two part-time members of staff in employment.


Financial details


The business has traded solidly since opening and generates an annual turnover of £494,000. Full financial details available upon viewing.


Summary


This leasehold business is keenly priced for a quick sale and offers a range of services including National Lotter, PayPoint, PayZone and a free atm. There is plenty of scope to develop the business further with the introduction of 24-hour opening and new product lines. This proposition would potentially suit a hands-on owner-operator or partnership looking for an established business in this exceptional trading position able to continue to drive the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £65,000.

Please quote ref: 6268

Nearby transport

  • Finchley Road & Frognal (0.1 miles)
  • Finchley Road (0.2 miles)
  • West Hampstead (0.4 miles)
  • London City Airport (10.7 miles)
  • London Heathrow Airport (13.0 miles)
  • London Luton Airport (23.9 miles)
  • Savoy Pier (3.9 miles)
  • Embankment Pier (3.9 miles)
  • Festival Pier (4.1 miles)

Nearby schools

View all schools in Camden
  • Southbank International School (0.1 miles)
  • North Bridge House Pre-Prep School (0.2 miles)
  • St Mary's School (0.3 miles)
  • Wac Arts College (0.7 miles)
  • Fine Arts College (0.9 miles)
  • Epic Learning Independent School (2.2 miles)
  • University College School (0.3 miles)
  • Devonshire House Preparatory School (0.3 miles)
  • South Hampstead High School (0.3 miles)
Note: Distance is shown as a straight line measurement

Local info for Camden

About the neighbours in NW3

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

Contact Blacks Business Brokers about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

12 more properties like this

View all NW3 commercial properties for sale