020 8904 5040

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High footfall area

Large shop

Cheap rent

Good weekly sales with potential to increase

Rental income from money exchange

Premium can be negotiated

NEW TO THE MARKET: A large shop/supermarket on Edgware Road, Colindale for sale on lease. This shop is producing £10,000 per week in sales, and is available at a premium of £110,000
Rent is £16,500 per annum, rates are £6,000 per annum, lease is 10 years from 2017 with rent reviews every 3 years.
Opening hours: 5am to 11:30pm, Monday to Saturday.
Includes Oyster, paperound, lottery, lyca mobile, Libara, Western Union, Click and Collect, payzone, phone card facilities, and cigarette sales.
Excellent location, good turnover.
Extra income is produced from Money exchange in back area (rented for £4800 per annum)

Groceries: £3,400 per week
Wine, beer and spirits: £1,400 per week
Cigarettes: £1,400 per week
Vegetables: £1,000 per week
Photocopy: £50 per week
Newspapers: £1,000 per week
Confectionary: £700 per week
Household item and healthcare: £400 per week.
Drinks: £700 per week
Lottery: £1,500 per week
Bus pass: £7,000 per week
Phone cards: £1,000 per week
Signage income: £23 per week
Pay zone: £1,000 per week.

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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.