Property for sale

 Colindale, NW9

Property Information

  • Reference number GLENMOREEST4_GLEH002140
  • Property Type Retail
  • Furnishing Furnished or Unfurnished
  • Tenure Leasehold
  • Sale classification Buy to Let
  • Current Occupant Vendor


Colindale, NW9


  • Leasehold For sale of Convenience Store with Off Licence
  • New Lease for 15 years will be issued
  • Turnover £15,000 per Week + Buspass
  • Additional sales of Bus Pass, Lottery, Utility re-charging, Money Transfer
  • In a very busy shopping area
  • Service Access at rear for Deliveries
  • Current Rent £16,000 per annum
  • Low Business rates
  • Off licence till late

Property description

Fantastic Convenience Store - Off Licence business for sale in Colindale.

Glenmore is pleased to bring to the market this well located and highly successful business. The business is on a very busy large shopping area with high foot fall.

Asking Price: £100,000

Rent: £16,000 per annum
Next Rent Review in March 2020 and agreed rent of £17,000 per annum

Takings: Advised by Vendor - £15,000 per week exclusive of services (Bus Pass, Lottery, Money Transfer and Utility Charging)

Rates: Advised by Vendor - £600 per annum currently (Due to get business rate relief in April 2019)

Opening hours: 5am to 12pm - seven days a week

Lease: New Lease will be issued in March 2020 for 15 years

Early viewings highly recommended. Strictly by prior appointment. Please call the commercial department on 0208 904 5040.

These particulars are prepared for the guidance of prospective purchasers. They are intended to give a fair and overall description of the property and do not constitute the whole or any part of an offer or contract. Any information contained herein (whether in text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. Any plans provided by the agents and/or with the sales particulars are intended for guidance purposes only; we cannot guarantee the accuracy and scale of any plans, and they do not form any part of the sales contract.

Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale.

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