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Stable Farm,, SL9 0PX
£180,000
Busy Convenience Store for Sale Prime Finchley Location
An excellent opportunity to acquire a well-established and highly profitable convenience store located in the heart of Finchley, just moments from a busy high street with strong daily footfall. The business benefits from a loyal local customer base and a steady stream of passing trade from nearby residential areas, students, and local workers.
The shop currently generates approximately 15,000 in weekly sales, demonstrating the strength of the location and the consistent demand from the surrounding community. The property is positioned close to three nearby colleges, bringing significant daily student traffic and ensuring regular customer flow throughout the week.
The premises offer a large retail floor space, allowing for a wide range of groceries, everyday essentials, and convenience products. The shop is already well stocked and operational, making it an ideal turnkey opportunity for a new owner looking to continue trading immediately.
A further advantage is the additional outside grocery display area, which is perfect for attracting passing customers and promoting popular items. The stores proximity to a busy high street means it benefits from strong visibility and accessibility.
Importantly, there is very limited direct competition in the immediate area, allowing the business to maintain strong sales performance and customer loyalty. With the right management and fresh ideas, the shop offers significant potential to increase revenue, expand product lines, introduce services such as parcel collection or delivery, or extend opening hours.
This is a rare opportunity to acquire a profitable retail business in a sought-after North London location with excellent growth potential. Perfect for experienced operators or entrepreneurs looking to take on a thriving convenience store with room to grow.
Key Features
Prime Finchley location near busy high street
Approx. 15,000 weekly sales
High footfall area with strong passing trade
Three colleges nearby generating regular customers
Large retail space with flexible layout
Outside grocery display area
Minimal local competition
Well established and profitable business
Huge potential to increase turnover
Ideal for owner-operator or family business
Keywords:
Convenience store for sale Finchley, North London retail business for sale, profitable shop opportunity, high footfall retail location, grocery store investment, established convenience shop, student area business, busy high street shop, retail investment opportunity London, profitable local shop business, turnkey retail business.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Stable Farm,, SL9 0PX
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