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Stable Farm,, SL9 0PX
£70,000
Busy phone repair and vape shop for sale in a prime Edgware Road high-street location, benefiting from exceptionally high footfall and just 2 minutes from the station. This well-positioned shop attracts a constant flow of passing customers throughout the day, making it ideal for retail and quick-service businesses.
The shop currently operates as a phone repair and vape store, generating around 5,000 per week in sales, with strong walk-in trade driven by the busy surrounding area. The location is well known for heavy pedestrian traffic from commuters, tourists, and local residents.
There is huge potential to increase revenue further by expanding the vape range, accessories, phone sales, or additional services such as device trade-ins, accessories, and same-day repairs.
Key Highlights
Prime Edgware Road high-street location
Only 2 minutes from the station
Very high footfall area with constant passing trade
Currently averaging 5,000 per week turnover
Operating as a phone repair & vape shop
Massive potential to grow sales further
Ideal for owner-operator or investor
A rare opportunity to acquire a busy retail shop in a highly sought-after London location with strong existing income and clear potential for further growth.
Serious enquiries only.
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.
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