Turnkey retail with high footfall and clear growth potential.
Price £70,000 leasehold, turnkey fitted mobile phone shop
A newly fitted mobile phone shop on a busy Northways Parade, offered leasehold at £70,000. The compact retail unit sits in a high-footfall location close to schools and a train station, with established nearby amenities and consistent weekly takings reported. Rent is £27,000 per annum plus VAT, with business rates around £6,000 after relief and a modest service charge and insurance cost.
This is a turnkey purchase suited to an investor or entrepreneur seeking an income-producing retail outlet. The interior is modern and ready to trade, keeping day-to-day management straightforward. There is clear potential to increase sales through merchandising, longer opening hours, or additional services.
Buyers should note significant lease and practical constraints. Only 15 years remain on the lease; many mortgage lenders will likely refuse to lend against this asset. Broadband speeds are very slow and the local crime level is high, both factors that may affect some operators and require mitigation.
Overall this is a compact, well-presented retail opportunity in an affluent, busy parade—appropriate for a cash buyer or operator prepared to manage the short lease and local trading considerations.
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