High-footfall licensed convenience with steady weekly takings.
- Prime high street frontage on Holloway Road
A prominent, open-plan convenience shop on Holloway Road offering strong weekly takings and 24-hour licensing on busy North London high street. The business shows consistent turnover of £9,000–£10,000 per week, with cigarette sales around £1,000 weekly, and room to add services such as parcel collection or hot food (subject to permissions).
The lease runs until March 2027 (renewable) — a material consideration for buyers — with a premium of £120,000 plus stock at valuation. Current annual rent is £26,000 and business rates are c. £9,600 pa (business rates relief not yet applied). Running costs include electricity broadly £800–£1,200 per month and variable staffing overheads for two full-time and two part-time members.
The unit benefits from high footfall, excellent transport links (Holloway Road, Archway, Tufnell Park), and plentiful nearby amenities and residential catchment, supporting late-night and weekend trade. Note the wider area records above-average crime and local deprivation; an experienced operator should factor security and loss-prevention into trading plans. Overall, this is a straightforward, manageable central retail investment with clear upside for an operator comfortable with short-lease negotiation and licensed retail trading.
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