Summary - Barnet, Hertfordshire, en4 EN4 8TD
1 bed 1 bath Shop
Turnkey retail investment with immediate income in a prime parade location.
- Busy parade location with high pedestrian footfall
- Weekly turnover quoted at £3,000–£4,000
- Rent £24,000 per annum; premium £75,000 (stock at valuation)
- Business rates reported NIL; buyer should verify
- Alcohol licence in place with extended weekend hours
- Excellent mobile signal and fast broadband connectivity
- Only nine years remaining on the lease; lenders likely to refuse
- Above-average local crime; consider security costs
A compact, brand-new off-licence in a busy Barnet parade, positioned for high footfall and straightforward day-to-day management. The business reports weekly turnover of £3,000–£4,000 and benefits from established services including PayPoint and DHL, plus an alcohol licence and extended weekend hours.
The leasehold is offered with a £75,000 premium (stock at valuation) and rent of £24,000 pa; business rates are reported as NIL (buyers should verify). Excellent mobile signal and fast broadband support modern retail operations, and nearby transport links and local amenities make the location convenient for both customers and staff.
Important caution: only nine years remain on the lease. Many mortgage lenders will refuse to lend against a short lease, which limits mortgage-backed buyers and may affect resale. There is a rent review schedule (next in three and five years) and the lease is shown as renewable, so clarify renewal terms and costs before committing.
The surrounding area shows above-average crime levels, which should be considered when planning security and staffing. For an investor able to buy outright or accept the lease constraints, this is a move-in-ready, easy-to-manage retail business with clear scope to adjust range and trading hours to increase income.
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