Summary - London, NW6 NW6 2BY
1 bed 1 bath Shop
Turnkey small retail business in a busy parade ideal for an owner-operator.
- Prime parade location with high footfall and excellent transport links
- Reported turnover £10,000–£12,000 per month
- Rent £30,000 per annum; electric c. £200 monthly
- Only five years remaining on lease; lenders likely to refuse mortgages
- Premium and stock valuation apply; confirm total upfront cost
- Very high local crime rate; consider security and insurance costs
- Business rates unconfirmed; buyer must enquire independently
- Compact, easy-to-manage shop suited to owner-operator
A compact, well-positioned retail unit in NW6 offering strong footfall and straightforward day-to-day management. The shop trades as a mobile phone business with reported monthly turnover of £10,000–£12,000 and simple opening hours, making it suitable for a hands-on owner-operator or investor seeking an income-generating street-level asset. Public transport links are excellent and a dense mix of local amenities and businesses keeps consistent passing trade.
Key running costs are clear: rent £30,000 pa and an average electric bill of about £200 per month; business rates are not confirmed and should be checked before purchase. The leasehold tenure is the material drawback — only five years remain, which is likely to prevent most mortgage lenders from lending against the property and will reduce marketability. The listing price and a separate premium figure are noted; verify total upfront costs and stock valuation.
The area is inner-city and multi-ethnic with a busy retail parade, but it also records very high crime and higher-than-average deprivation — factor in security measures and insurance costs. For a buyer able to accept a short lease, this is a compact, easy-to-manage retail business with immediate trading potential; for most purchasers, securing a longer lease or buying with cash will be necessary to realise value.
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