Summary - High Road, London, NW10 NW10 2SB
1 bed 1 bath Shop
Busy High Road shop with proven takings; short lease means cash buyers only.
- High footfall parade on High Road, NW10
A compact, well‑located mobile phone shop on High Road with strong pedestrian exposure and proven takings. The business currently trades seven days a week with average monthly sales around £6,000 and a rent of £12,600 per year, providing a clear turnover snapshot for an operator familiar with high‑street retail.
The main commercial strength is location: a busy parade with high footfall, nearby shops, multiple public transport links and local amenities. Excellent mobile signal and proximity to several schools help maintain steady daytime trade. The leasehold sale includes goodwill/premium and trade inventory separate from the asking premium of £30,000.
Important material drawbacks are plain: only five years remain on the lease, which many mortgage lenders will refuse to lend against and which limits long‑term security. The local area has high crime levels and is classified as deprived, which can affect insurance costs, staff recruitment and evening trade. Broadband speeds are average and the premises will suit buyers prepared to operate with these constraints or to reinvest for improvement.
This opportunity is best suited to an experienced independent retailer or investor who understands short‑term leases and cash transactions, or an operator planning rapid renewal negotiations. The sale offers immediate trading potential but requires a pragmatic approach to lease renewal, due diligence on rates and insurance, and contingency planning for the neighbourhood challenges.
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