Summary - Norwood Road, Southall, Greater London, UB2 UB2 4JD
1 bed 1 bath Shop
Turnkey local business with strong weekly takings and commuter footfall.
Premium £135,000 plus stock at valuation
A long-established retail business on a busy Southall parade, offered as a leasehold premium of £135,000 plus stock. Weekly takings are reported at approximately £6,000–£8,000, supported by on-site services such as a fruit and veg stall, PayPoint, Payzone and a bus pass service. Rent is £11,740 per annum and business rates are reported as NIL (interested parties should verify with the local authority).
This unit benefits from excellent public transport links to central London, fast broadband and strong footfall in a densely populated, ethnically diverse area. The location suits an owner-operator or investor seeking immediate trading income from an established convenience-style operation serving local residents and commuters.
Important lease information is a material drawback: only 14 years remain on the lease. Many mortgage lenders may refuse to lend on this property and lease extension or renewal negotiation will be essential. The surrounding area shows signs of deprivation, and crime is described as average—buyers should factor local market conditions into valuations and planning.
Interested purchasers should carry out full commercial and financial due diligence, check business rates, verify turnover and costs, and obtain specialist advice about lease extension options before committing. This is a hands-on, trading opportunity with clear income potential but a significant lease-renewal risk that affects financing and resale.
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