An excellent opportunity to acquire an established retail business occupying a prime and highly prominent position on Pinner High Street, Harrow. Situated within a busy trading location benefiting from exceptional footfall, strong local demand and excellent visibility, this substantial commercial premises offers both an established level of turnover and significant potential for further growth.
The business is currently achieving weekly sales of approximately £7,000–£8,000, despite operating without a number of high-demand additional revenue streams, presenting an incoming operator with considerable scope to increase turnover.
A dedicated butcher facility is included within the premises, providing an excellent opportunity for the incoming operator. The butcher section can either be operated directly as part of the main business or potentially rented separately to generate an additional rental income stream.
The business is currently trading without vape products, cigarettes, PayPoint, National Lottery, alcohol and various other complementary services.
This creates a substantial opportunity for an experienced or ambitious new operator to increase turnover by introducing additional high-demand products and services, subject to any necessary licences, permissions and approvals.
Further growth could potentially be achieved through:
With its prime Harrow location, strong existing turnover, substantial premises, long trading hours and multiple untapped revenue opportunities, this represents a significant opportunity for an incoming operator looking to acquire an established business with considerable potential for expansion.
Goodwill: £150,000
Rent: £45,000 per annum
Business Rates: Approx. £1,100 PCM
Lease: 10 years renewable
Sourcing fee applicable.