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VAPE SHOP FOR SALE

Property size: 700SQ.FT.
Structure: Bedrooms
Accommodation: Available Now for Sale
Heating:
For Sale
Property ID: MW
Specification
Property bedroom icon Bedrooms:
Property bathroom icon Bathrooms: 1
Property size icon Property size: 700SQ.FT.
Property floor icon Floor: 1
Property total floors icon Total floors: 1
Property year built icon Year Built: Victoria Style
Property heating icon Heating:
Property accommodation icon Accommodation: Available Now for Sale
Property ceiling height icon Ceiling height:
Property parking icon Parking:
Property distance from center icon From center:
Property publication date Publication date:
Property area size icon Area size: SQ.FT.
Property garages icon Garages:
Property garages size icon Garages size: SQ.FT.
Property additional space icon Additional space:
Leasing Terms
Leasing Icon Lease 13 years remaining
Leasing Icon Licence A1
Features
24 hour concierge
Air Conditioning
all bills Included
Allocated Parking Space
Available Now
Balcony
Balcony with views towards the River Thames
Bicycle Parking
Confort Cooling
Freehold
Furnished
Furnished / Unfurnished
Garden
Gym
Immaculate Conditions
Lawn
Newly Built
Outdoor
Penthouse
Porter
Private cinema room
Private gym
Safe Residential Area
Sauna
Shared Ownership
Swimming Pool
Top Floor
TV
TV Cable
Underfloor Heating
Washer
Window Coverings
Wireless Internet
Zero Deposit
Location
Full Address: Muswell Hill Broadway, London N10, UK
Simple Address: Muswell Hill
ZIP Code: N10
Country: GB
Description

Retail for sale: well established vape shop in Muswell Hill, North London

This retail for sale trades well-established vape shop in Muswell Hill Broadway, North London

The shop is trading a part of a well-established vaping and electronics company and our client is now looking to sell his shop to focus his effort in Central London.

 

The shop operates in this fronted unit which benefits from nearby on road parking. This outlet is located right in the heart of Muswell Broadway, next to main flagship store such a Cote Brasserie, NatWest, Carluccio’s, Costa Coffee, Boots and several hotels and restaurants.

Muswell Hill Broadway is an incredibly busy area as one would expect. The shop is fitted to a high standard with a sales counters and an open plan display area with small individual displays. The main displays are under glass-topped units with stock behind the counter. The overall feel to the shop is one of style and modern allure which adds additional perceived value to the products on sale. To support the sale area is a stock room at each location.

 

The shop is run by 4 full-time members of the staff.

 

Financially, the business is trading solidly and delivers strong gross profits at 66%, there is a healthy net profit. The business is gaining momentum and is showing a healthy growth in turnover. The business benefits from regular and repeat custom.

The shop has very little competition, being the only vape shop in the area.

There is also a possibility to change the use within the 1 license. a new operator can use the unit for a coffee shop, retails clothing or pure mobile repairing.

Particulars

We are advised the business is being sold as a Leasehold opportunity.
Use: A1
Remaining lease length: 14 years
Rent: £24,000 per annum
Premium: £150,000

Location

Among the most expensive suburbs in LondonMuswell Hill sits astride one of the capital’s highest  hills and on a clear, sunny day the city views are breathtaking.

This well-heeled north London neighbourhood is a family and young professionals hotspot, with fine, good-size Edwardian houses, state schools, a busy shopping centre with a wide choice of fancy, arty cafés, plus restaurants and smart pubs for media types, and plenty of green spaces for walking the dog.

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