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First Gear Convenience Store, 79 Atlantic Road, Brixton, SW9 8PU

Guide Price
£450,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Commercial property for sale

Key features

  • Central London location
  • Advised weekly sales c. £8,000
  • Split level property with good storage
  • 99 year lease granted 25/03/2001
  • Rent of £250 per annum
  • Use class E with potential for an array of businesses - Energy Rating: D
  • Christie & Co Ref: 2411693

Description

Description

We are offering a virtual freehold unit located in the heart of Brixton, central London just a short distance from Brixton train station and underground.

The unit is a split level virtual freehold property occupying the ground and lower ground floors, and is being sold with c. 75 years remaining of a 99 year lease granted 25/03/2001
This was previously run as a convenience store with advised weekly sales in the region of £8,000 per week, however the owner has recently taken back the property and is looking to find a suitable buyer.

Location

Brixton offers the perfect blend of urban energy and community charm. This sought-after South London neighbourhood is renowned for its vibrant cultural scene, independent shops, and diverse culinary offerings, all just moments from your doorstep. Residents enjoy easy access to Brixton Village, the iconic Ritzy Cinema, and the bustling Electric Avenue, while excellent transport links via Brixton Underground and Overground stations make commuting into Central London effortless. With a strong sense of local identity and ongoing regeneration, Brixton continues to attract professionals, creatives, and families alike.

Internal Details

The property is split over two levels, with the ground floor being all retail space and an entrance to the rear for deliveries, and the lower ground floor being storage rooms, an office and a WC.

The shop totals over 900 sqft of internal space.

Fixtures & Fittings

We are advised that all fixtures and fittings are owned outright and will be included in the sale, with a full list to be provided to successful bidders.

The Opportunity

This is an opportunity for an operator to take on a long leasehold property in the heart of Brixton with a low passing rent of only £250 per year and a c. 75 year long lease remaining from the original 99 year lease granted 25/03/2001

The property has potential for an experienced operator to continue running the shop as a convenience store or to change the business to suit their plans, given the vibrant location there are an array of businesses that would take advantage of the location.

Staff

We are advised there are no members of staff to transfer with the business.

Trading Information

Due to the owner recently taking back the shop from a family that was operating the business, we don't have any accounts or financial information to share currently.

Trading Hours

Monday to Saturday - 7:00am to 22:30pm
Sunday - 8:00am to 22:00pm

Tenure

Virtual Freehold - 99 year lease granted 25/03/2001

Brochures

First Gear Convenience Store, 79 Atlantic Road, Brixton, SW9 8PU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brixton Station0.1 miles
  • Brixton Underground Station0.2 miles
  • Loughborough Junction Station0.5 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2411693-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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