Forest Road, Walthamstow, Waltham Forest

£120,000

Size

861.11

Tenure

Leasehold

EPC

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Parking

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Primary use
Shop
Frontage
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No floor / site plan

Key features

  • Main high street location
  • Recent refurbishment
  • Turnover in excess of £250k
  • Impressive net profits

Description

LONDIS FOREST ROAD – EAST LONDON

Leasehold Price: £120,000 + Stock at Value (SAV)

OVERVIEW

An outstanding opportunity to acquire a recently refurbished and well-established Londis-branded convenience store, positioned within a busy and densely populated area of East London.

The business has been significantly enhanced through a full refit completed in October 2024 (circa £40,000+ investment), resulting in a modern, well-presented retail environment that requires no immediate capital expenditure.

Operating under the recognised Londis brand, the store benefits from strong supplier relationships, brand recognition, and a consistent level of repeat custom. The business is currently family-run and delivers strong levels of profitability, with clear potential for further growth under a more structured or extended operational model.

LOCATION

The business is situated on Forest Road, a well-established and high-traffic thoroughfare in East London, surrounded by dense residential housing and local amenities.

This prime trading position ensures consistent footfall throughout the day, supported by:

A large local residential population
Passing vehicular and pedestrian traffic
Proximity to local services and community infrastructure
The location is ideally suited to a convenience retail offering, with strong demand for everyday essentials, food-to-go, and service-based offerings such as parcel collection and PayPoint.

KEY FEATURES

Established Londis-branded convenience store
Full refurbishment completed in October 2024 (circa £40,000)
Strong and consistent trading performance
Multiple income streams driving repeat footfall
Costa coffee machine and fresh bakery offering
Parcel services including Amazon, UPS, DHL and Royal Mail
PayPoint services in place
Modern fixtures, refrigeration, and EPOS system
Family-run with scope to scale operationally
Opportunity to acquire the freehold by separate negotiation
Residential accommodation available separately (see below)

FINANCIAL OVERVIEW

Annual Turnover: £250,000
High Net Profitability: £48,000
The business delivers a net profit of approximately £48,000 per annum, representing a strong return relative to the asking price and offering an attractive opportunity for an owner-operator or investor seeking a stable, cash-generative retail business.

There is clear potential to further improve profitability through:

Extended trading hours
Introduction of staffing to increase efficiency
Expansion of higher-margin product lines
Integration with delivery platforms

TENURE

Tenure: Leasehold
Lease: New lease to be issued
Rent: £18,000 per annum

The quoted rent relates solely to the ground floor retail premises.

RESIDENTIAL ACCOMMODATION

A well-proportioned two-bedroom apartment is situated above the commercial premises, comprising:

Kitchen
Lounge
Two bedrooms
Important:
The residential accommodation is not included within the lease at £18,000 per annum.

However, the incoming purchaser will benefit from a first right of refusal to occupy and rent the apartment if and when it becomes vacant.

This provides a valuable future opportunity to:

Reduce personal living costs (owner-occupation), or
Generate an additional rental income stream

MARKETING & DIGITAL PRESENCE

The business benefits from the strength of the Londis brand, combined with its highly visible location and essential service offerings.

Additional visibility and customer engagement are driven through:

Parcel service integrations (Amazon, UPS, DHL, Royal Mail)
PayPoint services
Strong local reputation and repeat trade
These elements ensure consistent daily footfall and customer retention.

BUSINESS MODEL & REVENUE STREAMS

The business operates a well-diversified and resilient model, including:

Core convenience retail sales
Costa coffee machine revenue
Fresh bakery and food-to-go offering
PayPoint services
Parcel collection and drop-off services
These multiple revenue streams not only increase turnover but also significantly enhance footfall and cross-selling opportunities.

PREMISES

The shop is fitted to a high standard following the recent refurbishment and includes:

Modern refrigeration units
Shelving and display systems
EPOS system
Costa coffee machine
Bakery setup
Storage facilities
The layout is efficient and well-suited to both owner-operation and managed operation.

GROWTH OPPORTUNITIES

There are several clear opportunities to further develop the business:

Home Delivery Integration
The business is well-positioned to introduce delivery via Uber Eats, Deliveroo, or similar platforms.

Extended Opening Hours
Increasing trading hours could significantly enhance turnover.

Operational Scaling
Introducing staff would allow the business to transition from a family-run model to a more scalable structure.

Product Expansion
Further development of high-margin categories such as fresh food, alcohol, and premium convenience lines.

Future Residential Income
Potential to utilise the apartment (subject to availability) for rental income or owner occupation.

FREEHOLD OPPORTUNITY

The vendor has indicated that the freehold interest may be made available by separate negotiation.

This presents a compelling opportunity for a purchaser seeking:

Long-term security
Asset ownership
Additional investment value through combined commercial and residential income

REASON FOR SALE

The business is being made available due to the vendor’s non related business interests.

SUMMARY

Londis Forest Road is a highly attractive, turnkey convenience store opportunity in a prime East London location.

With a recent high-quality refit, strong and diversified income streams, and a clear pathway for growth, the business offers immediate profitability alongside future upside.

The added potential to access residential accommodation and acquire the freehold further enhances the appeal for both owner-operators and investors.

FURTHER INFORMATION

All enquiries are to be made through Goodwins Business Brokers. Further information will be provided to genuinely interested parties upon completion of a confidentiality agreement.

Goodwins Business Brokers
1 Phoenix Riverside, Sheffield Road, Rotherham, S60 1FL
Tel:
Email:
Additional information
Service charge
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Listed building
No
Business for sale
No
Leasehold: Ask agent
Tenure
Leasehold
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Energy performance certificate: Ask agent

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Read more about energy considerations for commercial property

Forest Road, Walthamstow, Waltham Forest

NEAREST STATIONS

London Underground
London Overground

Blackhorse Road Station

0.5 miles

London Overground

Walthamstow Queens Road Station

0.56 miles

National Rail

St. James Street Station

0.57 miles

About Goodwins Business Brokers Ltd, Covering - Nationwide

Goodwins Business Brokers Ltd, Covering - Nationwide

Goodwin's Business Brokers are the right choice.

We think our experience in owning and selling businesses ourselves, puts us directly in your shoes.

Everyone in our team have been previous business owners and have been through the process of selling their business, which puts us in an unusual place of being your perfect selling partner.

We know you have put blood, sweat and tears into your business and you need the right buyer, at the right price and in the right timescale to make your exit successful.

What's more, you need a broker who can be trusted, truthful and who can perform to drive the sale of your business.

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Disclaimer - Property reference GO4799. 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 Goodwins Business Brokers Ltd, Covering - Nationwide. 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.