Newsagent and Off Licence In West Lothian
Price:
Freehold - £224,950
Location:
Scotland, West Lothian, Fauldhouse
Business Type:
Retail businesses
Preferred Commercial is delighted to offer for sale this well-established newsagents, gift shop and off-licence, which has been operated by our client since 2003 and which is only now offered for sale due to our client's desire to relocate. The substantial property boasts two retail units, one of which is currently unused, along with contemporary 4-bedroom owners' accommodation. Our client has established a loyal customer base, which ensures much repeat trade. The business currently trades seven days per week and offers a range of general CTN lines along with alcohol. This generates a turnover in the region of £232,701 per annum with a gross profit of 25%. We feel there is a huge opportunity to increase the turnover by utilising the empty retail premises next door to extend the current sales area and expand the range of lines available by, perhaps, adding groceries or take away food. The empty unit is accessible through the current shop and also has its own entrance, which would make it suitable for renting out and bringing in further income. The new owner could, if desired, extend the opening hours into the evening. This is an ideal lifestyle change opportunity, offering the new owner a substantial property with an already profitable business which has good potential for expansion. Early viewing and negotiations with Preferred Commercial must come highly recommended.
Grapevine Newsagents is ideally located in the centre of Fauldhouse, which is close to Bathgate, West Lothian. Occupying 2-storey premises, the business has the benefit of ample on street parking in the immediate vicinity and there is a number of other shops and businesses in the locale including the new multi-million pound Partnership Centre, which houses a sports centre, health centre, tea shop and police station. The premises are also close to the Greenburn 18-hole golf course. Fauldhouse is a popular residential area and the village has its own cricket club and boxing club. The railway station is within easy walking distance of the business, with train services through to Glasgow and Edinburgh. Junction 4 of the M8 motorway is approximately 5 miles away.
Mon Tues:6am-5.30pm
Wed:6.am-7.30pm
Thurs Fri:6am-5.30pm
Sat:6am-7.30pm
Sun:6am-12.45pm
Prominent 2-storey premises with 2 x retail units and substantial owners' accommodation with gas central heating and double glazing. Briefly comprising:
Ground Floor
• Newsagents shop with central greetings cards display, stationery, giftware, newspapers and magazines
• Storage room
• Retail unit with separate entrance currently unused
Owners' accommodation
• Laundry room
• Sauna room
• Kitchen
• Double bedroom
• Shower room
• Lounge
First Floor
• Second lounge
• Double bedroom
• Bathroom
• Double bedroom
• Double bedroom
External
• Double garage
• Shed
North Yorkshire
£ 750,000
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