Convenience Stores for sale in Golspie

View the "Licensed Convenience Store in Golspie, Highland" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Sarah Davies (June 2014) View More
Freehold Price: £130000.00 Leasehold Price: £25000
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Business Description
The Benview Convenience Store, Golspie is a most popular licensed grocery business situated in an exceptional residential trading location. The business caters to a solid year-round demand from local residents with the addition of some tourist trade within the summer months. Turnover sits at around £425,000 (2014) generating strong profitability of circa £40,000. Trade is driven through traditional grocery and news agency sales which have evolved over recent times to include a wide range of merchandise in this smart, exceptionally presented store. Items available for sale include fresh and frozen produce, greeting cards, bakery lines, soft and alcoholic drinks, tobacco, newspapers and confectionery without being exhaustive. A popular draw to the store is the sale of lottery tickets. The store provides for the daily needs of local inhabitants and is well regarded in the locality with a strong and loyal customer base and this is reflected in the consistent sales.

Internally the Shop is arranged at ground level and enjoys spacious retail floorspace and well-laid out aisles. Large refrigerated and freezer display cabinets show produce to best effect. A spacious sales counter is centrally located providing an ideal focal point for customer service and security. Adequate stock storage and staff facilities are located to the rear of the property.
The business operates 7 days per week opening 7 am and closing 8 pm Monday to Saturday; Sunday opening is 9 am to 5pm. The owners take a full role in the shop but also employ a number of part-time staff. The present owners commenced the business in 2007 and have enjoyed the profitable and independent lifestyle that accompanies ownership of a successful business. There is little reason to doubt that enthusiastic new proprietors could continue to build on successes to date and in turn drive higher turnover on an annual basis.

The property is of modern construction under a pitched roof with all accommodation set at ground level with a ramped access.

From a prominent roadside location, the premises have a well-signed frontage and easy access. The sales area is extremely well maintained throughout and has a good range of flexible fixtures and fittings. The sales counter is on the wall immediately opposite the main entrance providing sensible security coverage of the sales area. Extensive racking and shelving offer an excellent display of numerous grocery items throughout the perimeter of the store and large chilled / freezer cabinets offers a wide choice of items. Aisles offer an easy passage for customers separated by freestanding display shelving islands which promote sales.

The storeroom sits to the rear of the trading area and benefits from a security camera which monitors activity with the Shop. A staff WC and small kitchen area are off the storeroom.

The business has a prominent roadside frontage with attractive signage. Unrestricted roadside parking provides for customer needs. The business has an area of paved ground and a lean-to external store.

Mains electricity, water and drainage.

The Energy Rating of the property is ‘F’.

Income for the trading year ending 2014 was £428.000 with strong profits of circa £41, 941. Full accounting information will be made available to seriously interested parties subsequent to viewing.

This business operates under the Licensing Scotland Act 2005 and a copy of the licence will be made available to interested parties post viewing.

Monday – Saturday 7 am until 8 pm
Sunday – 9 am until 5 pm

There is no accommodation with this property.
Tenure: Freehold, Leasehold

Location Details:

The Highlands of Scotland are famous for spectacular scenery and rugged mountains, a reputation which is comfortably upheld by the area around Golspie. The wonderful unspoilt scenery of the famous coastline and surrounding hills combine to make this a most attractive locality for both residents and tourists alike. For walkers the beautiful Sutherland terrain offers varied degrees of challenge from the more leisurely hillwalking to more stretching mountaineering. A wide range of birdlife attracts the ornithologist and the area has a huge appeal to the naturalist. The rivers within the region appeal to large numbers of sports fishermen. Golf, touring and genealogy are other favourite pastimes, together with the prospect to visit nearby Scottish castles and other historic sites. Additionally, in the vicinity there are many self-catering accommodation providers, hotels and guest houses whose patrons in turn generate trade for all the services supported by the Store.

Golspie is a popular Sutherland village located on the busy A9 trunk road which links Inverness with Thurso and the Orkney Ferry. The village has award-winning beaches and is located in the shadow of Ben Bhraggie Mountain. Golspie also has an excellent 18-hole links golf course and is in easy reach of the famous courses at Brora and Royal Dornoch. These attributes combine with the natural scenic beauty of Sutherland to make it highly popular with a wide range of visitors. In addition the village has excellent schooling and a wide range of social and welfare facilities.

Leasehold Term:

Capital Premium: £25,000; Rent: £12,000 p.a. rent; Rent Payments: Monthly in advance; Rent Reviews: Every Five years in line with RPI; Lease Duration: 12 Years plus (Option to purchase – if purchased within 2 years capital ingoing premium will be deducted from sales price); Leaser type: Full Repairing and Insuring; lessee bears the cost of Insurance. Stock to be purchased by independent valuation.

Downloadable Documents

Listed by: ASG Commercial
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