• An established highly popular, hardware store offering circa 141m2 of sales area in a prime trading high street location.
• An exceptional business with excellent turnover (circa £400K) and sustainable profit margins (circa £110K) from year-round trading.
• An expansive property over three floors with substantial additional external buildings with some business development potential subject to consents.
• Situated in the beautiful Highland village and tourist destination of Grantown-on-Spey.DESCRIPTION
Donaldson's Hardware Store is a most popular shop situated in a prime trading location on the busy High Street of Grantown-on-Spey. The business is mainly operated with family members serving customers. The business caters to a solid year-round demand from local residents and visitors, with the addition of busy tourist trade which peaks between Easter and October. This thriving business delivers a wide range of merchandise including; gardening equipment and sundries, painting and decorating products, hardware items, household equipment and a wide range of gifts. In addition the Store provides a paint mixing and key cutting services plus it sells bottled gas. The selling space extends to circa 141m2 and is laid out intelligently to show the wide range of products to best effect. The trading areas of the Store are set on the ground floor providing easy access for customers and with street facing windows offering a good level of natural lighting and a superb display advertising capability. The range of products is such that there is need for spacious storage facilities which the Store possesses; internal storage extends to approximately 112m2 and external building storage equates to approximately 100m2. In addition there is a further storage area for bulk items and gas bottles.LOCATION
Donaldson's Hardware Store is situated in the centre of Grantown-on-Spey, highly convenient for customer access and located within the main commerce area including other shops, restaurants, hotels, pubs and B&Bs etc. The business has over 60 trading accounts which include some local estates; the business has a strong reputation locally. Grantown-on-Spey has a variety of facilities for visitors and sits at the confluence of three major tourism "trails" dedicated to golf, castles and distilleries. The town has its own excellent 18-hole golf course and the area is home of the famous Boat of Garten Golf Course. The area is also renowned for its salmon fishing along the River Spey and the town has a long tradition associated with the sport. In addition, the Cairngorm Mountains offer a range of mountain sports from trekking in the summer to skiing in the height of winter. In particular the area attracts a large number of bird watchers. With a host of tourist and leisure facilities within a short drive, Grantown-on-Spey has a wide range of choice and activities for visitors to pursue and is an ideal geographic location as a base from which to tour both the Highland and Grampian regions of Scotland. Grantown-on-Spey also provides a culturally rich living and working environment. The location of the Shop within busy Grantown-on-Spey and the many activities/attractions in the Cairngorm National Park lead to a high footfall level and potential customer base for the business. REASON FOR SELLING
The present owner purchased Donaldson's Hardware Store in 2004 and has enjoyed the profitable and independent lifestyle that accompanies self-employment. Trade has been consistent over this period with the business demonstrating excellent profitability. The proprietor now wishes to retire from the retail trade, hence the opportunity for new enthusiastic owners to acquire this thriving business and build on successes to date. THE PROPERTY
The property is of traditional granite stone construction under slate roof over two floors with a loft and basement storage area. This property is presented in good order throughout and is fire compliant with an internal CCTV / security system.TRADING AREAS
From a most prominent trading location on the High Street, Donaldson's Hardware Store has a distinctive and well signed frontage and easy access through the single point of entry at street level. The sales counter is positioned to the right of the entrance and accommodates an electric till. The sales counter location provides good visibility throughout the length of the main sales areas. The shop is configured into an 'L' shape with a paint mixing area and a key cutting bench. The merchandise areas are configured with aisles, wall mounted shelving and specialist storage containers. The sales area extends to circa 141m2 and is well presented.SERVICE AREAS
The business has ample storage with first floor, basement and loft storage areas extending to 112m2 In addition external building storage equates to approximately 100m2 plus there is a further storage area for bulk items. The building and external buildings could afford new owners some development potential subject to planning consents. There is a staff washroom and an office. The Store has customer parking to the front and additional public parking is located within a short walk. Access to the rear of the subjects is via a tarmac drive which affords private parking. The driveway provides right of way only. SERVICES
Mains electricity, water and drainage.