Retail Space for sale in Grantown on Spey

View the "Wood-Burning Stove Retail Business in Grantown on Spey" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £100,000
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Business Description
DESCRIPTION
Cairngorm Stoves is a most unique and attractive business retailing wood-burning stoves and ancillary equipment. The business is situated within an industrial estate on the edge of the town of Grantown-on-Spey and offers an excellent trading platform. The premises extend to around 379m2 with ample parking and additional storage to the rear of the expansive showroom and workshop. The business will undoubtedly be attractive to a wide range of potential buyers but especially those who have a strong desire for self-employment within a highly profitable sector. Cairngorm Stoves provides the current owners with a rewarding work environment and it is due to their desire to retire after trading the business for 30 years that brings this attractive opportunity to the market.

The single storey unit is a modern industrial building, easily located within the busy Strathspey Industrial Estate, a short drive from the town centre. The business is ideally situated to meet the needs of its growing number of customers providing ample space for the delivery and collection of units. The property is of modern block construction and is complete with compliant facilities including fire alarm system and modern electrics etc. The internal aspects of the property are presented to a very high specification and externally benefit from modern branding.

This fully equipped business is presented in truly walk-in condition and new owners will have no major capital expenditure to commence trading. The current owners are prepared to offer guidance and advice to new owners to assist with a smooth transition.
The selling price includes all in-house equipment, display stock and trading stock, making this a simple transition for would-be new owners.

TRADE
Cairngorm Stoves attracts customers from across a wide geographical area. The business is a retail sales operation and works closely with a stove-fitter so that both parties can benefit from the range of services provided. Cairngorm Stoves sell stoves from world renowned manufacturers including; Morso, Jotul, Scan, Stovax, Riva, Dovre and Aga. There is an on-going demand for quality wood-burning stoves and their associated items. The ancillary items include an extensive range of stylish and practical fireside accessories including companion sets, log baskets etc.

This business has generated a high level of profitability over many years with a strong market place going forward. Cairngorm Stoves is a HETAS registered business which currently sub contracts its installation service. A new owner could easily take this in house which would significantly increase the turnover. The current trading regime is a 5½ -day working week with opening hours being: Mon - Fri 8:30am to 1pm and 2pm to 5pm plus Sat 8:30am 12:30pm.

The business has an excellent reputation and achieves a high level of customer satisfaction. The owners generate a great deal of business through customer recommendations plus through their website (www.cairngormstoves.co.uk).

THE PROPERTY
A modern and well-presented building, the business operation is laid out over the ground floor only with entry at street-level. The building is of block construction under pitched roof and is presented in excellent condition. Ample parking is set to the front of the building for staff and customer vehicles. The building extends to c379m2.

PUBLIC / SERVICE AREAS
The building has excellent signage and is easy to locate off the main road. The customer access is to the left-hand end of the building. A service entrance to the workshop is set to the right-hand extremity of the property and is suitable for vehicle access; ideal for deliveries etc. Within this area is a motorised forklift, ideal for heavy deliveries, which is included in the sale. Customer access leads into an initial display area and thereafter through to a reception counter which has a glazed office to the rear; the office space is set to two distinct areas for ease of work.

From the reception area customers can view the excellent and numerous shop displays of wood-burning stoves on offer. The unit is intelligently laid out in such a way that customers genuinely get a feel for the products on offer. There are a distinct number of display rooms which afford a degree of privacy for customers as they chat through their purchase choices.

Off the customer area is a spacious and well-appointed staff room with a kitchenette and storage plus a staff and customer W.C. To the extreme left hand aspects of the building is a large workshop and storage area with a W.C. and office space. There is additional storage in the loft area.

SERVICES
Cairngorm Stoves benefits from mains electricity, water and drainage.

RATES
The business has a rateable value of £10,000 (as at Apr 2018) attracting a 100% discount under the small business bonus scheme for qualifying applicants.

TRADE
The business trades with a high level of profitability c£56,000 as at March 2018. This is a consistently strong trading entity and would be an excellent acquisition for someone who has installation experience or a trade’s background. Full accounting information will be made available to seriously interested parties subsequent to viewing.

PRICE
Offers Over £100,000 are invited to purchase the leasehold interest complete with goodwill and all trade contents (according to inventory). The display stock and stock at trade plus all maintenance equipment is included within the sale price..
Tenure: Leasehold

Location Details:
Grantown-on-Spey has a variety of facilities for residents and visitors and sits at the confluence of three major tourism “trails” dedicated to golf, castles and distilleries. The town has a strong residential element with agriculture being another significant employer in the area. With its own excellent 18-hole golf course, Grantown-on-Spey is also near to 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.

The fact that the area (Badenoch and Strathspey population is c13,500) caters to an affluent population plus a strong tourism industry means that Cairngorm Stoves has a guaranteed and continual customer base for the business. The town centre is only a short drive away and has a host of shops and facilities. There is primary and secondary education within the town plus there is a wide range of social and welfare facilities.

Leasehold Term:
The property is leased from the Highland Council on a rolling 5-year lease; full details of the lease will be made available to genuinely interested parties post viewing

Downloadable Documents

Listed by: ASG Commercial

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CairngormStoves
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