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Licensed Convenience Store & Newsagents In Gairloch For Sale

Gairloch, Highland
Asking Price:
£189,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

• Established and highly popular licensed convenience store and newsagents extending to c106m2.

• Excellent trading location in a highly desirable area within picturesque Gairloch, on the popular NC500 tourist route.

• Strong and consistent turnover with scope for further business development.

• A smart well-maintained business with excellent profitability, in a splendid seafront position.

• Much sought-after self-employment and lifestyle opportunity in a tremendous Highland setting.

Property information

Property:

Leasehold

Lease Terms:

The current owners are content to assign the 40-year lease for Offers in the Region of £189,000; full details will be provided to interested parties. The ground which the shop sits on is owned by the Estate of Gairloch and there is a long-term lease agreement pertaining to this with the current rent set at £700 per annum.

Location:

The Highlands of Scotland are famous for spectacular scenery and rugged mountains, a reputation which is comfortably upheld by the area surrounding Gairloch. Gairloch is a well-known tourist destination in its own right with its unspoilt coastline and stunning views over to Skye. Its rugged shoreline and beautiful sandy beaches appeal to a wide range of tourists and sporting individuals. The idyllic setting of this popular coastal village also makes it a desired location to set up home with its small and vibrant community; population sits at around 2,300 which swells greatly during the long tourist season. Gairloch has a strong sense of community, with schools, golf course and community facilities. Adjacent to the shop is an art gallery and the popular Old Inn is just a short walk away.

The North West Coast of Scotland attracts a large number of visitors to the area with its enchanting scenery and abundance of wildlife. The region continues to benefit from the popular North Coast 500 route which is drawing in new visitors to the area, recently recognised as one of the best driving routes in the world. Many holiday makers take advantage of the challenging hill and loch walks in the region, others capitalise on the excellent river and sea fishing. The more sedate sightseer may visit the many places of historic and cultural interest. Many tourists undertaking a touring holiday of the West Coast often stay over in Gairloch for a few nights prior to heading north to Ullapool.

Gairloch has a number of amenities including a butcher, golf course, petrol station, hotels, bed & breakfasts, community centre and both primary and secondary schooling together with two camping and caravan sites. The highland capital of Inverness is approximately 70 miles away and is reached through some of Scotland’s finest and most stunning scenery offering hillwalking, bird watching, hunting and fishing.

Premises Details:

DESCRIPTION
The Shop at the Pier is a most popular licensed convenience store and post office business situated in an exceptional trading location. Catering to a solid year-round demand from local residents with the addition of significant tourist trade within the summer months, turnover sits at around £410,000 (2017) generating strong profitability of circa £65,000. 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 well-presented store. Items available for sale include fresh and frozen produce, greetings cards, bakery lines, soft and alcoholic drinks, tobacco, newspapers and confectionery without being exhaustive; a popular draw is the sale of lottery tickets. The store provides for the daily needs of local inhabitants and benefits from a strong reputation and loyal customer base, 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 and post office counter is sensibly placed providing an ideal focal point for customer service and security. Adequate stock storage and staff facilities as well as a post office sorting office are located to the rear aspects of the premises. On the first floor is around 38m2 of office storage space.

The business operates 7 days per week; opening 9.00am and closing 5:30pm Monday to Saturday; Sunday opening is 10.00am to 5:30pm. The owners take a full hands-on role in the shop but also employ part-time staff. New proprietors may choose to open longer hours, there is currently housing developments underway in Gairloch which will provide additional business once completed.

THE PROPERTY
The property is of modern construction under a pitched roof with accommodation set over 2 floors.

TRADING & SERVICE AREAS
From a prominent roadside location on the harbour, the shop has a well-signed frontage and easy access including a disabled ramp for less able customers. The sales area is extremely well-maintained throughout and has a good range of flexible fixtures and fittings. The sales counter is immediately adjacent to 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 offer a wide choice of items. Aisles offer an easy passage for customers separated by freestanding display shelving islands which promote sales. Internally the shop benefits from CCTV. The post office sorting office sits to the rear of the subjects. A staff WC is situated on the first floor with an office area and additional storage spaces.

EXTERNAL AREAS
The business has a prominent roadside frontage with attractive signage. To the external aspects is a fruit and vegetable sales area and two sheds for additional storage. Parking to the side of the shop and unrestricted roadside parking provides for customer needs. Set to the front, overlooking the harbour, is a wildlife observation area; a local initiative providing an attractive tourist amenity.

SERVICES
Mains electricity, water and drainage.

Business Operation

Reasons for selling:

The present owners commenced trading in 2000 and have enjoyed the profitable and independent lifestyle that accompanies ownership of a successful business. It is the vendor’s desire to retire that brings this exciting opportunity to the market. 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.

Trading hours:

Monday to Saturday - 9am until 5:30pm
Sunday - 10am until 5:30pm

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Related Documents:

Contact Information

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