Traditional Licensed Convenience Store and Post Office with Owners Accommodation in Gatehouse of Fleet Available for Sale
Gatehouse of Fleet, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
18/04/24
- Advert ID
609985
- Reference
1654 / Rightbiz
- Call Agent:
- Freehold: £295,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
Traditional licensed convenience store and post office (ref 1654)
Licensed convenience store and Post Office. 3/4 bedroom owners accommodation included. Retail sales of c.£8,000 per week plus Post Office income. Substantial freehold property with large garden. Highly visible trading location. Scope to develop existing business operation.
FREEHOLD Guide price £295,000 plus stock at valuation.
This retail business is located on the High Street of the picturesque town of Gatehouse of Fleet in Dumfries and Galloway in the South-West of Scotland.
Gatehouse of Fleet sits on the main A75 routing close to other prominent towns in the area such as Kirkcudbright, Castle Douglas and Newton Stewart whilst Stranraer is 41 miles to the west and Dumfries 31 miles to the east. The cities of Carlisle (1.5 hours), Glasgow (2.0 hours) and Edinburgh (2.5 hours) are all reachable via the main road network.
The town has a population of around 1,000 and is a great spot for many outdoor leisure pursuits. Cardoness Castle is on the outskirts of the town with the beaches of Carrick, Mossyard and Sandgreen all nearby.
Owners Accommodation- There is independent access to the owners flat both from the front and the rear of the property. The flat briefly consists of 2 double bedrooms, 1 single room (currently used as an office), lounge/kitchen and bathroom with freestanding bath and walk in shower. There is a further double bedroom with its own access located just opposite the kitchen.
Our clients have owned this popular convenience store and Post Office since 2018 during which time they have developed the offering to cater for locals and visitors with a good range of products including utilising local suppliers as and when possible. The husband and wife team that operate the shop along with 3 other members of staff have reluctantly placed the business on the market due to health reasons.
As well as the Post Office counter income they also have one Outreach site where they supply Post Office products to the operator there.
There would be scope to knock through into the rear areas to extend the shop whereupon the offering could be extended. There is also an opportunity to look at extending the opening hours, currently only trading until 5.00pm.
The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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