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Freehold:
£299,950

Convenience Store Post Office Newsagents In Picturesque Location Premium Advert

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Further Details
Reference13356 / RightBiz
Status
FOR SALE
Advert ID185421
LocationCastle Douglas, Dumfries and Galloway
SectorConvenience Stores, Newsagents, Post Offices
Freehold Price£299,950
Annual Turnover£340,000
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Key Features
  • Price Reduced
BUSINESS
Hilton Smythe welcomes to the market Gatehouse Store Ltd. This multi-facet business was originally founded in 2010 and offers a monopoly trading position within this charming town, being very well supported by local residents and visitors to the area.

The premise is a great size with revenue derived from a well-stocked convenience store including a deli serving fresh food, sandwiches and hot drinks, off licence, newsagents and post office, a later addition to the business in 2015. The store is well-presented with stock clearly displayed throughout.

We believe the business could further income by offering Lotto sales and perhaps extending the existing newspaper delivery round in the area.

In addition, above the store is a large 3 bedroom flat, currently with a sitting tenant on 6 months terms.

Early viewing of this established business in this desirable location is highly recommended, with the business genuinely coming to the market due to our client’s other business interests, but would be happy to stay on as a member of staff if a new owner requires.


LOCATION
The business is located in the picturesque town of Gatehouse-of-Fleet, Castle Douglas in Dumfries and Galloway.

Gatehouse Store Ltd is at the heart of the community, located on the well-presented High Street, surrounded by a mixture of independent retail outlets, pubs, town centre amenities and residential homes.

Gatehouse-of-Fleet is a popular tourist destination, steeped in history and with breath-taking scenery sitting on the edge of the Galloway Forest Park, lovely coastal and upland scenery and a warm welcome from the local residents.

The area is easily accessible from the A75 connecting the town to the A74 and national motorway network.

PREMISES

Substantial double fronted shop set in a prominent position in the village with free street parking all around.

Entering the store is the serving area is to the right with the post office counter. A deli counter is also here, serving fresh food and sandwiches.

The walls of the shop are lined with shelving and display stands for newspaper, magazines and general convenience items. To the rear of the retail area is a large dairy fridge and further shelving.

At the back of the store is access to a store room, kitchen and external toilet.

Further room for post sorting, fully alarmed.

To the left is a further retail area with card display stands and general shelving.

The first floor is made up of a large flat with living room, bathroom, kitchen and 3 bedrooms.

TENURE
We are advised Freehold.

HOURS
The business opens:-
Monday to Saturday 7.00am – 8.00pm
Sunday 8.00am – 5.00pm

STAFF
The business is owner run and managed with the assistance of 4 members of staff.

FINANCIAL PROFILE
Please contact Hilton Smythe for further financial information.


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