Retail Property (high street) for sale

798 Shettleston Road - G32

£72,500

Property Description

Commercial information

  • Business for sale

Key features

  • Highly Sought after Main Road Location
  • Recently Refurbished to new Post Office Structure
  • Long established / Post office Commission
  • National and Health Lottery Terminals

Full description

Tenure: Leasehold

Description
Carntyne Post Office is a well run and popular post office which has been under our client’s ownership for the last 5 years. The business has reluctantly been offered to the market due to health reasons. We have been advised that revenue is derived from a variety of gifts, confectionery, cards, cigarettes and stationery in addition to a generous post office commission. The post office has undergone a recent refit and refurbishment as part of the Post Office regeneration programme and the shop is presented to an excellent standard. The post office is heavily relied upon and well supported in the local community by neighbouring businesses and it receives a high level of footfall due to its main road location. Although the business is trading successfully, there is further potential to increase revenue by expanding the retail items on offer and longer opening times.

Trading Hours
Monday - Saturday
8.30-5.30

Staff
Owner run with part time staff.


Situation
Shettleston Road is well situated for passing trade as it is the main from Parkhead to Baillieston. Public transport includes bus and rail links to the city centre and surrounding areas, which give access to bars, restaurants, cinemas, theatres, universities and hospitals.

Building internal
Carntyne Post Office occupies a prominent trading position in a highly visible spot on the main road through Carntyne. Entrance to the Post Office is from the front of the property and the shop benefits from two display windows. The premises are on one level on a purpose built row of shops. Inside, the shop floor is effectively designed with functional shelving and display stands offering a range of cards, gift ware and stationary etc. Three customer service counters run the length of the shop two of which are dedicated to the post office and a separate one for both post office and retail. The property also benefits from storage area to the rear with staff WC facilities.

Building External
Parking is available directly outside the property.


Services
The property has all main services connected.


Accounts
Accounts available after formal viewing has taken place.

Tenure
The property is held on a 21 year lease with 17 ½ years left with rental of £4,680 PA


Summary
Carntyne Post Office presents buyers with an excellent opportunity to buy a heavily relied upon business which is trading well but has further potential. The business is well supported in the local community by residents and business and benefits hugely from its location.

Offers
Offers over £72,500 are sought for the fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.


Call to Action
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Nearest stations

  • Carntyne (0.2 mi)
  • Shettleston (0.7 mi)
  • Carmyle (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Carntyne (0.2 mi)
  • Shettleston (0.7 mi)
  • Carmyle (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 43926. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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