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Shop for sale

Port Street, Stirling, Stirlingshire, FK8

£54,950

Property Description

Commercial information

  • Business for sale

Key features

  • REF: 14610 I
  • LEASEHOLD
  • SWEET SHOP

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe are delighted to offer to the market an exciting opportunity to acquire on a leasehold basis this well-established traditional sweet shop with an enviable reputation.

Mr Simms Olde Sweet Shoppe is a true purveyor of the finest confectionery that has been under the ownership of our client for the last 7 years and is now reluctantly for sale as the current owners have decided that its time to take a well-earned retirement.

The business offers an outstanding selection of confectionery ranging from contemporary sweets, traditional sweets from both Britain and America along with retro candy, homemade chocolates and fudges to name a few. The business benefits from a high level of footfall from loyal repeat clientele along with a healthy amount of all year-round tourist trade due to the prominent trading location.

We feel there is still plenty of scope to further increase turnover with the revision of opening hours, along with undertaking a modest marketing campaign via social media & perhaps local radio along with expanding the retail lines currently stocked.

The business is immaculately presented and is truly one of the finest "turn key" operations available to purchase, and as such early viewing is highly recommended.


LOCATION
Mr Simms Olde Sweet Shoppe is located in the heart of the vibrant city of Stirling and is only a short walk to the city centre with all of its facilities and attractions.

Stirling has a fantastic selection of independent businesses offering a wide range of unique, quirky and high-quality products; along with all the major retailers you would expect to find in a major city.

Stirling is a vibrant City world famous for its impressive castle and it also features many other buildings of national importance and historical interest. The commuter links from Stirling are impressive with the M9 to Edinburgh, M80 to Glasgow and A9 to the cities of the north. There is a main line rail station linking to all these destinations.

PREMISES
Mr Simms Olde Sweet Shoppe occupies a double fronted retail unit extending to 68.30m2, with large window displays in a prominent trading location within the city centre of Stirling.

Entered from ground level into a bright and immaculately presented front shop.

The main area is fitted to a modern standard and is bright, clean and benefits from large centre display units running almost the full length of the shop, to compliment the perimeter shelving & display units, large glass topped serving counter with electronic till point can be found to the back of the shop, with further well-presented display area behind the counter.

To the rear of the shop is a separate office, storage and staff WC. The premises have been very well maintained to a high standard leaving nothing to be done for any new owner.

TENURE
We are advised the tenure is offered on a Leasehold basis.

Lease 11 years with 3 years remaining as of January 2018.

Rent 25,000 per annum.

HOURS
The business operates the following hours:

Monday - Saturday: 09:30 - 17:30
Sunday: 11:00 - 17:00

STAFF
The business is run and managed by the current owner with the help of 5-part time staff.

FINANCIAL PROFILE
The business reported a turnover of circa 243,716 as of the 2017 accounts, with a gross profit of 40%.

EXTRA NOTES
High level of footfall & passing trade.
Great Location.
Scope to further increase turnover.
Modern, bright welcoming retail premises.


Map & Street View

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