Convenience Store for sale

Nisa & Post Office, 1 Mill Road, Alloa, Scotland, FK10 1JY

£119,500

Property Description

Commercial information

  • Business for sale

Key features

  • Retail sales c. 10,000 pw (ex services)
  • Post Office income c. 78,000pa
  • New store (opened 2015)
  • Fully operated under management
  • High quality fit out
  • Energy Rating D

Full description

Tenure: Leasehold

Description

A modern, ground floor shop premises forming part of a multi storey building with unconnected residential flats above. The shop offers an attractive curved double frontage, with inset product vinyls, prominent 'Nisa' branding overhead and an automatic sliding entrance doorway.

Location

The subjects are located along Mill Road which itself is set back from Mill Street/Shillinghill in a visible and accessible pitch. The immediate area forms part of Alloa's town centre, with nearby occupiers such as Argos and Benson for Beds.

Alloa itself is a principal town within the Clackmannanshire region, lying on the northern banks of the River Forth astride the A907 road route. The town lies approximately 7 miles east of Stirling and 5 miles north-west of Kincardine.

Internal Details

A stunning, high specification fit-out with a fantastic use of space in this unusual shaped premises. The fit-out was undertaken by Vertex prior to opening in 2015 and the quality can be fully appreciated in person. The store offers an open plan format with ceramic floor tiles and suspended ceiling overhead. A mixture of perimeter shelving and gondolas, intermixed with chiller unit displays. These units offer the modern energy saving doors to front and help promote that overall modern appearance.

The sales counter is located prominently and offers two EPOS tills with single Post Office alongside. An additional four Post Office service counters (two open/two fortress) are positioned towards the rear of the premises with a dedicated consultation section alongside.

Storeroom and staff toilet accessible from off the main sale area.

Tenure

Leasehold. The subjects are held on a 20 year lease until 2035 with a break clause available in 2020. 5 yearly rent reviews with a passing rent of £14,000 per annum. A copy of the lease will be made available to seriously interested parties only.

The Opportunity

This Nisa store was a new venture opening in March 2015 with the Post Office having been relocated from elsewhere in the town. To date the store has been a great success with sales now averaging around £10,000 per week (excluding services). The Post Office is branded as a 'Mains' operation therefore offering a full range of services to complement the retail business. Our clients have reluctantly decided to sell as they have a number of other existing stores to manage and various new project store openings in the pipeline.

Ideally this will suit an experienced or first time buyer that is looking to operate more hands on and can continue to grow sales and increase margins and profits. One particular area untapped is the 'Food to Go' range with limited options at present.

Staff

Further information is available on request.

Trading Information

Full Trading Profit & Loss Accounts will be available on request following a formal inspection of the premises. Additional departmental scanning reports and PO income statements will also be provided.

Trading Hours

Monday to Saturday:
7am-10pm
Sunday:
8am-8pm

Regulatory

Post Office: Transfer is subject to approval of the Post Office Network.


More information from this agent

Nearest station

  • Alloa (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Glasgow

4th Floor 46 Gordon Street, Glasgow, G1 3PU

0141 392 0902 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 station

  • Alloa (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Glasgow

4th Floor 46 Gordon Street, Glasgow, G1 3PU

0141 392 0902 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 6810959-lh. 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 Christie & Co , Glasgow. 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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