Retail Property (high street) for sale

31-33 Mcneill Avenue - EH20

£100,000

Property Description

Commercial information

  • Business for sale

Key features

  • Enviable Location
  • freehold
  • Licenced
  • Well established

Full description

Tenure: Freehold

Situation
Ali Brothers is located on McNeil Avenue within the popular suburb of Loanhead, on the outskirts of Edinburgh, benefiting from being surrounded by residential properties.

The property occupies an enviable location with ample on street parking.
Loanhead is administered by Midlothian Council, and following recent boundary changes lies in the new ward of Midlothian West, served by three Midlothian Councillors. At a local level, the Community Council provides a forum at which local views can be aired. Loanhead continues to grow, largely due to the influence of the continued development of Straiton Retail Park which includes one of only two IKEA stores in Scotland, but also increasingly as a dormitory town for Edinburgh, parts of which are under 20 minutes away.

Loanhead is well known for its annual gala day, also known as "Children's Day". A book to commemorate the 100th Anniversary was published in 2003. Since 2001, an annual weekend music festival, Loanhead Music Festival, has been staged. This increasingly popular event attracts a wide range of mainly acoustic musicians to the town each June, and features around eight venues. As an offshoot from the Festival, Loanhead Guitar Club meets on Wednesday evenings to provide informal tuition and practice opportunities in guitar and other instruments for over 18's.

The town has three primary schools - Paradykes, St. Margaret's (Catholic) and Loanhead Primary. The two schools are on the same site but separate allowing the separation of Roman Catholic and secular education but children are able to mix in a range of activities. Several community groups run a variety of clubs including five a side football and Girl Guides. Loanhead has a small but well used and appointed leisure centre, a small library and a health centre as well a range of local businesses. A large, modern industrial estate with around 100 different concerns provides a wide range of jobs for local residents. A new park and ride facility, provides a h

Building Internal
The property is a lock-up unit, occupying the ground floor of a detached building. The front is straight to street with a traditional frontage. The entrance is from the front which in turn leads into the main shop. On entering the service counter is located directly to the left, with a large secure tobacco display located behind the counter. The shop is fully fitted with display shelving, and a both frozen and chilled storage.
To the rear you will find a well proportioned stock room, staff kitchenette, WC and office area.


Building External
The front of the property is straight to street occupying with ample on street parking

Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of a freehold



Accounts
We are advised the business is taking in the region of £3000- £4000 per week in gross sales.



Summary
The sale of Ali Brothers offers a great opportunity to purchase an established and well performing business. Viewing is highly recommended

Call to Action
Offers in the region of £100,000 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.



Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.

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.

Trading Hours
The business trades from:
0530-2130 seven days per week


Description
Ali Brothers, is a busy business which has been run by the current proprietor since 2000. Although the business is trading extremely successfully, there is still opportunity to expand the business. The business benefits from having an off sales licence, which is not utilised by the current vendors. This would add significant turnover and profits to the business. The business is being sold due to the current vendors wish to retire from the retail trade.

The business trades from:
0530-2130 seven days per week


The business offers a good selection of general groceries, newspapers, cards, magazines, chilled produce, confectionary, cigarettes and benefits from having payzone.


Nearest stations

  • Eskbank (3.0 mi)
  • Newtongrange (3.6 mi)
  • Shawfair (4.3 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

  • Eskbank (3.0 mi)
  • Newtongrange (3.6 mi)
  • Shawfair (4.3 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 45802. 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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