Nairns Newsagent & Post Office, 28 Market Square, Duns, Scotland, TD11 3BY

A fantastic opportunity to acquire an exceptionally well-run Newsagent and Post Office business in the Scottish Borders. An established operation for many decades with the current incumbents now looking to retire after nearly 20 successful years.

The introduction of the 'Mains' post office service in 2014 has further enhanced the overall operation with the business consistently generating significant retained income levels each year. With consistent levels of turnover and producing a strong profit, the business offers a new owner an immediate return on their purchase while still having the capacity for further growth through the introduction of extra services, hot food option or extending the opening times.

We strongly recommend viewing this business to understand the opportunity further.

The subjects are located in the popular Berwickshire market town of Duns within the Scottish Borders. The town is situated approximately 50 miles south of Edinburgh and 16 miles west of Berwick-Upon-Tweed. Good local services and amenities service an immediate population of around 2,700 residents although a number of outlying villages are also with the general catchment area.

The subject property overlooks the main square and forms part of the shopping and administrative hub for the town. Free parking is available around the square although the majority of the localised trade are within walking distance of the town centre.

A modern, bright and open plan trading area is generally well equipped throughout. The modern appearance is enhanced due to the suspended ceiling overhead and wooden slat panelling along the perimeter walls.

A single EPOS service counter with post office combi is positioned to one side within the main front section of sales area. A two position post office counter is found to the rear with the various stationery and cards product lines displayed alongside. A storeroom and WC is located again towards the rear.

We have been advised that all trade, fixtures and fittings are owned outright and included within the purchase price.

Nairn's operates as a traditional newsagent with a strong weekly newsbill of around £2,000. The usual mix of confectionery, soft drinks and tobacco are also stocked, however, a particular success is the high quality mix of cards and stationary lines.

The business also offers a coffee machine, external ATM, National Lottery and and dry cleaning pickup/drop services.

The business is currently owner-operated with the assistance of a number of part-time staff. Further details available on request.

Turnover for year ending 31/1/23 was £368,276 with Post Office commission for the same year £41,395.

Full trading management accounts and departmental sales data will be available to interested parties post viewing stage.

Monday to Saturday
5am-5.30pm
Sunday
5am-1pm

A guide price of £250,000 is being sought for the freehold and goodwill.

Stock at valuation on point of entry.

The Rateable Value (effective 1st April 2023) is £10,200. 100% rates relief applies currently (subject to status), however, interested parties are advised to make their own enquiries with the relevant local authority.