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Retail Property (out of town) for sale

Aultbea Retail ShopAultbea,Wester RossIV22

Offers in Excess of 155 sq. m. | £15,000

Property Description

Commercial information

  • 1,668 sq ft (155 sq m)

Full description

Tenure: Leasehold

This retail premises is located on the outskirts of the village of Aultbea in beautiful Wester-Ross. The existing business was established in 1984 providing the vendors with a sound income during that time. It is their impending retirement that brings this sound business to the market. The business is a family run business which sells a range of general groceries as well as excellently prepared meats etc. The business generates a sound turnover demonstrating a sound level of demand for services. However, the business as it stands could be developed further by new motivated owners either through an expansion of the current building to increase the sales area or to change the present trading model. The current business operates year-round but is especially busy in the main tourist season with the influx of visitors to the area. The location of the Shop is adjacent to the village therefore attracting significant local business but it is on the main road with good signage and therefore attracts significant passing trade. The building has sufficient size (circa 155m2 Net Internal Area) and scope to be used for a wide range of business options subject to the necessary consents. The subjects extend to approximately 0.39 of an acre which provides scope for new owners to investigate further development options. The sale of this property offers new proprietors the opportunity to own a retail outlet as it presently stands which has a strong trading history or a property with further development potential.

LOCATION
The West Coast of Scotland is famous for its micro-climate, spectacular countryside and rugged mountains which in turn meet the stunning coastline and beautiful beaches. The wonderful scenery and the traditional community of Aultbea combine to make the area highly popular with those seeking a relaxing holiday in the Scottish Highlands and wishing to settle in a most charming location. Such are these enduring attributes that the business enjoys a loyal client base and a good level of on-going trade. The village of Aultbea benefits from other retail outlets and two hotels plus there are a large number of holiday homes, chalet parks and bed and breakfasts in the locality which draw in a high number of tourists during the main summer season. There is a wide range of activities available befitting its coastal setting including sea-fishing and sailing, in addition to a wide range of birdlife. The beautiful Scottish terrain offers varied degrees of challenge from the more leisurely hill walking to more stretching mountaineering. Golf, freshwater fishing and simply relaxing amidst un-spoilt surroundings are other favoured options. Most social facilities and services are provided in Gairloch 12 miles away with Inverness being the nearest city 75 miles away.

THE PROPERTY
Built circa 1975, the property is constructed of concrete block finished in Skye Marble Chip with a sloping metal box profile corrugated roof supported by Scandinavian pine beams. The subjects extend to 0.39 of an acre with ample car parking and some development potential. The internal layout of the property is in two main aspects; the sales area and the production area. The shop sales area is accessed via a single glazed door to the front with the main service counter to the fore upon entering. A ladies / gents wash room and small changing room is to the right of this customer service space. The main part of the rear production area is in an open plan configuration allowing for the smooth processing of products. Additional work areas include the spacious office, a compressor and store room, a cold room and a deep freeze room. Throughout there are ample work stations including wash-up and bakery areas.

EXTERNAL
The business benefits from excellent road-side signage. Off the main road vehicular access is across a cattle grid. The external aspects of the property are mainly laid to grass with trees and shrubs. There is a hard-standing parking area to the side and front of the property.

SERVICES
The property benefits from mains 3 phase electricity, water and drainage. It has electric heating and an efficient hot water system.

EPC RATING
The Energy Rating of the property is 'E'.

TRADE
Full trading figures will be provided post viewing.

LEASE DETAILS
Capital Premium: 15,000. Rent: 12,000 p.a. (In-going Rent Incentives 6000 - year 1, 10,000 -year 2, 10,000 - year 3). Rent Payments: Monthly in advance. Rent Reviews: Every 5 years in line with RPI. Lease Duration: 10 Years plus Option to Purchase (100% Capital repayment if within 2 years; 75% if 3 years). Leaser Type: Full Repairing and Insuring.


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