Commercial Property for sale3-5 Guildford Street - KA28
- Business for sale
- Established for over 70 years
- Rare Business Opportunity, Presented in walk in condition
- Over 400 bikes, Toy Shop included
- Great return on Turnover
Bruce & Co. are delighted to introduce to the market Mapes Of Millport. The business has been successfully trading in the same family for over 70 years and has been under the very caring ownership of our clients for the past 25 years. The business has very reluctantly been placed on the market for sale due to their wish to retire. Mapes is extremely well known as it’s the longest established bike hire business on the island and trades with an excellent reputation. The business offers bikes for hire as well as for retail sale and also has a well stocked shop floor offering a good selection of toys and fishing products, all of which contributes to the business’s good turnover figure. The business operates successfully, yet there is still room to increase profits with additional marketing as the majority of revenue is received from word of mouth and reputation.
The business is well situated in the heart of Millport on the main through road. The business premises occupies an ideal spot for capturing the tourist market, being located opposite the beach area and the crazy golf, trampolines and swings etc. Also located next to the premises are the post office, confectioners, butchers and the bank. The coastal town of Millport is accessible via a 10 minute ferry journey operating regularly from Largs on the mainland. The area has a good range of amenities with primary schooling, health centre, library and a golf course on the island. This attracts a large number of tourists throughout the year who come to cycle around the Island or visit the award winning blue flag beach. From Largs, there are regular public transport connections via bus and rail to Glasgow, Ayr, Paisley and the West Coast of Scotland.
Mapes Of Millport occupies a traditional terraced property on the main road through the town. The business occupies 2 shop units with well-designed shop floors and features 3 large display windows attracting attention from the main street. The shop floor benefits from well-arranged display shelving which surrounds the floor and has two service counters. The business has 2 large storage areas to the rear along with separate garage, also accessed from the rear. These areas combined allow the storage of over 400 bikes. In addition, the property has staff WC facilities and a stock room upstairs. During our client’s time in the property they have not only carried out several renovations to a high standard but also increased space and extended the premises to allow them to cope with growing demand of the business.
Owner Run with 1 full time and seasonal staff.
Parking and public transport is available in and around the town.
The property has mains water, drainage and electricity.
Full trading information will be made available to seriously interested parties after a formal viewing has taken place.
The business is on offer on freehold basis.
The sale of Mapes Of Millport offers buyers with an attractive opportunity to purchase a unique specialist business with an excellent reputation at an attractive asking price. The business benefits from an enviable trading position with high footfall.
Offers over £299,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
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.
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.
Should you require further information on this or any other property, please do not hesitate to contact the office
Visit our website at www.bruceandco.co.uk for a range of other properties available.
Bruce & Co
Bruce & Co is the trade name of Bruce & Co Ltd. Registered in Scotland No: 190660.
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