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Retail Property (high street) for sale

233 Glasgow Road - G72

£180,000

Property Description

Commercial information

  • Business for sale

Key features

  • PRICE REDUCED AND RENT REDUCED!!
  • Post Office Salary £60,000, Turnover in excess £9000 per week
  • Enviable Location
  • Lotto, Large retail floor space

Full description

Tenure: Leasehold

Description
Blantyre Post Office is an extremely well run business that has been run by the current proprietors since 1994. The property has been placed on the market due to the current vendors wish to retire. The business trades throughout the year, and offers an excellent range of general groceries, gifts and fancy goods along with main post office.

It enjoys much repeat custom, particularly due to its excellent reputation and extensive range of produce along with gifts and fancy goods.


Situation
Blantyre is a suburb to the east of Glasgow. The town serves as a well established commuter town. Blantyre benefits from being within 10 minutes of Glasgow city centre and is close to East Kilbride, Hamilton and Motherwell.

Blantyre Post Office sits prominently on the main street of the town. There is ample free on street parking surrounding the property.


Building Internal
The property is a terraced lock up unit. The main entrance is from the front which in turn leads to the main shop floor and storage area to the rear. The shop counter is located to the right on entering. To the rear of the shop counter is a large secure cigarette display.

The sales floor is well presented with a good combination of island shelve units and wall mounted displays.

To the rear of the shop via a small set of stairs, with disabled access you will find further shop flooring area. This area is used by the current vendor to display a wide range of stationary, toys and gifts along with some household items and fancy goods.

The post office counter is located to the rear of the shop. The fortress has 5 serving positions.

The post office is a main post office, offering foreign currency, dvla services along with all other main post office services.

The business also benefits from having CCTV.


Description
The business is Londis branded and offers a large selection of general grocery produce, frozen foods, chilled goods and tobacco products. The business also offers an excellent range of confectionery, soft drinks, newspapers and magazines along with stationary and small toys.


The business also benefits from having a Nation Lottery terminal, Scratch cards, Pay point and the Health Lotto.


Trading hours
0800-1900 Monday-Saturday
0830-1530 Sunday


Building Internal
As expected with a property the size and style of the Blantyre Post Office, there are amply service areas, including a large storage area to the rear of the shop, along with a managers office.

External
The property is straight to street with ample on street parking surrounding the business.


Services
We are advised all mains services are present.

Tenure
The property is held on the Scottish equivalent of Freehold.
The current vendor is looking to lease out the business and is willing to negotiate on a lease term with a minimum of 15 years. The annual rental will be circa £20,800 per annum.


Legal
The business trades with the benefit of a full Licence and conforms to all fire regulations.

Trading Figures
Accounts are available on request after a formal viewing has taken place.


Summary
The sale of Blantyre Post Office and Londis Store offers a rare opportunity to purchase a high quality, profitable business which is trading well but with potential for expansion of the business. It benefits from its excellent location within a highly populated residential area.

Price
Offers in the Region of £180,000 are sought for the leasehold, 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.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Map & Street View

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