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Retail Property (high street) for sale

Peckhams, Byres Road, Glasgow, G12

Offers in Region of £119,995

Property Description

Key features

  • Located In Affluent Area
  • Well Presented, Leasehold
  • T/O 519K, Early Viewing Advised
  • Potential To Increase Turnover

Full description

Tenure: Leasehold

Bruce and Co. are privileged to introduce to the market this licenced delicatessen which was purchased and established by our clients over 28 years ago. Our clients are reluctantly offering the business to the market due to other business interests which has resulted in little to no time being spent on the business and are offering the business to the market in true walk in condition. The vendor advises that the cost of the refurbishment was in excess of 200k. Throughout their tenure, our clients have worked tirelessly to promote Peckhams Byres Road and have successfully established an excellent base of loyal clientele from local residents and workers as well as generating custom from further afield due to the first class service and produce on offer. We have been advised that income is derived through sales of wines, spirits and specialist groceries along with a very popular delicatessen counter which offers an exquisite selection of baked cakes, freshly baked breads, meats and lunch foods. Peckhams Byres Road trades very well with a high level of repeat trade but we believe new owners could maximise turnover further by applying for a licence to serve alcohol and also increasing the trading hours.

The property is located within Byres Road, the principal shopping centre for the West End of Glasgow serving as the main shopping centre for the large affluent surrounding residential population. The subject premises are located within a rapidly improving retail parade with some big name retailers nearby. The thriving West End is home to some of Glasgow's best regarded restaurants, bars and cafes. The subway system makes for easy transport around the city giving access to Strathclyde and Caledonian Universities in addition to the nearby Glasgow Uni and the area is served by frequent bus services. The M8 motorway is within easy reach and provides access to the main Scottish motorway network.

Fitted and presented to a superb standard, this well maintained unit is located on the ground floor of a traditional tenement block with shops running from one end of the road to the other. The shop comprises of two functional customer service counters with one located to the left hand side serving predominantly wine and spirits and the delicatessen counter in the centre of the shop floor in the form of a semi-circle with chilled display units. The shop floor has been well designed with ample shelving and display stands to provide an excellent shopping environment for customers and maximise display opportunities. Another attractive aspect of Peckhams Byres Road is the outdoor seating area which is particularly popular with passing shoppers on a sunny day where they can sample the large selection of specialise produce and teas and coffees on offer. The business would benefit by expanding this area. Inside, the business also benefits from indoor customer seating comprising of modern high stools at the window where customers can look out onto the bustling Byres Road. The present owners have recently commissioned plans to install an additional five booths. The property has food preparation area, ample storage areas and staff WC facilities all located to the rear of the premises.

Mon - Sun 08:00 - 22:00

Staff
The business is manager run with full & part time staff.

The property occupies an excellent trading position in a highly visible spot. The front of the property looks straight to street and there is ample on street parking in and around surrounding area.

Services
The property has mains water, drainage and electricity.

Trading Figures
Accounts available after formal viewing has taken place.


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