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Village Convenience Store with Post Office, Strathdon, Aberdeenshire, Scotland, AB36 8UL

£225,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Turnover for Y/E 31st Oct '23 £567,280
  • High Standard Fit Out Throughout
  • Unopposed Business for Surrounding Area
  • 5 Bed Home Available at Separate Negotiation
  • Ideal for New Entrant or Existing Operator
  • Energy Rating E
  • Christie & Co Ref: 5218628

Description

Description

The business has been operating within Bellabeg for circa 130yrs, with our clients running the shop and post office counter for the last eleven years. The business trades as a licensed village convenience store offering a vital and central focal point for the community with the nearest supermarket over 20 miles away. Considerable expense has been invested into the refurbishment of the shop premises over the years.

The Post Office counter provides an annual salary plus commissions and is an excellent footfall draw with locals and tourists. Our clients also branch out to provide bulk pet feeds and a ‘sale & return’ services to the local community for weddings, parties and other functions, which include the famous Lonach Highland Gathering that brings circa 10,000 visitors and is held on the fourth Saturday in August every year generating extra income to the business.

Location

Bellabeg is a small village in Strathdon, Aberdeenshire. It is located on the A944 which connects the A97 to the A939, providing access to the surrounding areas.It is around 42 miles west of Aberdeen, 30 miles north west of Banchory and 30 miles south east of Grantown-on-Spey.
Bellabeg hosts the annual Lonach Gathering (Highland Games) in the month of August which can hold up to 10,000 visitors on the day. With Bellabeg situated within the Cairngorms National Park, other attractions to the area include fishing, hill-walking, and bird watching. With the near-by Glenshee Ski Centre and Lecht Ski centre both offering both winter and summer activities such as skiing, snowboarding and mountain biking it ensures a stream visitors passing through the area all year.
Bellabeg also has a Primary School within walking distance while the local Doctors surgery and pub are also close by. Alford Academy, the nearest High School, is 20 miles away with Bellabeg being on the school bus route.

Internal Details

On offer is a very well presented and modern retail shop with high specification fixtures and fittings throughout. The property benefits from a modern tiled floor, suspended ceiling and air conditioning unit overhead.

A single entrance door opens into the store with soft drinks chiller, crisps and confectionary displayed leading to the service area. The counter contains a single till unit. Alcohol is merchandised on shelving behind the service point. Shelving holding household items and pet food lead towards the right hand side of the store where there is a coffee machine, fresh food chillers, two freezer cabinets and a gondola containing more grocery items.

To the rear of the store lies the Post Office counter with bulk pet food stored on shelving.

Other Floors

Above the shop there is a recently renovated storage space and office facilities.

Fixtures & Fittings

We have been advised that all trade fixtures and fittings are owned outright and included within the sale/purchase apart from coffee machine and oven which are free on loan from companies providing supplying the service.

Any personal items in the office remain our clients possessions.

External Details

The shop premises is a part of a substantial Victorian property located on a prominent corner plot fronting the A944. It is a two-storey property built in the mid to late 19th Century. The main property is formed under a pitched and slate roof.

The business premises can be accessed via a single glazed entranceway with prominent modern signage overhead. There is an area of ground for off road parking at the corner with Glen Nochty Road.

Owner's Accommodation

The vendors own the adjacent 5 bed home. This would be available for purchase at separate negotiation.

Other Property

To the rear of the shop is a detached store/shed mainly used for storage with tourist information also available. There is also a standalone toilet facility.

The Opportunity

A strong symbol branded store, Winner of the SPAR/ CJ Lang ‘Best Independent Community Store in Scotland 2022', located in the beautiful area of Strathdon.

With the Post Office offering much needed services for the community it provides a very loyal customer base with the business benefiting from consistent turnover and strong profit margins. This offers any new operator the chance to take over a well performing business unopposed in the area.
We recommend viewing this business and property to appreciate the opportunity in full.

Staff

The business is ran by our clients on a daily basis supported by part-time staff. Further information can be made available to interested parties.

Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply to any remaining staff.

Trading Information

Trading information shows turnover to have increased yearly since 2019. Turnover for year ending 31st October 2023 is £567,280 producing a strong gross margin of 25% and healthy profits.

Full trading profit and loss accounts will be available post viewing stage and on request.

Trading Hours

Monday to Saturday
8.00am - 6.00pm

Sunday
10.00am - 2.00pm

Tenure

Offered to the market on a freehold basis at an asking price of £250,000

Stock at valuation at date of entry.

Shop is independently ran and free of symbol group tie.

Application for Post Office to be completed by purchaser.

Business Rates

The current Rateable Value is £4,700 (As of April 2023) and therefore qualifies for 100% relief via The Small Business Bonus Scheme. This is subject to status and all interested parties are advised to check with the relevant Local Authority.

Regulatory

Alcohol License

Energy Performance Certificates

EPC 1

Brochures

Village Convenience Store with Post Office, Strathdon, Aberdeenshire, Scotland, AB36 8UL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Insch Station19.3 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5218628-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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