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Mace, 3 Bathurst Street, Douglas, Isle of Man, IM2 3HH

£129,590

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Unopposed Convenience Store
  • 28% Gross Profit Margin
  • Weekly shop sales: c £12,000 pw excl services
  • Heavily relied upon by the local community
  • Rare opportunity
  • EPC Exempt
  • Christie & Co Ref: 5613449

Description

Description

An extremely rare opportunity to acquire a long standing, well established convenience store within a busy residential and touristic setting.

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Location

This Mace branded convenience store is located on Bathurst Street in Douglas, Isle of Man. Douglas is the capital town of the Isle of Man, in the Irish Sea.

The Isle of Man offers a fantastic lifestyle opportunity to anyone moving to the Island.

Internal Details

The well-maintained retail area has tiled flooring, with a suspended ceiling incorporating recessed lighting.

There is racking, gondolas and display gantries offering household products, confectionery, bakery goods, dairy, canned goods, tobacco and alcohol. There is a storage area located to the rear and to the first floor.

Fixtures & Fittings

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The Opportunity

The business currently trades under a symbol brand banner and is presented to a good standard. It is heavily relied upon by the local community and is in a strong trading position, with no immediate competition in the nearby vicinity. The store also offers the National Lottery.

Staff

The store is run with two full-time and one part-time members of staff. Further information can be made available upon request, to seriously interested parties.

Trading Information

We have been advised that the store turns over circa £12,000 per week excluding services.

Full trading information will be made available to seriously interested parties following a formal viewing.

Trading Hours

The current trading hours are;

Monday to Thursday: 7:30am - 9pm
Friday: 7:30am - 10pm
Saturday: 8am - 10pm
Sunday: 9am - 9pm

Tenure

The current lease has 6 years of a 10 year term remaining with a passing rent of £18,000 per annum.

A copy of the lease can be made available to seriously interested parties.

Business Rates

Purchasers should make their own enquiries with the relevant local authority.

Regulatory

Premise licence.

Energy Performance Certificates

EPC 1

Brochures

Mace, 3 Bathurst Street, Douglas, Isle of Man, IM2 3HH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bangor, Northern Ireland Station59.0 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 5613449-lh. 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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