Convenience Store for sale

Londis & Post Office, 233 Glasgow Road, Blantyre, G72 0YS

£130,000

Property Description

Commercial information

  • Business for sale

Key features

  • Post Office commissions 63,462 to 31/03/18
  • Thriving and established local business
  • Great scope to increase current profits
  • PayPoint, Lottery & Scratchcards
  • Finance available subject to status
  • Energy rating G

Full description

Tenure: Leasehold

Description

The store occupies a Victorian mid-terrace unit, approximately 3,200 sqft in size on a prominent area of Glasgow Road, the main trading thoroughfare of Blantyre.

A large and welcoming store, it houses the main Post Office for the town along with a traditional convenience offering.

This store offers a great opportunity for a new 'hands-on' owner who can give the time and effort to develop the store to its full potential.

Location

Blantyre is located in South Lanarkshire and sits around ten miles South East of Glasgow City Centre and is easily reached by the nearby M74 motorway. The M73, M8 and M80 motorways are all within 4 miles distance. The town's railway station has regular services to Motherwell, Lanark and the surrounding area. There are also good bus links to East Kilbride and Glasgow.

The store is located on Glasgow Rd adjacent to the junction with Station Road. The local train station is situated approximately 0.5 miles along Station Road.

Historically a mining town, Blantyre has developed throughout the years into a bustling modern town with a good selection of local schools and facilities such as the Blantyre Leisure Centre.

Blantyre is also home to the David Livingstone Centre, a museum dedicated to the life and work of the explorer and missionary David Livingstone.

Internal Details

Open plan sales area that includes a traditional counter with tills and Post Office combi counter.

There are various gondola shelving units and slat wall shelving for general grocery and convenience items. There are various chillers on the perimeter walls for soft drinks and chilled food.

At the rear of the store sits a three position Post Office counter. This area of the store also provides space for stationery and various gift items along with general hardware for sale.

The Opportunity

The store is situated centrally on the busy thoroughfare of Glasgow Road in central Blantyre. It is one of the busiest privately-run Post Offices in South Lanarkshire. The Post Office income for the year to 31/03/18 was £63,462, which has increased year on year.

Retail turnover for the year to 31/03/18 was £383,418, generated mostly from traditional convenience offerings such as grocery, household, soft drinks, confectionery and greeting card sales.

Any new owner would have the opportunity to increase the shop turnover considerably by developing an extended convenience offering along with a dedicated 'food to go' offering. There is also the possibility of attaining a Premises Licence subject to approval by the relevant authorities.

This store has been owned by the same person for over twenty years and the owner feels it is now the time to retire. The store is presently fully staff run so a more hands on operator would be able to make further improvements to the business outputs and profitability. Increasing the opening hours would also be beneficial to any new operator.

Staff

The business currently runs with a mixture of part time and full time staff.

Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply to any remaining staff. Full details available on request.

Trading Information

EPOS data and account information will be made available to interested parties once a viewing has taken place.

Annual turnover of £383,418 with annual gross Post Office commissions of £63,462 to 31/03/18.

Trading Hours

Monday - Saturday 8am - 7pm
Sunday 9am - 3pm


More information from this agent

Nearest stations

  • Blantyre (0.4 mi)
  • Hamilton West (1.9 mi)
  • Uddingston (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Glasgow

4th Floor 46 Gordon Street, Glasgow, G1 3PU

0141 392 0902 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christie & Co , Glasgow

4th Floor 46 Gordon Street, Glasgow, G1 3PU

0141 392 0902 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Blantyre (0.4 mi)
  • Hamilton West (1.9 mi)
  • Uddingston (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Glasgow

4th Floor 46 Gordon Street, Glasgow, G1 3PU

0141 392 0902 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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