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Drummore Stores, Drummore, Dumfries and Galloway, DG9 9PS

Key features

  • Turnover for Y/E 30/09/2024 £548,076
  • Unopposed Convenience Business
  • Post Office Combi Counter
  • Residential Mid Terrace House Included
  • Fantastic Redevelopment Potential
  • EPC Rating A (Store) - F (Domestic)
  • Christie & Co Ref: 6811113

Description

Description

Drummore Stores has proudly served the local community for generations, standing as a trusted and essential part of village life. For the past fifty years, our clients have successfully operated the store, creating a welcoming space that locals and visitors rely on daily.

As a licensed village convenience store, Drummore Stores offers a vital service in an area where the nearest supermarket is approximately 17 miles away.

The Post Office counter provides a steady income while driving consistent footfall from both residents and tourists.

Drummore's location near the Mull of Galloway Lighthouse and nature reserve attracts visitors year-round, creating excellent opportunities for additional revenue. Seasonal tourism, combined with strong local demand, makes this a thriving business with room for growth.

Location

Drummore is a picturesque coastal village at the southern tip of Scotland, proudly known as Scotland's most southerly point. Nestled along the stunning shores of the Mull of Galloway, it offers breath taking views of the Irish Sea and a tranquil atmosphere that attracts visitors year-round.

The Mull of Galloway Lighthouse and its nature reserve are major highlights, drawing thousands of visitors annually for spectacular walks, birdwatching, and panoramic sea vistas.

For outdoor enthusiasts, Drummore is a haven, offering coastal walks, cycling routes, fishing, and wildlife spotting. The village enjoys a mild climate and is close to attractions such as Logan Botanic Garden and sandy beaches, ensuring steady visitor traffic throughout the year.

Drummore boasts a warm and welcoming community, a local primary school, and essential services, with secondary education available in Stranraer and convenient school transport provided. Easily accessible via the A716 and just 17 miles south of Stranraer, Drummore is perfect for day trips or extended stays.

Owning a store here means becoming part of a unique destination that blends natural beauty, tourism appeal, and strong community spirit.

Internal Details

The store is currently profitable and well-positioned within its market, offering a solid foundation for future growth. There is clear potential to enhance returns through a targeted refresh or partial refit, bringing the premises up to modern retail standards and improving customer experience. Additionally, alignment with a national symbol group could unlock significant advantages, including updated branding, an expanded product range, and marketing support. Further revenue opportunities exist through extended opening hours, enabling the business to capture additional footfall and maximize income streams.

There is a large counter to the right of the entrance doorway which houses a two lane EPOS system along with a Post Office combi counter and lottery terminal. The sales area comprises of various gondola shelving, slat wall and perimeter refrigeration and centralised freezers where there are goods for sale that include general grocery, household, alcohol and confectionery.

There are newspaper and magazine displays along with a greeting card display. The shop is bright with LED lighting on a suspended grid ceiling along with linoleum tiled flooring. There is a staff area, storeroom and W.C to the rear of the store.

Other Floors

Above the shop there is a generous sized storage space that could be developed to enhance the store and income revenues. Additionally, the property features a spacious basement, currently utilized for convenient storage, offering excellent flexibility for future use.

Fixtures & Fittings

We have been advised that all trade fixtures and fittings are owned outright and included within the sale/purchase.

External Details

Drummore Stores occupies part of a substantial Victorian building, beautifully positioned on a prominent plot in the heart of the village. This two-storey property, dating back to the early 20th century, retains its traditional charm while offering modern functionality. The main structure is formed under a classic pitched slate roof, adding to its timeless appeal.

The shop entrance features a bright, welcoming doorway with contemporary signage that stands out to passing trade.

This unique setting combines historic character with practical amenities -perfect for a thriving village store and Post Office at Scotland's southernmost point.

Owner's Accommodation

This opportunity also offers a delightful mid terrace family home with accommodation extending to include a welcoming reception hallway, spacious lounge, formal dining room, fitted kitchen, three well proportioned bedrooms, two separate shower rooms and basement.

The Opportunity

Drummore Stores is more than a business-it's a cornerstone of the community and a destination for visitors exploring the Mull of Galloway. As Scotland's most southerly shop and Post Office, it enjoys a distinctive position that attracts both loyal locals and curious tourists year-round. With the Post Office offering much needed services for the community it provides a very loyal customer base with the business benefiting from additional income.
This offers any new operator the chance to take over a profitable business unopposed in the area. We recommend viewing this business and property to appreciate the opportunity in full.

Staff

The business is run 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 on day of transfer

Trading Information

Trading information shows turnover to have increased YOY since 2022. Turnover for year ending 30th September 2024 is £548,076 producing strong gross margins and healthy profits.

Full trading profit and loss accounts will only be made available after a formal viewing has taken place

Trading Hours

Monday to Saturday
7.30am - 5.00pm

Sunday
9.00am - 1.00pm

Investment Summary

Offered to the market on a Freehold basis with an asking price of £335,000. Stock at valuation in addition on date of entry.

Tenure

Freehold

Business Rates

The current Rateable Value is £3,350 (April 2023) and therefore may qualify 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

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Drummore Stores, Drummore, Dumfries and Galloway, DG9 9PS

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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

Affordability

Monthly repayments£1,680
Property: £ 335,000
Deposit: £ 33,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference Drummorestoressresi. 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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