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Business For Sale, Loco Convenience Store and Post Office, 2 Main Street, Cairnbulg, Fraserburgh, AB42 8YJ

1,206 Sq Ft / Retail / Business for sale

Sold - Last updated: 19 April 2024

The subjects comprise a single storey traditional retail unit providing the following accommodation:

Ground floor: - open plan retail area, store room, office/store room and wc.

The business is currently trading as a Loco branded licenced convenience store and post office.

Location

The business is situated within the small coastal village of Cairnbulg which lies 4 miles east of Fraserburgh and 16 miles north of Peterhead in northeast Scotland.

The business is located on Main Street, which is a predominantly residential area.

Accommodation

The premises have been measured in accordance with the RICS Code of Measuring Practice – 6th Edition, the net internal area has been calculated as being approximately as follows:

Ground Floor – 112 sq m (1,206 sq ft)

Terms

THE BUSINESS - The convenience store occupies a good location having limited levels of competition nearby and plenty of residential properties surrounding from which to draw custom. The property has been maintained and is easily manageable for an owner operator providing flexible ground floor accommodation to suit any potential purchaser. The business offers a range of products as well as offering pay point, lottery and the post office, in addition the shop is fully licenced. The opening hours for the business are as follows:

Monday – Saturday: 7:00 – 20:00
Sunday: 9:00 – 17:00

TRADING FIGURES - Full accounts information will be made available to interested parties, following a formal viewing.

RATES - According to the Scottish Assessors website the property has a current Rateable Value of £5,700.

ENERGY PERFORMANCE CERTIFICATE (EPC) - A copy of the EPC is available on request.

PRICE - Offers over £145,000 are invited for the goodwill, fixtures and fittings of the business and the freehold interest of the commercial property.

TRADE INVENTORY - The trade inventory is not included in the asking price and is available through separate negotiations.

VAT - All figures quoted are exclusive of VAT if applicable.

ENTRY - Early entry can be afforded on conclusion of Legalities.

LEGAL FEES - Each party will be responsible for paying their own legal costs in this transaction.

Specification

  • Long established convenience store & Post Office business
  • Ideally located in a predominantly residential area
  • Offers over £145,000 invited.


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