The subjects comprise a ground floor retail shop within a 3 storey building of masonry construction under a mansard type roof. The glazed single frontage with a recessed timber entrance door opens onto the ground floor retail area.
Internally, the floor is tiled and the suspended ceilings incorporate strip LED lighting. The walls are of plaster/paint and covered in fixtures and fittings to display stock. There is a host of metal adjustable display shelving, newspaper and magazine display racking, side serve over the counter with confectionery display to the front and tobacco gantry behind. A separate room to the rear of the property allows for ample storage and staff facilities.
Location
Montrose is situated to the east of the Montrose Basin and is positioned on the North East Coast of Scotland, approximately 30 miles north of Dundee and 38 miles south of Aberdeen. The A92 and A935 link the town to the trunk road network. It has its own railway station that links northwards to Aberdeen and southwards to Edinburgh.
The property enjoys good, passing trade and is located on the west side of Ferry Street, between the junctions of Hill Street and Commerce Street. To the east side of Ferry Street is a large industrial area with the GSK factory employing over 400 people. Nearby occupiers include Kwik Fit, The Caledonian and Police Scotland.
Accommodation
The subjects provide the following approximate floor area - 48.89 sqm (526 sq ft)
The above areas have been calculated on a Net Internal Area basis in compliance with the RICS Code of Measuring Practice (6th edition).
Terms
Ferry Stop is an established business operating as a convenience store selling groceries, confectionery, tobacco/cigarettes, newspapers and magazines, ice creams, greeting cards, crisps, snacks and soft drinks.
The business enjoys regular all year round trade from the many shoppers and workers, such is the trading position. The business trades Monday to Saturday 7am to XXXm and Sunday 7:30am to XXXm. The EPOS system provides a breakdown of sales and supplier invoices and confirms current weekly gross sales of over £8,000. This information will be shared with interested parties post viewing.
The sale of Ferry Stop provides an opportunity to acquire an easily manageable retail business. New owners will benefit from premises enjoying an established trading position on a busy pedestrian thoroughfare. The business has never retailed alcohol or delivered newspapers. In addition, extending the trading hours would provide scope to increase sales.
Our clients’ will consider selling their heritable interest for £130,000 by way of a going concern including goodwill, fixtures and fittings. Stock will be in addition and at valuation. Alternatively, our clients’ may consider leasing the property.