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Established Convenience Store In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
Offers from £10,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

The property comprises a Victorian-era tenement building of masonry construction arranged over five floors, providing retail space on the basement and ground floors with residential accommodation on the upper floors. The roof is pitched and appears to be clad in slate tiles.

The shop is accessed via a single timber-framed pedestrian door. Internally, the open-plan retail space is rectangular in shape. There is a host of metal adjustable display shelving, newspaper and magazine display racking, a fridge/freezer, a confectionery display to the side, and a tobacco gantry behind the counter. The floor is tiled, the walls are plaster/ paint, and the suspended ceiling incorporates fluorescent strip lighting. There is no gas supply to the property, and space heating is provided electrically. There is a mezzanine and kitchenette to the rear. Access to the basement is provided via a trapdoor.

Glasgow is Scotland’s largest city and is situated close to the west coast. There are four main motorways that run through the city, putting it at the hub of Scotland’s road network. The city sits approximately 50 miles west of Edinburgh and connects via the M8, the main motorway network serving central Scotland.

The property is located on the south side of Great Western Road, close to its junction with Bank Street. Great Western Road (A82) is a main thoroughfare west of the city centre. In the immediate vicinity, there are a number of bars, restaurants, and shops, with Kelvinbridge and St. Georges Cross Underground Stations within walking distance. The property also offers excellent road links provided by the M8 motorway. Nearby occupiers include Subway, Coopers, and Domino’s Pizza.

Tenure: The subjects are available by way of a new lease on full repair and insurance terms, at a rent of £22,500 per annum. Full quote terms are available upon request.

Offers: Offers in the region of £10,000 are invited for the goodwill of the business, fixtures and fittings. Stock will be in addition and at valuation.

Trading Information: Disqu Blu has been an established convenience store for over 75 years selling groceries, confectionery, tobacco and cigarettes, newspapers and magazines, ice creams, greeting cards, crisps, snacks and soft drinks. The business does not retail alcohol and trades Monday through Sunday from 6am to 6:30 .

The current owner-operators have decided to sell the business, thus creating an exciting self-employment opportunity. The operation prides itself on the personal touch, and it would be vital for any new owner to have the same ethos and outlook. The bespoke service the current owners provide is reflective of the success of the business and, in turn, the return on investment.

The sale of Disqu Blu provides an opportunity to acquire an easily manageable retail business. New owners will benefit from premises enjoying an established trading position on a busy thoroughfare. Extending the trading hours may provide scope to increase sales

Rateable Value: According to the Scottish Assessors Association, the subjects have a Rateable Value of £14,600.

EPC: A copy of the Energy Performance Certificate (EPC) is available upon request.

Key selling points:
Established business

West End location

Busy arterial route

Rare opportunity

VAT-free rent

Property Information

Property:

Freehold

Size in square feet:
1155 sqft