The subjects comprise a mid-terraced double retail unit forming part of the ground floor and basement of a three-story and basement blonde sandstone tenement property under a pitched and slated roof. The upper floors appear to be residential in nature.
The glazed double frontage with a flush-glazed entrance door opens onto the ground-floor retail area. The ceilings in the main sales area are made of suspended tile and incorporate round LED lighting. The walls are plaster paint, and the floor is of a solid nature. A comprehensive range of floor and wall-mounted fixtures and fittings are included with the business.
A separate storage area to the rear is accessed off the main sales area, which includes a cold storage room. Due to the height of the ceiling, this area benefits from a mezzanine, which provides additional storage space. A stairwell at the side of the property allows access to the basement, which is currently being used for storage and benefits from a WC.
Glasgow is Scotland’s largest city and is situated in the central belt and on the west coast. There are four main motorways that run through the city, putting it at the hub of Scotland’s road network. The town sits approximately 50 miles west of Edinburgh and connects to the central belt via the M8 motorway network.
Pollokshields, which is a conservation area dating back to Victorian times, is located on the south side of Glasgow, approximately 3 miles south-west of the City Centre. The subject property is situated on the north side of Albert Drive, between it's junctions with Herriet Street and Keir Street. Excellent public transport links are available nearby, with frequent bus services operating on Albert Drive, and Pollokshields East Train Station is within easy reach, taking around 5 minutes’ walk. Nearby occupiers include Pollokshields Medical Centre, Oceana Hair & Beauty, Raja's, and HDS Foods.
Tenure: The subjects are available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £16,000 per annum. Full quote terms are available upon request. Alternatively, our clients’ may consider selling their heritable interest by way of a going concern and are open to offers.
Offers: Offers in the region of £40,000 are sought for the goodwill of the business, fixtures, and fittings. Stock will be in addition and at valuation.
Trading Information: Al-Hamra Food Store is an owner-occupied convenience store business. The business was established in 1992 and is currently generating c. £7,000 per week in retail sales. The business sells food, groceries, confectionery, meat, snacks, and soft drinks and enjoys regular all-year-round trade from customers, such as the trading position. The business trades Monday through Saturday, 10am to 8 p.m., and Sunday, 10am to 7pm.
The current owners have decided to sell the business with a view to retiring, 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 Al-Hamra Food Store provides an opportunity to acquire an easily manageable retail business. Full trading, profit, and loss accounts will be made available to seriously interested parties after the viewing stage.
Rateable Value: The subjects have a rateable value of £17,600, although discounts may be available to an independent operator, subject to status.
VAT: The subjects are not elected for VAT; therefore, VAT is not payable.
Key selling points:
Established business
Prominent location
Self-employment opportunity
Scope to increase turnover
Option to purchase property
