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Established Retail Business In Falkirk For Sale

Falkirk, Stirling, UK
Asking Price:
On Application
Turnover:
Undisclosed
Net Profit:
Undisclosed

The subjects comprise a corner ground-floor retail premises within a two-story building of masonry construction under a pitched roof.

The property is accessed via a recessed entrance way, which leads into the main sales area, which is open-plan. A separate storage area is accessible off the main sales area, which includes a kitchenette and WC to the rear. The ceilings in the main sales area incorporate fluorescent strip lighting. The walls are painted and covered in fixtures and fittings to display stock. The floor is of a solid nature and is covered in carpet. Access to the secure yard at the rear of the property is provided from the back of the shop. The yard has 2 outbuildings & a steel container that is used for storage.

Falkirk is the main town in the central belt of Scotland, lying close to midway between Edinburgh and Glasgow and forming the main administrative centre for the surrounding district. The A904 Ladysmill is in close proximity and provides direct access to the M9 motorway. Falkirk Grahamston is the nearest train station, located a short distance to the south of the property.

The subjects are situated on the western side of Grahams Road to the north of its junction with Gowan Avenue, lying on the northern periphery of Falkirk’s principal town centre. Grahams Road comprises part of the main access roadway into Falkirk from the north. Nearby occupiers include Farmfoods, The Croft and Creel, Papa John's Pizza, and Falkirk Pharmacy.

Offers: Offers are invited for the business as a going concern to include goodwill, fixtures and fittings, plus stock at valuation.

Tenure: The subjects are available by way of a new lease on full repair and insurance terms, at a rent of £7,250 per annum. Full quote terms are available upon request.

Trading Information: DIY Falkirk is an established business operating as a hardware sales store and timber merchant. The business enjoys regular all-year-round trade, such as the corner trading position. The business trades Monday to Friday, 9am to 5:30 and Saturday, 10am to 4pm.

The current operator has 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 DIY Falkirk provides an opportunity to acquire an easily manageable retail business. Accounts will be made available to seriously interested parties after the viewing stage.

Rateable Value: According to the Scottish Assessors Association, the subjects have a Rateable Value of £7,100. The occupier may be eligible for rates relief, subject to status.

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

Key selling points:
Established business

Prominent corner property

Self-employment opportunity

Potential to increase turnover

Potential rates exemption

No VAT on the rent

Property Information

Property:

Freehold

Size in square feet:
614 sqft