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Established Retail Business In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
Offers in the region of £30,000 Offers are invited for the business as a going concern to include go
Turnover:
Undisclosed
Net Profit:
Undisclosed

The premises comprise a ground-floor retail shop within a building of traditional sandstone construction, arranged over four floors under a pitched roof. There is residential accommodation on the upper floors.

The retail unit has a single-fronted display under a non-illuminated fascia board and is protected by a roller shutter. Internally, the premises have been fitted out as a sun-tan studio with a tiled floor, plaster or painted walls, and a ceiling incorporating LED box lighting. There is a reception to the front, behind which there are 4 treatment rooms, which include 2 vertical and 2 horizontal sun tan machines. A range of floor and wall-mounted fixtures and fittings are included with the business. A WC is provided to the rear.

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.

The property is located on Dumbarton Road between the junctions with Palladium Place and Edzell Street/Victoria Park Street. Elm Street is opposite the block. The A814 and the A739 both run close by, offering good links to the surrounding areas, while rail links are good, with Jordanhill Railway Station, Scotstounhill Railway Station, Partick Railway Station, and Hyndland Railway Station all situated close by. Nearby retailers include Dickson Pharmacy, Barclay Medical Practice, and Day-Today Express.

Tenure: The subjects are available by way of a new lease on full repair and insurance terms, at a rent of £9,500 per annum. Full quote terms are available upon request.

Offers: Offers in the region of £30,000 are sought for the goodwill of the business, fixtures, fittings, and stock.

Trading Information: Sunrays trades as a tanning studio. The current operators have decided to sell the business due to a change in circumstances, 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 business trades Monday through Saturday from 11:00 a.m. to 8:00 and is closed on Sunday.

Rateable Value: According to the Scottish Assessors Association, the subjects have a rateable value of £5,400. 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

Busy arterial route

Self-employment opportunity

Scope to increase turnover

Potential rates exemption

Property Information

Property:

Freehold

Size in square feet:
340 sqft