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Popular Post Office And Convenience Store In Poolewe For Sale

Poolewe, Highland, UK
Asking Price:
£275,000
Turnover:
Available on request
Net Profit:
Available on request

• Quintessential village Post Office and convenience store serving the local communities around Poolewe, set on the beautiful West Coast of Scotland.

• Set amongst stunning coastal and rugged countryside scenery of Wester Ross, within a prominent and highly desirable trading location, on the North Coast 500 route.

• Sustainable year-round business operation generating a solid turnover with peak trading over the tourist season providing a profitable home and lifestyle business.

• Ground floor retail areas extending to circa 80m² plus around 60m² of basement storage and staff facilities.

• 2-bedroom self-contained flat located above the shop either for owners accommodation or letting.

Property Information

Property:

Freehold

Living Accommodation:

There is owner’s accommodation located in the 2-bedroom flat over the trading areas. This accommodation has a private entrance from external stairs and benefits from a compact fitted kitchen which is fully electric, shower room and lounge. The accommodation has storage heaters. This unit could either be used as the owner’s accommodation or rented out, as is currently the case.

Location:

The West Coast of Scotland is known for its mild climate and the unspoilt countryside and traditional communities make this area popular with those seeking a change of lifestyle. The surrounds of Poolewe and nearby countryside offer stunning coastlines with sheltered sandy beaches and island views, plus spectacular countryside and rugged mountains. These features are a major draw to visitors, making the area highly popular with those seeking a relaxing holiday in the Scottish Highlands. The area also offers some of the finest field sports in Scotland as they have historically, particularly for trout / salmon fishing and deer stalking. The coast is famous for its sailing, while inland, mountains and moorlands offer spectacular scenery, hill walking and climbing. Nearby is the National Trust for Scotland Inverewe Gardens, a 50-acre garden of specimen plants.

The idyllic setting of this popular coastal village is also a popular location to set up home with its small and vibrant community; its population sits at around 230. There is a local primary school and secondary schooling is available in Gairloch about 5 miles away with a free bus service for children to and from school. Further shops and amenities are available in Ullapool and Dingwall. Inverness, just over an hour away, has all the facilities of a major city including its airport with regular flights to the south and Europe.

The post office sits above the river Ewe, overlooking Lock Ewe and the Inverewe Gardens. The North West Coast of Scotland attracts a large number of visitors to the area with its enchanting scenery and abundance of wildlife. Businesses in the region have in recent times benefitted from the NC500 tourist route which is drawing in new visitors to the area.

Premises Details:

DESCRIPTION
Poolewe Post Office and Stores is a charming village amenity ideally positioned in a most prominent trading location on the NC 500 tourist route, on the A832. This attractive community shop generates a solid year-round customer base with peak trading during the spring and summer seasons, benefiting from the influx of tourists to the area. The property extends to around 140m² and is the only post office within the locality providing a service to the broader community and visitors to the area. Internally, the retail aspects are easily accessible with all sales areas being intelligently laid out utilising a range of non-ambient storage, shelving units and display stands. The prominent sales counter is situated just inside the main entrance affording excellent control of customer areas, with the Post Office Counter being set to the rear aspects of the shop. To the basement is a spacious area extending to about 60m2 offering flexible storage, staff facilities, a bakery area and a post office sorting area. A cosy 2-bedroom attic flat with a lounge, shower room and kitchen provide either compact owners accommodation or a holiday letting unit. These 3 elements combine to make a flexible lifestyle business and home.

TRADE
Poolewe Post Office and Stores is a compact retail unit with customer areas extending to around 80m2. However, there is ample storage in the basement level, extending to circa 60m2, to support the needs of the trading aspects. The current owner is a sole trader and is supported by a small team of part-time employees. The business offers a full post office service, and convenience store, which includes; greeting cards, gift lines, stationery items, LPG gas cylinders, cleaning products, wide ranging groceries, alcohol, to name but a few of the items sold. The present trading configuration makes it an easy-to-operate business but there is scope to expand the trading platform.

The current business model generates a turnover of circa £390,000 (Jun 20 to May 21) and it is believed a couple trading the business could produce an adjusted net profit of around £60,000. The business has produced consistent profitability over many years and is a highly sustainable trading entity, enjoying both strong local trade and visitor footfall.

OPENING HOURS
The shop is a year-round operation and opens from 09:00 to 18:00, Monday to Saturday and is closed on a Sunday. There is scope to extend the trading hours to include late opening and to open on Sundays; this would be particularly advantageous in the busy main season.

THE PROPERTY
From a prominent roadside location, the premises have a modern and well-signed frontage, on the popular NC500. There is ample road side parking in front of the building and separately within a short walking distance of the shop. The property was built in the early part of last century, extending across 3 levels. Constructed of brick/stone and render, the building has a pitched slate roof. The ground floor is accessed by a ramp and steps from the road side parking and provides entry to the main retail sales and post office counter areas. Internally the shop is configured to a ‘U’ layout and utilises a good range of flexible fixtures and fittings including free-standing displays. There is a range of freezer and refrigeration storage units. The main sales counter is situated immediately inside the main entrance, providing practical control of the product display areas and facilitating good customer service. The post office counter is located to the rear of the shop. The basement area is accessed from internal stairs but entrance can also be gained directly from outside, affording ease of access for deliveries etc. In the basement is an array of storage units including a walk-in freezer. It also provides for staff / office facilities and affords an area for the Post Office sorting office. There is a bakery area within the basement which is currently not used but has potential to be resurrected. The first floor provides a 2-bedroom flat, which is directly accessed from outside.

SERVICES
The property benefits from mains electricity, water supply and drainage. Heating is provided by electric heaters. The store is fully covered by an internal alarm system.

Business Operation

Reasons for selling:

The present operator purchased the business in January 2002 and it is their desire to retire that brings this attractive business to the market.

Other Information

Related Documents:

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