Spacious Freehold Convenience Store , Port Glasgow

Freehold £139,000

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This is an excellent opportunity to acquire an easily managed and profitable freehold convenience store.

Located in the centre of the Park Farm area of Port Glasgow this well established detached shop has little local competition.

At 96m2 (1,014sqft) this open plan store is not subject to rates making it a low overhead easily managed business.

Weekly sales between £7,000 - £8,000 with good GP margins from a mix of alcohol, tobacco and a wide range of frozen and convenience foods, soft drinks, confectionary, newspapers and household items.

Freehold property, business, equipment, fixtures and fittings for sale at offers over £139,000 plus stock at valuation.


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Type of business
Freehold licensed convenience store. This is a great opportunity to acquire a profitable well established spacious freehold convenience store in the heart of the Park Farm residential area of Port Glasgow.Port Glasgow has a population of around 15,000 and this store is in a densely populated area with little local competition.The shop is well equipped with large chilled and frozen food display cabinets and ample shelving.
Opening hours
6am - 9pm Mon - Thurs, 6am - 9.45pm Fri and Sat, 8am - 8pm Sunday.
Staff
Owner with one F/T and one P/T staff.
Tenure
Freehold property included in the sale price. Ratable value £5,100. The premises qualify for 100% rates relief so no rates are payable.
Premises
These detached premises are situated at 109-111 Oronsay Avenue in the park Farm area of Port Glasgow. This area is up on the hillside above Port Glasgow with great views north over the Firth of Clyde to Helensburgh and beyond. This spacious freehold property extends to 96m2 (1,014sqft) with good frontage onto the main road and ample parking on street and in the adjacent parking area. In addition to the main open plan retail area there is a store room and staff toilet.
Financial information
This profitable convenience store has weekly sales of between £7,000 and £8,000.   Sales are split fairly evenly 1/3 each between alcohol, cigarettes and food. Stock at cost is between £7,500 - £10,000.  Very low overheads make this a profitable owner managed business.  Further financial information can be made available to serious interest parties after viewing.