INVERPARK STORES, INVER PARK, LOCHINVER, , IV27 4LN

GUIDE PRICE— £170,000 + SAV Freehold REF. 940 INVERPARK STORES, INVER PARK, LOCHINVER, LAIRG, IV27 4LN

 Popular licensed Convenience Store INTERNAL DETAILS The shop is laid out in a traditional convenience store style with the main sales counter  Genuine lifestyle opportunity located towards the front end of the shop housing a scanning till and associated point of  Located in desirable coastal village sale material.

 Currently run under management The main shop is equipped with a good range of fixtures and fittings throughout; two cen- trally positioned double sided aisle gondolas providing the display areas along with a se-  Scope to develop existing trade lection of refrigerated units along the perimeter.

 Net sales to 31/03/16 - £367,057 ANCILLARY AREAS A door to the rear leads to an external shelved storage unit whilst an internal staircase leads to further storage and an office area along with a staff w/c at first floor level. SITUATION Inverpark Stores occupies a prominent position in the port of Lochinver which is the larg- THE BUSINESS est settlement on the west coast of , north of Ullapool which lies 36 miles to the Inverpark Stores has been owned by our clients for 8 years, the last 5 of which the busi- south with the capital of the region, Inverness, 92 miles to the south-east. ness has been run under management.

The village still boasts a busy harbour, where vessels are spotted from many parts of the It has reluctantly been placed on the market due to the fact the owners have relocated world. Many are involved in some aspect of fishing although it is also popular for leisure from the area to look after other business interests. craft. The business trades as a traditional Village Convenience Store under the Nisa banner The backdrop to the village has some spectacular mountain scenery and stunning natural offering a good selection of groceries, chilled & frozen foods, confectionery and soft beauty with peaks such as Kanisp and Stac Polly. drinks. There is also a good range of beers, wines and spirits on offer.

Lochinver’s most famous feature is , a 2,389 foot high mountain which overlooks The operation of this style of business would be ideally suited to a couple looking for a the coastline. hands on input and due to its location in one of the most desirable areas of the High- lands it really is an ideal lifestyle opportunity. THE PROPERTY The subjects occupy a detached property over 2 floors formed under a pitched and tiled The business continues to trade profitably and would undoubtedly benefit from fresh ide- roof. Entrance is made via the gable end with plentiful parking directly outside the en- as to maximise profits and turnover. trance to the shop.

INVERPARK STORES, INVER PARK, LOCHINVER, LAIRG, IV27 4LN

TRADING INFORMATION Full trading profit and loss accounts will be made availa- ble.

TRADING HOURS Monday to Saturday 9.00am to 6.30pm Sunday 10.00am to 6.00pm

TENURE Freehold.

SERVICES We are advised that all mains services are connected.

STAFF The business is currently run under management with 3 part-time members of staff assisting the manager.

PRICE A guide price of £170,000 + SAV is sought to represent the heritable property, goodwill, fixtures and fittings.

Stock in trade is additional at valuation.

VIEWING Strictly by appointment via the sole selling agents Cornerstone Business Agents. Phone Cornerstone Business Agents 0131 445 7222 or email [email protected]. The Walled Garden, Bush Estate, Midlothian, EH26 0SD Phone 0131 445 7222 Fax 0131 445 4300 OFFERS E mail [email protected] All offers couched in Scottish legal terms should be submitted to the sole selling agents. www.cornerstoneba.co.uk

INVERPARK STORES, INVER PARK, LOCHINVER, LAIRG, IV27 4LN IMPORTANT NOTES RE. THIS BUSINESS

Sales Particulars & Web Listings Trading Figures & Accounts Please note any information contained in sales particulars or web listings for busi- As sales particulars are readily available to be downloaded from the internet it is rare nesses being marketed by Cornerstone Business Agents is intended for general guid- that confidential trading figures are included in sales particulars. For reasons of con- ance only and should not be taken as statements of fact. fidentiality accounts are in most cases only available after a formal viewing. We un- derstand that this can cause problems as it is pointless viewing a business that is not Prospective purchasers should always seek independent professional advice before affordable. We therefore suggest that you call Cornerstone and ask for the agent committing to purchasing a business. handling the sale who will give guidance on trading levels and profitability before you view. Viewing Appointments Whilst it is a good idea to visit a business that is being marketed for sale as a cus- Business Finance tomer before making a formal viewing, it is vitally important that such visits are car- There are a wide range of funding options available to assist with a business pur- ried out confidentially and that no approach is made to the staff, owners or custom- chase. Cornerstone work with a wide range of lenders and commercial finance bro- ers of the business. kers to ensure that purchasers of our clients’ businesses obtain the most advanta- geous funding facilities available. Please contact us if you would like to discuss busi- Many businesses are being marketed confidentially and the staff and locals may not ness finance options with one of our independent specialists. know that the business is on the market, therefore a casual approach can adversely affect the business. We strongly advise that business purchasers discuss funding criteria with a specialist broker at an early stage. Discussing funding criteria with a single lender is unlikely to Formal viewing appointments should always be made via Cornerstone Business result in the best funding solution being found. Please call 0131 445 7222 to speak Agents by calling 0131 445 7222 or completing our viewing request form. to one of our finance specialists.

If you wish to cancel an appointment or will be delayed please inform Cornerstone as Legal Aspects of Buying a Business in Scotland soon as possible. During out of office hours please call the business direct - however You will need to instruct a Scottish solicitor to act on your behalf when buying a busi- only speak to the person to whom your appointment is with. ness in Scotland. Scottish law differs from English law. It is important to instruct a solicitor who is experienced in buying the type of business you are considering. Please drop us an email at [email protected] or give us a call on 0131 445 7222 after you have viewed to let us have your thoughts and feedback on the Cornerstone offer a list of solicitors that we can recommend. Please drop us an business you have viewed. email to [email protected] for more information. www.cornerstoneba.co.uk