Spar Convenience Store Retail Park, Dornoch, IV25

Offers Over Spar Convenience Store £35,000 (Leasehold)

(Rent - £1,400 pcm) Retail Park, Dornoch, IV25 3QY Highly popular and long- Excellent central trading Easy-to-operate self- A smart well-maintained business Service support areas established licensed location within Dornoch employment opportunity, with spacious retail trading areas include external convenience store set within retail park providing easy with strong and consistent (c140m2) and flexible internal layout, storage, staff W.C. the ever-popular town of access and ample parking turnover plus modern fixtures and fittings and office Dornoch DESCRIPTION Spar Convenience Store is a most popular licensed grocery business situated in a superb trading location within the idyllic town of Dornoch. Set in a prominent position within a retail park, this spacious and well laid out property has a net internal area of about 140m2. The retail elements were fully refitted in 2018 and comprise wall mounted displays and free-standing isle units. Large multi deck refrigerated units and freezer display cabinets show produce to best effect. Spacious stock storage facilities and convenient access for deliveries is another attractive feature of this well-presented store. A sales counter is located close to the entrance providing an ideal focal point for customer service and security. The shop has an internal ATM machine, which draws in footfall. Adequate stock storage and staff facilities are located to the rear of the property.

TRADE The business caters to a solid year-round demand from local residents with additional tourist trade within the summer months. Turnover is high generating the potential for sound profitability. Trade is driven through traditional grocery and news agency sales which have evolved over recent times to include a wide range of merchandise in this smart, exceptionally well-presented store. Items available for sale include fresh and frozen produce, greeting cards, bakery lines, soft and alcoholic drinks, tobacco, newspapers and confectionery without being exhaustive. The store is popular for the sale of lottery tickets.

Providing for the daily needs of local inhabitants the shop is well regarded and this is reflected in the consistently high sales. The business has a solid reputation locally and benefits from a loyal customer base. There is little doubt that this retail operation represents a solid and sustainable income for hands-on operators. The general trading aspects open;

Monday – Saturday 7am to 7pm Sunday – 8am to 6pm

REASON FOR SALE The current vendors wish to reduce their workload and focus on other business ventures. This leasehold opportunity offers the scope for new owners to acquire a desirable self- employment opportunity and build upon the successes of this vibrant business.

THE PROPERTY The property is of modern construction dating from the early 2000’s. The business is set on the ground floor only, over 140m2; the property is fully double glazed and has access through the rear for ease of deliveries.

LOCATION The Royal Burgh of Dornoch is within the historical county town of Sutherland, overlooking the Dornoch Firth. The town has a population of c.1300 which swells greatly during the main tourist season (Easter to October). A designated National Scenic and Conservation area, Dornoch is a popular and tranquil location with a unique atmosphere, outstanding scenery and a mild micro climate making Dornoch a popular visitor attraction for many.

The world renowned Royal Dornoch Championship course is a wonderful venue and a challenging test of golfing skills. Dornoch offers visitors and residents alike a good range of facilities and amenities including shops, hotels, golf schools and FE College plus its Seaside Award for its clean bathing beach.

The area has a much broader appeal with walks, fishing, field sports, and water sports all being readily available. There are a great many places of historic interest within an hours’ drive. The town has some excellent Sandstone buildings, including the c.13th Century Cathedral, the Bishop’s Palace (now a Hotel), the Courthouse and Old Town Jail.

The town has a charm and elegance that makes this a very popular residential area. Dornoch is only an hour from Inverness Airport with the main arterial A9 route (Inverness to Thurso) at the road end. Tain is just over 9 miles away which has an extensive range of specialist shops and services.

TRADING AREAS From a prominent roadside location, the premises have a well-signed frontage and easy access. The sales area is extremely well maintained throughout and has a good range of flexible fixtures and fittings. The sales counter is set to the left-hand wall upon entering via the main entrance providing sensible security coverage of the sales area.

Extensive bays of shelving offer an excellent display of numerous grocery items throughout the perimeter of the store and large chilled / freezer cabinets offers a wide choice of items. Aisles offer an easy passage for customers separated by freestanding display shelving islands which promote sales.

SERVICE AREAS The office sits to the rear of the trading area and benefits from a security camera which monitors activity within the shop. A staff W.C. is also located here. Storage is located in a unit behind the shop.

OWNERS ACCOMMODATION There is no owner’s accommodation with this property.

SERVICES The property benefits from main electricity, water and drainage. The shop has a security system and CCTV coverage.

LICENCE This business operates under the Licensing Scotland Act 2005 and a copy of the licence will be made available to interested parties post viewing.

ACCOUNTS VIEWING This established retail outlet has a rising turnover with significant All appointments must be made through the selling agents: further growth potential. Full accounting information will be made ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR available to genuinely interested parties subsequent to viewing. T: 01463 714757 (5 lines) E: [email protected] W: www.asgcommercial.co.uk PRICE Offers over £35,000 are invited for the assignation of the leasehold interests of the business plus the goodwill and trade OFFERS contents (according to inventory). Stock to be purchased by All offers should be submitted in writing to ASG Commercial Ltd independent valuation at cost. with whom purchasers should register their interest if they wish HOTELS to be advised of a closing date. GUESTHOUSES RATES LICENSED The rateable value of the property is £11,390 as at April 2017. The RETAIL units benefit from 100% rates relief under the Small Business OFFICES Bonus Scheme meaning a payment liability is nil for eligible owners. INDUSTRIAL UNITS LEASE 12 year fully repairing and insuring lease, rent set at £1,400 pcm with rent reviews every five years in line with RPI. Condition survey will be carried out at mutual cost.

EPC RATING The EPC rating of the property is ‘TBC’. 17 Kenneth Street Inverness DIRECTIONS IV3 5NR See location map. Telephone FINANCE & LEGAL SERVICES 01463 ASG Commercial is in touch with several lenders who provide 714757 specialist finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who can act in all legal matters arising. www.bedandbreakfastsales.co. uk