Newsagent and Convenience Store For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this thriving newsagent business, which incorporates a substantial general store, offering a wide range of household goods, as well as gifts and fancy goods. Major's enjoys a busy trading position in a busy main street site in Larkhall centre and benefits from being able to offer customers well priced items locally that they would normally have to travel to the larger towns and supermarkets to obtain. The busy newsagent side of the business ensures a constantly busy footfall through the unit, which provides a reliable turnover at standard profit margins. However it is the other side of the business which provides superb margins, turning the business as a whole into a highly profitable operation.

Property information

Property:

Leasehold

Lease terms:

Original lease: was 8 years, now extended to 21 years; Remaining: 20 years; Review every: 5 years; Rent: £18,000 per anum.

Living accommodation:

Accommodation is all located on the ground floor and comprises the main shop, which is accessed via the main front door of the unit. Ground Floor • The trading area is split into two main areas, the first being the newsagent, where newspapers, sweets, soft drinks, crisps, etc are sold, along with cigarettes and other sundries, including greetings cards. • Continuing on from this area is the general stores business, which extends a substantial distance to the rear of the unit and has a central island, allowing the display of a wide and diverse range of goods on both sides of this display area and on each side of the outside walls, as well as the rear wall. • Continuing through to the rear of the shop is a private area, which provides storage, as well as WC facilities and a sink unit.

Location:

Major's enjoys a busy main road trading position within the bustling town of Larkhall in the heart of South Lanarkshire. This is one of Scotland's most diverse areas, combining all the advantages of a modern, prosperous economy with a beautiful rural landscape, which is steeped in history. Its central location in the Lowlands of Scotland has allowed it to take full advantage, for business and pleasure, of the main rail and road links to the rest of the UK, with excellent access to the M74 motorway.

Other information

Trading hours:

Mon to Sat: 9:00am - 5:30pm