Leasehold Newsagent And Convenience Store For Sale

Business description

Bag a Business Ltd is delighted to offer for sale Barney's, which has been trading from these premises for over 100 years. The business has been in our clients' careful ownership since 1990. Only now is the business being offered to the market due to our clients' wish to retire and change of direction. The city centre location generates a very high volume of footfall from locals and tourists. Currently the turnover is approximately £624,000, achieving a gross profit of 22%. There is a strong evening and night trade and there may be an opportunity to open 24 hours per day to take advantage of the prominent trading position. There is also potential to increase newspaper deliveries. The shop has a bolt-on bike hire business catering for demand during the extremely busy tourist season. This is an excellent opportunity to purchase a profitable business with fantastic potential to expand. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Rent: £17,500 per annum
The owner is willing to discuss the lease terms with the purchaser and will be flexible to ensure a satisfactory conclusion.

ADDITIONAL INFORMATION
2 bedroom owners' accommodation may be available if required as the adjoining property is also owned by our client and lease terms can be arranged.

Living accommodation:

ACCOMMODATION DETAILS GROUND FLOOR . Service counter with CCTV monitor and cash register . Hot drink vending machine . Shelving and racking to suit trade . Drink chiller cabinet . Open display refrigerator . Self fill ATM machine . Paypoint terminal . International phone cards FIRST FLOOR . Storage area . Office

Location:

Barney's is located in a parade of complementary shops opposite Inverness Castle, the main tourist centre of Inverness. Tourists generate a high volume of footfall in the business. The business is opposite Castle Street car park, which makes it an ideal trading location. Inverness is the capital of the Highlands and is the fastest growing city in Europe, therefore attracting new businesses and organisations such as the head office for Scottish National Heritage, which has recently re-located from Edinburgh. As the administrative centre for the North of Scotland, Inverness has outstanding road, rail and air links to the rest of the UK.

Other information

Trading hours:

Mon - Sat: 7.30am - 11.00pm Sun: 8.00am - 11.00pm