FOR SALE
20/04/24
610079
610079 / Rightbiz
LOCATION
Glasgow is Scotland’s largest city and is situated close to the west coast. There are four main motorways which run through the city putting it at the hub of Scotland’s road network. The City sits approximately 50 miles west of Edinburgh and connects via the M8, the main motorway network serving central Scotland.
The property is located on the south side of Great Western Road, close to its junction with Bank Street. Great Western Road (A82) is a main thoroughfare, west of the city centre. In the immediate vicinity there are a number of bars, restaurants and shops, with Kelvinbridge and St. Georges Cross Underground Stations within walking distance. The property also offers excellent road links provided by the M8 motorway. Nearby occupiers include Subway, Coopers and Domino’s Pizza.
DESCRIPTION
The property comprises a Victorian era tenement building of masonry construction arranged over five floors, providing retail space on the basement and ground floors with residential accommodation on the upper floors. The roof is pitched and appears to be clad in slate tiles.
The shop is accessed via a single timber framed pedestrian door. Internally, the open plan retail space is rectangular in shape. There is a host of metal adjustable display shelving, newspaper and magazine display racking, fridge/freezer, confectionery display to the side and tobacco gantry behind the counter. The floor is tiled, the walls of plaster/paint and the suspended ceiling incorporates fluorescent strip lighting. There is no gas supply to the property and space heating is provided electrically. There is a mezzanine and kitchenette to the rear. Access to the basement is provided via a trapdoor.
TRADING INFORMATION
Disqu Blu has been an established newsagents/convenience store for over 75 years selling groceries, confectionery, tobacco/cigarettes, newspapers and magazines, ice creams, greeting cards, crisps, snacks and soft drinks. The business does not retail alcohol and trades Mon-Sun from 6am to 6:30pm.
The current owner operators have decided to sell the business, thus creating an exciting self-employment opportunity. The operation prides itself on the personal touch and this would be vital for any new owner to have the same ethos and outlook. The bespoke service the current owners provide is reflective of the success of the business and in turn, the return custom.
The sale of Disqu Blu provides an opportunity to acquire an easily manageable retail business. New owners will benefit from premises enjoying an established trading position on a busy thoroughfare. Extending the trading hours may provide scope to increase sales.
PRICE
Offers are invited for the goodwill of the business, fixtures and fittings. Stock will be in addition and at valuation.
LEASE TERMS
The subjects are available by way of a new lease on full repairing and insuring terms, at a rent of £24,500 per annum. Full quoting terms are available upon request.
RATEABLE VALUE
According to the Scottish Assessors Association, the subjects have a Rateable Value of £14,600.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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