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THIS BUSINESS IS NOW UNDER OFFER

Exceptionally Well Run & Performing Convenience Store

City of Glasgow, Glasgow
Leasehold Price:
£39,950
Status
UNDER OFFER
Advert ID
255005
Reference
B05794 / Rightbiz
Business
Please Quote Reference B05794

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and performing, “turnkey” convenience store business with an excellent reputation.

The business has been placed on the open market as it’s our clients desire to leave the industry and concentrate on other business interests.

U Save has been operating under the careful and meticulous ownership of our client for many years and who has grown the business year on year to an impressive level with turnover and profit at consistent levels.

The Business stocks a wide selection of convenience items, frozen foods, cigarettes, alcohol, confectionary, household items, greetings cards & novelty items along with lottery, Newssheets and pay zone services.

There is scope to increase turnover with additional opening hours and expanding some of the retail lines currently stocked along with a possible paper delivery service.

The premises are in fantastic general condition and well maintained throughout, we feel that this is an excellent opportunity for a new owner to take this popular business to the next level.

A tremendous opportunity to own this turnkey business, and early enquiries must come highly recommended to avoid disappointment.



Location
The business is in a popular, densely populated residential area within the Barrhead area of Glasgow and has little in the way of local competition.

Barrhead has a selection of everyday amenities including shops, supermarkets, Primary and Secondary schooling and a selection of regular transport services. Bus and rail links give access throughout the area and into Paisley, Glasgow South Side and Glasgow City Centre if required.



Premises
The business occupies a substantial corner shop retail premises and benefits from excellent signage to the exterior.

On entrance there is a large, service counter with electronic till points, lottery dispenser, cigarette & alcohol gantry.

The main store is fitted to a modern standard and is bright, clean and benefits from large centre display units running almost the full length of the shop, along with various refrigerated storage to compliment the perimeter shelving & racking display units.

To the rear of the premises there is a large storage area with shelving and w/c area.

The premises also benefits from CCTV and alarm system.

To the front of the property there is free street parking.

The business is well signed and easily visible.



Tenure
We are advised that tenure is offered on a leasehold basis.

Rent - £6,600 Per Annum with no rates currently payable.



Hours
Monday – Saturday: 08.00 – 20.00

Sunday: 08.00 – 18.00



Staff
The business is run & managed by the owner & 1 part time staff members.



Financial Profile
The business reported a gross turnover of £416,000, no accounts seen at time of booking. For further information quote reference number B05794.



Listing Details
Leasehold Price: £39,950
Tenure: Leasehold
Location: City of Glasgow, Glasgow
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £416,000
Contact Agent
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Advert Reference: B05794 / Rightbiz

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