Specialised Craft Beer, Whisky & Wine Shop in Glasgow with Expansion Potential - Reluctant Sale
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
503005
- Leasehold: £25,000 (Stock at valuation)
- Rent: £16,000 (£1,333 per month)
- Turnover: On request
- Profit: On request
Key Features
- Established Business
- Small Business
- Fully Fitted
- Prime Location
Business Details
Specialised craft beer shop, Whisky, wine shop
Established Craft Beer, Whisky, and Wine Shop for Sale
This well-established business has been operating for seven years, providing a specialized selection of craft beers, whiskies, wines, gins, and other liquors. Despite its success, there is still significant potential to increase sales.
The shop is situated in a popular neighborhood retail parade with a high volume of foot traffic and growing residential developments in the vicinity. With a new school in the area and an annual street festival, the location is poised for further growth. Opening hours currently are from 12 PM to 6 PM on Sundays, Mondays, and Tuesdays, while from Wednesday to Thursday, the hours extend from 11 AM to 7 PM, and from Friday to Saturday, from 11 AM to 8 PM. Expanding these operating hours could further enhance sales. Due to ill health, the current owner is reluctantly considering selling the business.
Historically, the shop was known as Victoria Wines in the 1990s and was rebranded as Hippo Beers six years ago. Offers are invited for this fully fitted establishment. The shop has excellent street parking and is conveniently located a five-minute walk from Byres Road and a ten-minute walk to the Hillhead Underground. Moreover, it benefits from a regular bus service on Queen Margaret Drive, which is a main thoroughfare connecting the Murano Student Campus to Glasgow University and North Kelvinside Primary.
This is an ideal opportunity to take over a well-established off-license with a prime town center location in Glasgow. The leasehold price is £25,000, with an annual rent of £16,000. The shop benefits from a nine-year lease tenure and 100% rates relief.
For further details or to express your interest, please contact the seller directly.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
Stay Safe
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.'.
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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.
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