Profitable Village Convenience Store in Dumfries and Galloway for Sale
Undisclosed, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
19/05/23
- Advert ID
513479
- Reference
26296815 / Rightbiz
- Call Agent:
- Freehold: £220,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Prime Location
- High Turnover
- Accounts Available
- Retirement Sale
- Small Business
- Established Business
Business Details
Well Established and Popular Village Convenience Store
A wonderful opportunity has arisen to acquire a thriving convenience store located a short distance from Thornhill in Penpont. Owned by the current proprietors for over 40 years the business has grown steadily and expanded now offering lottery and paypoint facilities. E Wilson Penpont Shop is an incredibly popular local convenience store ideally placed in the centre of the village to capture repeat business and passing trade.
Situation
The property is in the village of Penpont, approximately two miles from the large village of Thornhill. The village itself benefits from an outreach postoffice, a primary school, popular café as well as a bus service to and from Thornhill. There is a popular holiday village in Penpont offering Wilson Stores additional trade.
Thornhill has a range of shops, a primary/secondary school, a dentist, doctors, hotels and a golf course. Drumlanrig Castle, with its beautiful grounds, is the family home of the Duke of Buccleuch.
Dumfries, which lies approximately 18 miles to the south, is the principal town in the area and provides a wide range of schools, shops, retail outlets and other services, including the brand-new Dumfries and Galloway Royal Infirmary. Also in Dumfries, is the Crichton Campus, providing further education and university courses, as well as the impressive sports and leisure complex DG One, which offers a wide variety of events and activities.
The local area is well known for its attractive and unspoiled countryside and for the diversity of sporting and recreational pursuits. There are opportunities for hillwalking, mountain biking, shooting, and fishing as well as horse riding in the area. Golf courses include the championship course at Southerness and numerous links courses on the Ayrshire coast. Both the Solway and the Ayrshire coasts provide excellent opportunities for sailing and other water sports.
There are mainline railway stations at both Lockerbie and Carlisle and Dumfries also provides services to Glasgow and Carlisle.
Business
The business trades as a convenience store and is the only shop within Penpont. A long-established freehold business turning over in excess of £300,000 PA excluding lottery and pay point sales. This could easily be increased by extending opening hours.
Owner operated with the assistance of two part time member of staff, the business trades:
Mon-Fri 7am-5pm
Sat 7am-4pm
Sun 8am-12 noon
The convenience store stocks a wide variety of fresh and frozen foods along with a good selection of ambient produce. Stock levels fluctuate around the £25,000 level.
Property
The business operates from a detached, ground floor retail premises in a prime trading location on the main road.
Internally the premises comprise a retail sales area at the front, fitted throughout with a range of fixed and free-standing display units and shelves, newsstands, and drinks fridge. To the rear of the property there is the small kitchen area, storage area and WC.
External:
The retail premises open on to the main road and occupies a larger than average plot. To the rear of the property there is a useful garden area which was previously used as an allotment and to the front there is off street parking for up to 3 vehicles.
Rateable Value
100% Rates Relief
Trading Figures
This is a steady and successful business, run to suit the lifestyle of the current owners. Full trading information will be provided following a formal viewing.
Price
Offers Around £220,000 are invited.
Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale.
Stock
Stock will be in addition at valuation.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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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