Convenience Store and Post Office in Keith Moray with nearby two-bedroom home
Keith, Moray
- Status
FOR SALE
- Advert ID
633515
- Reference
1744 / Rightbiz
- Call Agent:
- Freehold: £160,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Business Details
Keith Local Convenience Store and Post Office (ref 1744)
Post Office remuneration c.£90,000. Well fitted convenience store. Opportunity to develop convenience offering. Town centre trading location. Rates exempt. Adjoined 2-bedroom property available by separate negotiation.
FREEHOLD Guide price £160,000 plus stock at valuation.
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The Keith Local and Post Office is located on Mid Street in the heart of the popular Morayshire town of Keith. The main A96, Aberdeen (48 miles to the southeast) to Inverness (55 miles to the west) routing runs through the town with other notable towns on the route being Huntly, Fochabers, Elgin, Forres and Nairn.
Keith is at the start of Scotland’s Malt Whisky Trail and is home to Strathmill, Glenkeith and Strathisla Distilleries and also close to the likes of Aberlour and Dufftown.
Keith Railway Station provides connections to both Inverness and Aberdeen and the local railway also provides travel to Dufftown as part of the Malt Whisky Trail.
Our client has owned the property for just over 3 years which previously just traded as a Convenience Store before the Post Office was added in 2016, which as well as generating good income also adds to the footfall through the retail area. Â
Although the frontage seems quite small the shop opens out into a very bright and modern trading area with the main sales counter positioned on the right-hand side. The main Post Office counter is located towards the rear of the property whilst Post Office services are also offered from the sales counter within the main sales area.
The store offers all the normal groceries, chilled, frozen, alcohol, tobacco, confectionery, soft drinks and newspapers along with Lotto tickets.
This business would ideally suit a hands on operator who can add to what is already in place by expanding the convenience offering whilst benefitting from a very healthy Post Office income.
Current trading hours are Monday – Friday 9.00am – 5.30pm, Saturday – 9.00am – 1.00pm, Sunday – Closed.
Our client has reluctantly placed the business and property on the market due to relocation.
There is a 2 bedroom property at the rear of the retail property which is available through separate negotiation.
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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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