Well Performing Freehold Licensed Convenience Store located in the Outer Hebrides (ref 1783)

Freehold convenience store on the Outer Hebrides. Net turnover in excess of £1.0 million. Potential to purchase other store on South Uist. Benefitted from recent investment. 900 square metres internally. Scope to develop business.

FREEHOLD Guide price £650,000 SAV

Lovat’s Supermarket is located in Balinvanich on the island of Benbecula in the Outer Hebrides.

Benbecula benefits from its own airport at the island’s main settlement and administrative centre in Balivanich which has daily flights to and from Glasgow (c.45 minutes) and Stornoway (c.35 minutes). The store is located close to Benbecula Airport.

There are also ferry services from Skye to Benbecula.

The island enjoys stunning scenery with hills and moors to the east and beautiful sandy beaches on the west coast. Other nearby islands that make up the Western Isles are Harris and Lewis, Barra, North and South Uist.

Our clients have owned the business in Benbecula and another on South Uist for many years. Both shops are vital for the residents of the islands, as well as being popular with the visitors and tourists. There is also potential to purchase the other store in Carnan on South Uist. The businesses are only 15 minutes apart so complement each other operationally and can be managed accordingly.

Both of the shops offer Post Office services and are in good condition throughout. They benefit from a Premises Licence under the Licensing (Scotland) Act 2005 and both units have plentiful car parking available. We estimate the subjects extend to Balivanich 900 square metres and Carnan 341 square metres.

The stores trade under the Nisa brand with the supply of goods coming from the Co-Op Group as well as a selection of other independent suppliers. Due to the location of ‘Lovats’, the significant storage facilities with walk in chillers and freezers are vital to ensure plentiful back up stock to keep the shop full.

There is space available to potentially look at adding more to the shops by way of hot food counters or even some form of café.

The sale of Lovats Supermarket offers an outstanding opportunity to a prospective buyer looking for a complete lifestyle change and to escape the mainland.

Although the location may seem remote, it is worth noting that Glasgow is only a 45-minute flight away as well as frequent ferry services being available.