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Sweet shop for sale in Inverness Scottish Highlands, Youngs Auld Sweetie Shop

Inverness, Scottish Highlands
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Youngs Auld Sweetie Shop, InvernessYoungs Auld Sweetie Shop, InvernessYoungs Auld Sweetie Shop, InvernessYoungs Auld Sweetie Shop, InvernessYoungs Auld Sweetie Shop, Inverness
  • Leasehold: £119,500
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Youngs Auld Sweetie Shop, Inverness

DESCRIPTION

Youngs Auld Sweetie Shop offers a rare opportunity to own a profitable business in the heart of Inverness. Ideally located near the Cromarty Firth cruise ship drop-off point, the shop enjoys both strong tourist traffic and a loyal local customer base.

The property is finished to an exceptional standard and thoughtfully arranged to showcase its premium products.

Already trading successfully, there is significant potential to further increase turnover and profitability.

REASON FOR SALE

The owners have operated the Inverness business since 2019, and it is their desire to retire that brings this excellent opportunity to the market.

TRADE

The business enjoys strong year-round trade, benefiting from Inverness’s reputation as a popular all-season tourist destination and the consistent visitor numbers this brings.

Trading successfully since 2019, the shop is operated daily by an experienced manager and a dedicated team, with opening hours from 10:00 am to 5:30 pm, Monday to Sunday.

Branding is consistent and focused on a wide selection of high-quality sweets, supported by excellent customer service. The product range includes Pick ‘n’ Mix, handmade fudge and chocolates, traditional chocolate bars, and a large assortment of classic bagged sweets.

The shop also features specialty products from Scotland and around the world, including imported liquorice and traditional soft drinks.

LOCATION

The business is located near the bustling centre of Inverness, including the historic Old Town, often called the Capital of the Highlands. The city has a population of over 50,000, with a shopping catchment area of 10,000 sq. miles and a potential catchment of around 200,000 people.

Inverness attracts thousands of visitors during the holiday season, drawn to the Highlands’ natural beauty and historic attractions. The city offers extensive facilities for residents and tourists, including three golf courses, Eden Court Theatre, an indoor swimming complex, two cinemas, ten-pin bowling, and a wide range of evening entertainment venues.

As a busy tourist destination, Inverness sees its population swell significantly during the main tourist season, providing strong footfall for retail businesses.

THE PROPERTY

The property features a large shop floor, comprising 75 m² of sales space and 11 m² of service area, along with a dedicated service area, office with bench and prep space, kitchen and WC, and a store with racking and shelving.

Situated in the pedestrianised area of Church Street, close to the Town House on the high street, the shop occupies a ground-floor unit with a rear delivery facility.

SERVICES

The unit benefits from mains electricity, water and drainage.

EPC RATING

The Inverness property has an EPC rating of G, reference: 2992-9559-3430-3404-1803.

ACCOUNTS

Full accounting information will be made available to interested parties subsequent to viewing.

TITLE NUMBER

The premises lease runs until 2029, with the landlord open to extending the term—offering excellent flexibility for continued occupancy.

OFFERS

Offers over £119,500 are invited for the leasehold interest excluding stock which is sold at valuation.

DEVELOPMENT OPPORTUNITIES

There are numerous opportunities to further develop the business, including expanding into online sales, extending opening hours, and operating a mobile sweet cart at shows, fairs, weddings, or baby showers.

Additionally, there is potential to acquire a sister shop in Aviemore, creating a wider regional presence and further growth.

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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.

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