Gift shop for sale in Balloch near Loch Lomond with retail premises and growth potential
Balloch, West DunbartonshireEst. 30 years
- Status
FOR SALE
- Advert ID
657955
- Reference
1838 / Rightbiz
- Call Agent:
- Freehold: £130,000 (Stock at valuation)
- Turnover: On request
- Profit: On request
Business Details
An Outstanding Gift Shop and Retail Premises near the shore of Loch Lomond (ref 1838)
Award winning independent local gift shop. Superbly positioned retail premises in prime tourist location. Immaculate shop premises. Same owner since 1996. Retirement sale. Scottish Tourist Board 4-star Tourist Shop. Well established business with huge potential for new owners. Strong business with increasing turnover. Ideal for a single operator, partnership or bolt on business. Rates exempt business. Internal GIA – 71.30 sq. m. Retail class 1 consent.
Freehold Offers Over £130,000 Stock at Valuation.
The business occupies a well-known, visible and prominent trading location on Balloch Road in the popular West Dunbartonshire village of Balloch. Balloch sits on the southern shore of Loch Lomond and is known as a gateway to the Loch Lomond & The Trossachs National Park.
The popular walking route of the West Highland Way lies close to the village, passing through the nearby villages of Drymen and Balmaha. The village is a very popular tourist destination with a variety of amenities, historical sites like Balloch Castle, and attractions such as Loch Lomond Shores and the Loch Lomond Sea Life Aquarium.
Balloch undoubtedly benefits from the closeness of Glasgow and the central belt. Ideally positioned just to the north of the Greater Glasgow conurbation, Balloch continues to be a favoured spot of many for a “run in the car” and a day out. The northern suburbs of Glasgow are only 16 miles away from the village, while the city centre is 26 miles to the south.
Loch Lomond Gift House is a well-established and renowned local business which has been trading under our client’s continuous ownership for the last 30 years.
The business has grown, matured and evolved over the same period. Our client is seeking to retire after their long-term tenure and a fantastic opportunity now exists for a motivated buyer to acquire a long-standing business and property amid a fantastic tourist centre and popular location.
In addition, the premises also doubles as the local tourist information for the village and the southern part of Loch Lomond.
New owners will inherit a firmly established business, with obvious areas for potential expansion most notably adding additional lines as well as enhancing the online shop and marketing presence.
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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.
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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.
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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