Archived
Convenience Store & Post Office with Stunning Accommodation
Castle Douglas, Kirkcudbrightshire
- Asking Price: £425,000 +SAV
-
Turnover:
Accounts will be made available post viewing.
Please quote reference B05514
- Tenure: Freehold
Please quote reference B05514
Hilton Smythe are delighted to welcome to the market this well-presented and very popular convenience store & Post Office business with owner’s accommodation, located in an area of outstanding natural beauty in Dumfries & Galloway.
Crossmichael Store & Post Office has been under the meticulous ownership of our client since early 2007 and who have invested heavily in the complete renovation of the house along with building a new retail premises next door to operate the store & Post Office from. They have now decided to place the business & accommodation on the market due to relocation.
The business has built up an excellent reputation locally, resulting in many repeat customers leading to a loyal customer base and is seen as a real hub within the local community.
The business prides itself on providing a wide range of everyday items to the community including groceries, greetings cards, lottery, pay point services, newspapers, hot & cold filled rolls, alcohol, cigarettes along with a dedicated section for fishing equipment, in addition to the Post Office service that they currently offer.
The business has built up an excellent reputation locally, resulting in many repeat customers leading to a loyal customer base within the local community as well visitors attracted to the local area.
Scope to Improve
- Extend the opening hours
- Advertising and marketing campaign
- Maximise the use of social media, look at Twitter, Instagram and introducing a dedicated website
- Increase the range of products available
- A well-established business with an enviable reputation and many existing customers.
- Ideal first business for an inexperienced owner looking for a lifestyle change
- Brilliant trading position.
- Priced to sell, needs to be viewed to avoid missing out on this great business!
The business is run & managed by a husband & wife team.
The business operates the following hours
Monday to Saturday 0600 – 1800
Sunday - 0800 – 1600
Post Office Hours
Monday, Tuesday, Thursday, Friday - 0930 – 1200
Saturday - 1030 – 1200
The business is located in the popular village of Crossmichael which is set on the east side of Loch Ken in the historical county of Kirkcudbrightshire about 4 miles north of Castle Douglas in Dumfries and Galloway.
The local area is a major destination for a host of outdoor sporting activities situated on and around the loch resulting in a massive increase in visitor numbers during the holiday seasons and throughout the year.
The village is well serviced in terms of local amenities and benefits from having its own Primary school with an excellent reputation, with secondary schooling being located 3 miles away in the popular market town of Castle Douglas.
The town of Castle Douglas benefits from a host of local amenities along the main High Street including cafes, restaurants, butchers and hotels.
There is also a modern health centre, swimming pool and leisure facilities located within the town.
The A75 offers transport links to Dumfries train station providing links to Carlisle and Glasgow making Crossmichael a popular commuter & family friendly location.
The business is situated within an immaculately presented, purpose-built double fronted retail premises.
The main store is fitted to a very modern standard and is bright, clean and benefits from large centre display units running almost the full length of the shop, to compliment the perimeter shelving & racking display units, and further benefits from a good selection of refrigeration units.
At the rear of the store is a good-sized service counter with provision for the Post Office services and Epos till system.
To the rear of the main shop is an area that is used for the hot food takeaway element of the business, along with further storage area and rear exit to side of property. It further benefits from having a full attic storage area.
The business is well signed and easily visible to passing trade
Owners Accommodation
The extensively refurbished 4 bedroomed owner’s accommodation is located at number 29 Main Street with the shop being located next door at number 27.
Entrance is from the front of Main Street, which leads into a bright & spacious well-presented formal lounge with feature wood burner, along with a staircase leading up to a spacious double bedroom with En-suite shower room, this end of the property would be ideal for use as a separate annex for an extra or independent family member.
Kitchen Area
The property boasts a sizable kitchen area, that is finished to a high modern standard, with a selection of floor standing & wall mounted units, along with modern appliances including a range style cooker and ample space for a dining table along with a separate breakfasting area.
2nd Public Room
Located to the rear of the property, again a bright, spacious & beautifully presented room, with feature wood burner, solid wood flooring & direct access to the garden area via patio doors.
1st Floor
Accessed via stairway from second public room leading to all upper accommodation comprising:-
Three generous double bedrooms all presented in excellent condition, with one having en suite facilities, with the main family bathroom being located on this floor.
The property further benefits from a well maintained and fully enclosed rear garden area, that is mainly laid to lawn, with feature raised patio area.
Please note that the property has undergone a substantial programme of refurbishment at great cost over the last couple of years & can be found in true walk in condition.
Tenure
We are advised Tenure is offered on a Freehold basis.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
