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Leasehold Convenience Store, Glasgow (ref. 1212) For Sale

West End, Glasgow, Glasgow City
Asking Price:
£79,500 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Our client has owned and operated this licensed Convenience Store for over 5 years during which time it has been modernised with a very high quality range of fixtures & fittings throughout. This well presented Londis Convenience Store occupies a prominent position on Queen Margaret Drive in Glasgow’s West End close to Great Western Road and Byers Road.

The shop is very popular in the local area with plentiful repeat custom ensuring a healthy turnover as well as benefiting from being in a very high footfall area.

The shop offers the usual range of groceries, chilled, frozen, alcohol, tobacco, newspapers, confectionery and crisps as well as doing lunchtime offers such as meal deals. Lotto tickets are available as is the PayPoint service.

The business has been placed on the market to allow our client the opportunity to pursue other business interests, but leaves behind a well run and profitable Convenience Store business.

Lease expires 2037 – rent payable £22,000 per annum (increasing to £23,000 in 2027).

Property information

Property:

Leasehold

Lease Terms:

The current lease expires in 2037 with an annual rent payable of £22,000 per annum to 31/03/2022 whereupon the rent will increase to £23,000 per annum to 31/03/2027.

Leasehold Rent:

£22,000 per annum

Location:

This well presented Londis Convenience Store occupies a prominent position on Queen Margaret Drive in Glasgow’s West End close to Great Western Road and Byers Road. This popular part of Glasgow is close to Hyndland, Kelvinside and Hillhead with the Glasgow Botanic Gardens and Kelvingrove Park with its Art Gallery and Museum also close by.

Premises Details:

The business occupies a multi-fronted retail unit formed over the ground floor only of a traditional tenement style property.

Formerly two units, the eye-catching frontage has several display windows with modern signage above.

The upper floors are privately owned residential accommodation and there is parking available outside the shop and in the surrounding areas.

Business Operation

Reasons for selling:

Other business interests.

Trading hours:

Monday to Friday 7.00am to 10.00pm
Saturday 8.00am to 10.00pm
Sunday 9.00am to 8.00pm

Employees:
The business is run by the owners along with two part-time members of staff.
Years established:
5 years

Other Information

Related Documents:

Contact Information

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