Licenced Convenience Store, Gourock

Confidential Sale - Lease For Sale

£275,000

2000 sq ft

bathrooms 1

OVERVIEW

Bowman Rebecchi is delighted to bring to the market this rare opportunity to acquire one of Inverclyde’s leading independently owned convenience stores.

The well-established and highly regarded business is free of ties and set within a superb location, with a new long-term lease available for successful purchasers to provide comfort towards the initial outlay.

Selling due to the owners taking a break from everyday work life, this warm, welcoming shop would be a fantastic opportunity for a new operator with experience in the market.

Built over a number of years, the business enjoys excellent reviews for customer service and reliability and boasts a very health business trade in the popular town of Gourock.

The licensed shop specialises in selling general convenience items, alcohol, newspapers, magazines, gift cards, school stationery, confectionary, cigarettes, household goods, children's toys and much more.

The building itself is in sound condition with 2,000 square feet of shop space set across the ground floor with a rear office, storage area and staff welfare facilities.

Secured with a full alarm system and roller shutter, there is also in-shop CCTV, with the owners deserving a huge amount of credit for building such a successful enterprise.

All internal fixtures and fittings are available as part of the purchase price, as is stock at value which is estimated to be in the region of £60,000.

The business is available for offers in the region of £275,000, with a new long-term lease of £20,800 per annum available to be negotiated with the current landlord.

LOCATION

Gourock is located approximately 28 miles west of Glasgow on Scotland's West Coast, with a residential population in excess of 10,000 persons and a core catchment population of approximately 270,000 persons, all within the authority of Inverclyde Council.

With a rich maritime heritage, Inverclyde is looking again to the River Clyde to support its future growth, with Greenock Ocean Terminal developing a new pontoon and visitor centre to support its 140,000 cruise liner passengers per annum, with Inverclyde seeing over 500,000 visitors per annum.

For tourists, ferry services to Argyll and Bute are nearby, as-is Greenock Ocean Terminal, for the embarkation of cruise ships, as well as Kip Marina, for access to the beautiful sailing waters of the Clyde. 

The unique and iconic Gourock Outdoor Pool is also less than 10 minutes’ walk.

Inverclyde has five great golf courses, all with stunning views – Gourock Golf Club, Greenock Golf Club, Port Glasgow Golf Club, Whinhill Golf Club and Kilmacolm Golf Club  – all renowned for their warm and friendly welcome.

The proposed Ardgowan Distillery visitor centre is due to begin its build in 2021 at nearby Inverkip, with Cardwell Garden Centre at Lunderston Bay beach another large draw for tourists. 

Businesses in Gourock include Amazon and CalMac Ferries headquarters, with the main Inverclyde Royal Hospital less than a mile away in the neighbouring town of Greenock.

STAFF

The current owners employ 3 staff on a part-time basis as well as working in the business themselves.

ACCOMMODATION

The property extends to approximately 2,000 sq ft.

CURRENT LEASE

The landlord is open to negotiation of a new long-term lease for the new proprietor, with the current rental figure of £20,800 per annum. Each party is to be responsible for its legal costs and outlays, including VAT incurred.

PLANNING

All queries in relation to redevelopment/reconfiguration of the subjects or extended operating hours should be addressed to Inverclyde Council’s Planning Department.

RATES

From the Assessor's website, the property comfortably qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.

CLOSING DATE

A closing date may be set, and all interested parties should make a note of interest to Bowman Rebecchi. We reserve the right to let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease of the property.

EPC

Available upon request.

ENTRY

Our client is flexible to accommodate requests. 

PROPOSAL

Offers in the region of £275,000 are invited for the leasehold interest in the business.

VAT 

All prices, premiums and rents quoted are exclusive of VAT.

ANTI-MONEY LAUNDERING

To comply with anti-money laundering legislation, the successful purchaser will be required to provide certain identification documents.

POST CODE

Please note – the Postcode provided does not relate to the subject business but is for guidance only. 

For further information please contact Bowman Rebecchi.

FEATURES

  • Well Established, Highly Lucrative Licensed Convenience Store
  • Convenient and Accessible Position
  • Current sales exc. VAT - £25,000 gross p/w With 18% Gross Profit
  • National Lottery Sales Of £6k Per Annum
  • Other Sales Commissions Of £15k Per Annum
  • Outstanding Business Ppportunity Being Sold Confidentially
  • Genuine Growth Potential Due To Closure Of National Operator
  • Retirement Sale
  • Further Details Including Previous/Current P&L Available Upon Request
  • Close To The Busy Town Centre
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