595/0216, Profitable Convenience Store For Sale

595-597 Duke Street, West of Scotland, Scotland , Glasgow, G31 1PY

About the property

The business has been a successful convenience store for the last 20 years. The current owners have operated the business for the last 2 years and have decided to place it on the market due to other business interests.

Although the business is profitable and trading well, there is scope to increase sales and profits with the addition of more services and some modernisation.

The business stocks a selection of convenience/ grocery items including cigarettes, newspapers, magazines, confectionery, soft drinks, greeting cards and also has a Paypoint service.

The current ice cream business within this business will remain with the current owner.

Turnover

£6,500

Net Profit

Undisclosed

Internal Details

The unit is well designed and has a large open plan sales area with a sales counter on the left hand side, shelving and refrigeration throughout. There is a store, kitchen and WC to the rear of the property.
The property extends to a Net Internal Area of approximately 1000sq.ft, all on the ground floor.

Location

The business is located on Duke Street, a main arterial road linking Glasgow city centre to the East End of the city. There is ample on street parking for customers and deliveries.
Nearby occupiers include TSB, Ladbrokes, Paddy Power, Subway, Greggs, Alexandra Bar, Barbers, Dine Café, Boots Pharmacy, Cash 4 Clothes and many more independent and high street retailers.
The business benefits from having primary and secondary schools nearby.

Business Hours

Mon - Sat: 7am – Midnight
Sun: 8am - Midnight

Legal Fees

Each party will be responsible for their own legal costs incurred in the transaction.

Financial Information

Turnover: £6,500 per week
Profit: Undisclosed

Tenure

We have been advised the rental payable is £10,400 per annum and there is a long lease available.

Business Rates

The property is entered in the current Valuation Roll as having a Rateable Value of £12,000.
Subject to qualification, it is assumed that a new tenant would be eligible for 25-50% Small Business Rates Relief.

Viewing & Further Information

*STAFF UNAWARE*
Strictly by contacting the sole agents:-

Jindy Aujla
Clyde Business Sales
McCormick House
50 Darnley Street
Glasgow
G41 2SE

0141 387 2188
0788 760 4449
Email: jindy@clydecommercial.com

Map & Directions

Additional Information

Ref #: 595/0216
Location: 595-597 Duke Street, West of Scotland, Scotland , Glasgow, G31 1PY
Category: Convenience Stores
Property type: Leasehold
Total viewing: 1349
Parking:

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Contact details

Name Jindy Aujla
Address 50 Darnley Street Pollokshields Glasgow - G41 2SE
State/Province Scotland
Country United Kingdom
Phone:
0141 387 2188
Mobile:
0788 760 4449