The subjects comprise retail premises occupying the ground floor of a two storey property being of brick construction under a pitched and tiled roof. The shop has a traditional frontage with timber framed and glazed display windows and a centrally located recessed timber framed and glazed entrance door. Internally the subjects are laid out and arranged to provide front sales with back shop, whilst a dry goods store and WC complete the accommodation. The back shop is accessed to the rear of the service counter and an exit on the rear elevation is provided for fire escape purposes. The subjects are utilised as a traditional CTN operation and are fully fitted for this purpose incorporating timber shelving and racking for display purposes together with built in timber framed and glazed service counters.
Location
The subjects occupy a prominent position on the Southmost extent of Station Road, Ratho Station located in an area of mixed commercial and residential accommodation set to the South of the village primary school. The property is located close to the A8 incoming Glasgow Road to the Gogarburn junction of the Edinburgh City bypass. The Newbridge roundabout affords excellent communications to the central Scotland road network and the airport is some 2½ miles or so to the new improved terminal.
Accommodation
The accommodation has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and we would summarise the accommodation as undernoted on a Net Internal Area basis as:
Sales area - 34.7 m² (374 ft²)
Back Shop - 17.7 m² (190 ft²)
The above areas are approximate and provided for information purposes only.
The property is surmounted by a 2 bedroom owners flat with a separate access which is available under separate negotiation should this be required.
Terms
THE BUSINESS
Our client has owned and operated the business for 20 years as a traditional CTN serving the local community and is now looking to retire. Opening hours are currently as undernoted: -
Monday – Friday 5.30 am – 6.00 pm
Saturday 6.30 am – 2.30 pm
Sunday 6.45 am – 12.00 pm.
A wide range of confectionery, drinks and general goods are available in addition to a selection of newspapers and magazines. There is a small range of greetings cards also for sale and a selection of hot rolls and takeaway items are available to order during breakfast/lunch times. One paper delivery round is undertaken in the morning and the weekly newsbill is circa £XXX
Financial information will be provided to seriously interested parties only after viewing and confirmation of their interest. For information purposes, however, the turnover is in the region of £XXX
TRADE INVENTORY
The asking price includes the trade inventory which, we are advised, is owned outright and is not subject to any lease purchase, hire contract or similar finance arrangement.
PRICE
Offers around £XXX are sought for the property to include goodwill, fixtures and fittings, with stock available over and above at valuation. Our clients would be seeking offers around £XXX for the residential property above.
Specification
• LONG ESTABLISHED BUSINESS IN GOOD TRADING POSITION
• EXTENSIVE RESIDENTIAL CATCHMENT AREA
• 2 BED OWNERS ACCOMMODATION AVAILABLE UNDER SEPARATE NEGOTIATION