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Post Office & Off Licence, 85 Lauchope Street, Chapelhall, Airdrie, ML6 8SW

not specified / Retail / Business for sale

For Sale - £310,000.00

Available - Last updated: 11 November 2023

The property comprises a traditional end terrace ground floor retail unit forming part of a larger two storey building. The property is of traditional construction with a residential dwelling above.

Internally the property is generally open plan in nature with a the post office counter located to the rear of the property with perimeter display shelfing to the walls. There is a small storage cupboard located behind the serving counter. There is an additional smaller post office counter to the front of the shop. Additionally, there are staff toilets to the rear of the unit.

Location

Chapelhall is a residential settlement lying around 2 miles to the south of the centre of Airdrie. Chapelhall is now regarded as one of Airdrie’s southern suburbs and affords convenient access to the surrounding areas. The area has seen significant expansion in residential terms over the past 10-15 years, particularly to the south of the town. Chapelhall forms part of the North Lanarkshire jurisdiction.

Lauchope Street itself forms part of the B799 which links with the A73 Carlisle Road a short distance to the north and with the A8 trunk road around one mile to the south.

The property is situated on the east side of Lauchope Street, within the centre of Chapelhall. The surrounding area is mixed residential and commercial in nature, with a variety of housing styles nearby.

The Post Office forms part of a community retailing pitch within the village and other occupiers include Scotbet Bookmakers, Oriental Red Takeaway, McColls Convenience Store, Styles Hairdressing Salon, Mallagh Family Butchers and an Indian Takeaway.

Located close to the business, is a public car park, with Lauchope Street being a busy traffic thoroughfare in both directions.

Accommodation

THE BUSINESS - The property has been operational as a post office and off licence for a number of years, and our clients are now looking to retire. Over the years the business has built up a good reputation with repeat custom coming from the local area.

The business is currently run by my clients with additional part time staff. The current opening hours for the post office are.

Monday – Friday 8.30am – 17.30pm
Saturday 9.00am – 12.30pm
Sunday Closed

Shop opening times:
Monday – Saturday 8.30am – 22.00pm
Sunday 12pm- 22.00pm

The business would ideally suit a hands-on operator who could continue in the same manner whilst introducing their own flare.

Terms

TRADING FIGURES - Full accounts information will be made available to interested parties, following a formal viewing.

RATES - According to the Scottish Assessors website the property has a current Rateable Value of £6,100 per annum. With the proposed new rateable figure taking into effect as of the 1st April 2023 of £6,300.

ENERGY PERFORMANCE CERTIFICATE (EPC) - A copy of the Energy Performance Certificate is available upon request.

PRICE - Offers over of £310,000 are sought for our client’s freehold interest in the premises, goodwill of the business and all fixtures and fittings.

Stock would be agreed by separate negotiation.

Specification

  • Long established off sales business
  • Ideally located in a predominantly residential area
  • Only liquor licence in the local vicinity
  • Excellent trade with repeat custom
  • Offers invited.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers over For Sale Freehold £310,000.00 NA

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Contact agents

Margaret Mitchell

DM Hall

0131 610 0384

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