Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Newsagent For Sale , Cotton Street, Castle Douglas, DG7 1DG

232 Sq Ft / Retail

For Sale - £85,000.00

Available - Last updated: 10 February 2022

The subjects comprise an attached ground and attic floor retail unit, of traditional masonry construction under a pitched and slated roof. There is a glazed customer entrance door to the front elevation, with external metal security screen. Windows are of timber casement design, externally secured by metal grilles.

Location

CASTLE DOUGLAS, with a population of circa 3,700, is the main administrative town serving the Stewartry district of Dumfries and Galloway. The town has established itself as a popular boutique retailing centre, attracting good levels of tourist trade, and is the main market town for the surrounding hinterland. The town is bypassed by the A75 trunk road, located at its junction with the A713. The property occupies a prominent position on Cotton Street, at its intersection with Abercromby Road (A713), on the eastern edge of the town centre and within easy reach of the A75. Onstreet car parking is available in the immediate vicinity

Accommodation

Ground Floor Shop 18.70sq m ( 201sq ft )

Attic Floor Store 2.87sq m ( 31sq ft )

TOTAL 21.57sq m( 232sq ft )

Terms

SERVICES Mains water, gas (meter removed), electricity and drainage.

PURCHASE PRICE, STOCK & VALUE ADDED TAX Purchase offers around £85,000 are invited for the existing business, fit-out and our client’s heritable interest in the property. The above guide price is however stated exclusive of all stock, which will be available for an additional sum that is equal to the value of the stock at the time of purchase. We are advised that the property is not elected for VAT

RATING ASSESSMENT RV - £1,650. The property therefore qualifies for 100% rates relief under the Small Business Bonus Scheme.

BUSINESS The business extends back over 50 years and has been under the current ownership since 2015. The customer base comprises a mix of loyal locals, together with passing workmen and visitors. In addition, the business currently delivers to circa 300 customers each day by way of local paper rounds. The shop is presently owner operated and assisted by a parttime staff member. The current opening hours are as follows: Monday to Saturday: 05:00 to 12:30 Sunday: 06:00 to 12:30 The shop does not presently sell alcohol. Further information will be made available to vetted parties following a formal viewing.

LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable.

ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: Pending A copy of the EPC is available on request.

Specification

  • FREEHOLD PROPERTY 
  • LOYAL LOCAL CUSTOMER BASE 
  • DAILY DELIVERY SERVICE WITH 300 CLIENTS 
  • CONVENIENT EDGE OF TOWN LOCATION 
  • ON-STREET CAR PARKING 
  • QUALIFIES FOR 100% RATES RELIEF

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
The Corner Shop For Sale £85,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.