The property comprises a traditional end terrace ground floor retail unit. The property is of traditional construction with residential properties located on the upper floors. The shop benefits from a large timber and glazed displace window with central receded entrance door leading in to the property.
Internally the property comprises an open plan retail area which is fully fitted with display cabinets and counters to the front with a small workshop located at the back of the retail area. To the rear of the property there is a kitchen/ store room with staff toilets.
Location
The property enjoys a prime location, situated centrally on the Main Street in Tobermory which is the main commercial centre for the Isle of Mull. The picturesque harbour town of Tobermory is renowned for its colourful painted buildings and the property enjoys a prominent position with magnificent and uninterrupted sea views.
Mull has a local resident population of approximately 3,000 but this is heavily supplemented by a high influx of tourist visitors all year round but especially during the summer months.
The island enjoys stunning coast lines, outstanding natural beauty and rich Scottish heritage. Visitors come to enjoy wildlife spotting and other outdoor activities, as well as visiting local whisky and gin distilleries. Mull is within easy reach of Oban on the West Coast of Scotland which also enjoys tremendous tourist activity in peak summer. There are 3 ferry services to Mull all operated by Caledonian MacBrayne. The main ferry operates a regular service from Oban to Craignure, approximately 20 miles to the south of Tobermory. There is also a passenger and car ferry service between Lochaline and Fishnish as well as a seasonal car and passenger ferry from Tobermory to Kilchoan.
Accommodation
Ground Floor: Entrance vestibule, open plan sales area, workshop, storage/kitchenette and WC facilities.
Terms
THE BUSINESS: This business is reluctantly being brought to the market as a result of retirement. The vendor has owned and operated the business for the past 24 years. The business is well known in the area and has customers traveling great distances to visit.
Included in the sale are two jewellers’ benches with ancillary tools and equipment.
TRADING INFORMATION: Trading accounts are available upon request to seriously interested parties.
STAFF: A full staffing list will be made available to seriously interested parties on request.
PRICE: Offers over £XXX are invited for the property, fixtures and fittings. Stock is available by separate negotiations.
ASSESSMENT: We have consulted the Scottish Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:-
Rateable Value: £XXX
We are advised that the current business rate is 49.8 pence, however this property benefits from 100% rates relief.
VAT: All figures quoted are exclusive of VAT if applicable.
ENTRY: Upon completion of legal arrangements.
ENERGY PERFORMANCE RATING: A copy of the EPC is available upon request.
LEGAL FEES: Each party will be responsible for paying their own legal costs incurred in this transaction.
Specification
- Long established business
- Situated in an excellent trading position
- Unique business opportunity
- Offers over £XXX