The subjects occupy part of the ground floor within a 2 storey and attic terraced building of traditional construction.
The unit has two timber framed display windows either side of a recessed entrance door which is protected externally by double timber storm doors.
Internally, the accommodation is arranged to provide the front sales and counter area, connecting to a rear sales area, off which is a small back shop/store. Entered from the back shop is a small staff toilet compartment.
Heating is provided by wall mounted electric storage radiators.
Location
The picturesque harbour town of Tobermory is well- known for its colourful buildings, and is the main commercial centre for the Island of Mull, it is an extremely popular tourist destination off the west coast of Scotland.
The property is prominently located on Main Street (A845) in the town centre of Tobermory, within short walking distance of the pier, harbour and marina, overlooking Tobermory bay.
Mull is a popular destination for visitors and the local population of around 3,000 persons is significantly expanded in the main summer season by a high influx of tourists. The local economy is established around the traditional fishing, agriculture, tourism and the related service industries.
The islands can be reached by three regular vehicle and passenger services which connect mainland Scotland, each operated by Caledonian MacBrayne.
The subjects are within a small terrace of retail units where adjoining occupiers are typically of a private independent nature. These include a gift shop, a laundry, a coffee shop and a fishing tackle and book shop. Also nearby is a youth hostel, museum and a branch of Clydesdale Bank and a Co-op Supermarket.
Tobermory town centre also contains a range and variety of leisure properties including several hotels, guesthouses, restaurants and bed and breakfast establishments.
The property benefits from unrestricted on street car parking on Main Street to the front. A typical range of town centre amenities are within easy walking distance.
Accommodation
According to our calculations, on a Net Internal basis, the following floor areas are afforded:-
Front Sales Area - 36.1 sq m (388 sq ft)
Rear Sales Area - 17.8 sq m (192 sq ft)
Back Shop Store - 7.6 sq m (82 sq ft)
TOTAL - 61.5 sq m (662 sq ft)
THE BUSINESS - Originating back in 1977, Seafare is a long established and extremely well regarded business that benefits from high levels of repeat custom from the local fishing fleet, boat enthusiasts and word-of-mouth recommendations from its loyal customers.
Whilst it retails the standard chandlery items, it also houses an array of nautical clothing, footwear and all outdoor activities including campervans.
Seafare has an excellent reputation with its suppliers and has been, and continues to be, very well supported by locals and boat enthusiasts, with people travelling from far and wide to make purchases.
Standard trading hours are Monday-Sunday 9am-5:XXXm and 10am-XXXm in the winter.
The business was owner operated for since its establishment but due to personal circumstances, this unique business opportunity is now available for purchase.
Terms
SALE TERMS - Offers over £135,000 are sought for our client’s heritable interest in the property (freehold equivalent) and goodwill.
RATEABLE VALUE - Rateable Value - £8,600. Subject to applicant qualification, the subjects should qualify for 100% rates relief under the Small Business Bonus Scheme. Please note that a new occupier has the right to appeal the current assessment.
EPC - A copy of the Energy Performance Certificate can be made available upon request.
LEGAL COSTS - Each party will be responsible for all legal costs incurred in the transaction.
VAT - No VAT will be payable on this sale.
ACCOUNTS - Trading accounts will be made available following viewing of the premises and the recording, in writing, of a formal interest.
Specification
- Established marine chandlery business with 20+ years trading history.
- Prime location in the iconic Town Centre of Tobermory.
- Total Net Internal Area of 61.5 sq.m. (662 sq.ft.)
- No VAT payable.
- OFFERS OF £135,000 ARE INVITED, EXCLUDING SAV.