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Well established village store
Currently shop sales average £6,000 pw approximately
Easy managible business
Turnkey opportunity, viewing recommeded
Reference - 47089
Description Lumphanan is a lovely small village set in the heart of Royal Deeside lying next to the village of Torphins, approximately 10 minutes’ drive north west of Banchory.
The village has its own golf course and also an excellent primary school with small class sizes with secondary schooling at Aboyne.
Close by is the popular town of Banchory which lies at the north end of the B974 and provides a shortcut across the eastern arm of the Cairngorms as the mountain range finally descends towards the sea. Other popular towns lying close to Lumphanan and Banchory are Aboyne, Ballater and Braemar which, again, attract thousands of visitors every year.
The current proprietors have owned the business for just over 6 months and have reluctantly placed the business on the market due to the need to relocate.
During our clients’ tenure, they have updated the many fixtures and fittings such as the fridges, etc. The business itself has held a sound turnover during their time and has always made a good return.
The current owners adopt a ‘hands on approach’, however also hire reliable part-time members of staff to help run the business.
We have been informed that there is an opportunity to increase the hours as Lumphanan Stores benefits from being the only store in the village.
Sales Currently shop sales average £6,000 pw approximately.
Accounts Current records and accounts can be inspected when viewing.
Staff The business is managed by the owners with part time members of staff.
Building External The business is located on the ground floor of a terraced property and is straight to the street.
The property itself is of a high standard and well maintained with single door entry.
Building Internal The entrance to the shop is from the front, the service counter is to the left hand side displaying a range of confectionery for sale and Lottery machine, Health Lottery and Paypoint facilities.
There is also a cigarette and alcohol gantry located behind.
The shop has 3 aisles displaying a range of items for sale with various fridges and freezers located throughout.
To the rear of the shop is the outreach post office with a range of stationery and greetings cards on offer.
There are storage areas located to the rear of the post office along with atm machine, small kitchen and disabled toilet.
The post office is a separate business and pays a rent per week.
Residential Accommodation There is no residential accommodation for owners/management available.
Tenure The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10 years at an initial rent of £7356 exclusive of rates. Rent reviews are at 5 yearly intervals.
Summary Lumphanan Stores offers a rare opportunity to 'walk in' to a well performing village store which is in an ideal trading location.
For more information about this property, please contact Bruce & Company, EH12 on +44 131 268 9615 * (local rate)
Contact Bruce & Company about this property
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