Retail premises for sale in Aberdeen, Aberdeenshire AB24

£24,995
Retail premises for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Profitable and well established convenience store
  • Weekly takings circa £6,000 - £7,000
  • Enviable trading location
  • Family run, viewing recommended

Property description

Reference - 46824

Description
A & C Smart is situated on King Street on one of the main streets close to the city centre of Aberdeen. Its southern end is in the city centre and is also near the prestigious shopping street, Union Street. Heading northwards, the street skirts Old Aberdeen and the University of Aberdeen, eventually reaching a modern bridge over the River Don.

The headquarters of FirstGroup is approximately half-way along the street and a short way to the east is Pittodrie Stadium, home of Aberdeen F.C. The street also contains the Aberdeen Arts Centre, on its junction with West North Street. The business is located half a mile from Aberdeen University and 1 mile from Aberdeen College.

The business benefits highly from its position with student halls 100 yards away, which is residence to over 300 students and a further 100 flats being built 50 yards from the shop. There is fantastic potential to grow the business. The main business is from the convenience and grocery sales.

The business offers other additional services such as Pay Point, Lottery, Scratch cards and Parcel Collection.

The current proprietors have owned the business for just over 6 years and have placed the business on the market due to their other work commitments.

Sales
Currently shop sales average £6,000 - £7,000 per week approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 06:00-22:00
Saturday 07:00-22:00
Sunday 07:00-22:00

Staff
The business is managed by the owners with part time members of staff.

Building External
The front on the property is straight to the street with on street, local authority parking, with a small charge.

Building Internal
The property itself is a terraced property of stone construction and lies under a pitched and slated roof. The business boasts a main position with double door entry and large glass window frontage.

Entry to the shop is through a double door corner entrance. The shop consists of 3 separate aisles, with fridges to the right hand side and general groceries in the further 2 aisles. The serving counter is located in the top left hand corner and is equipped with a small confectionery, cigarette and off-licence selection.

Newspapers, magazines, cards and stationery are all situated directly adjacent to the service counter. A private doorway leads to a staircase which leads down to the storage and office area and a small W/C for staff.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 21 year lease which commenced in 2013. The annual rent is £12,600 exclusive (correct as advised on 11/12/19).

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
The sale of A & C Smart offers a great opportunity to either a sole trader or a couple who are looking for an easily managed business with excellent growth potential. The business boasts an enviable trading position and should interest both first-time and experienced buyers.

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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