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Sold STC

Main Street, Penpont, Thornhill, Dumfries and Galloway, DG3 4BP

£220,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Easily Managed
Established Convenience Store
Excellent Reputation
Highly Profitable
Off Street Parking
Prominent Trading Location
Well-Equipped Retail Area

Description

A wonderful opportunity has arisen to acquire a thriving convenience store located a short distance from Thornhill in Penpont. Owned by the current proprietors for over 40 years the business has grown steadily and expanded now offering lottery and paypoint facilities. E Wilson Penpont Shop is an incredibly popular local convenience store ideally placed in the centre of the village to capture repeat business and passing trade.


The business trades as a convenience store and is the only shop within Penpont. A long-established freehold business turning over in excess of £300,000 PA excluding lottery and pay point sales. This could easily be increased by extending opening hours.


Owner operated with the assistance of two part time member of staff, the business trades:


Mon-Fri 7am-5pm


Sat 7am-4pm


Sun 8am-12 noon


The convenience store stocks a wide variety of fresh and frozen foods along with a good selection of ambient produce. Stock levels fluctuate around the £25,000 level.


The business operates from a detached, ground floor retail premises in a prime trading location on the main road.


Internally the premises comprise a retail sales area at the front, fitted throughout with a range of fixed and free-standing display units and shelves, newsstands, and drinks fridge. To the rear of the property there is the small kitchen area, storage area and WC.


The retail premises open on to the main road and occupies a larger than average plot. To the rear of the property there is a useful garden area which was previously used as an allotment and to the front there is off street parking for up to 3 vehicles.


100% Rates Relief


This is a steady and successful business, run to suit the lifestyle of the current owners. Full trading information will be provided following a formal viewing.


Price


Offers Around £220,000 are invited.


An inventory will be compiled to detail all items of a personal nature excluded from the sale.


Stock will be in addition at valuation.


Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,157 /mo.25 Years, 5% Interest
Loan
ÂŁ198,000
Total Repay
ÂŁ347,246

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ700
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
Your effective LBTT is 0.32%

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