Buchanan’s Newsagent, 88 High Street, Invergordon, IV18 0DL

• PRICE REDUCED
• Attractive retail unit extending to around 100m²
• Prominent frontage with large display window
• Located on a busy pedestrian route in the centre of Invergordon
• Ideally located opportunity to own a profitable newsagent
• Option to further develop trading levels and profitability

Buchanan’s Newsagent is the ground floor trading unit of an attractive multi-storey property. The owner trades as a newsagent as well as offering “made to order” takeaway food. This flexible retail unit is located centrally on Invergordon High Street.

The street level internal aspects are mainly open plan and benefit from a well-appointed welfare / storage area located to the rear. The property and business are being sold as a going concern. The building has an excellent and flexible sales area, extending to circa 100m².

TRADE
The business has a solid year-round trade with peak trading in the holiday season when it benefits from the influx of tourists to the area. A high level of passing trade further enhances turnover. During the winter months, the owner and his family having developed the support of locals thus benefitting from a solid level of income. The business generates a consistent profit but could be operated to a higher level with extended opening hours and considering some inward re-organisation to maximise returns. The shop is currently run by the owner’s family with one member of staff. They operate the shop from 05:30 until 17:30 Mon to Sat, and on Sun the shop is open 06:00 until 12:30 in the winter (13:00 in the summer).

Merchandise includes fresh produce and drinks, general grocery items, chilled items, ice cream, newspapers, stationery and magazines to name but a few. The present trading configuration makes it an easy-to-operate business and provides scope to adjust the range of goods and services should new owners wish to do so. Internally, all areas are easily accessible with all sales areas being intelligently laid out utilising a modern range of shelving units and display stands. The sales counter is situated to one side of the main entrance affording excellent control of the shop. The business benefits from a fully operational EPOS system.

REASON FOR SALE
The vendors have owned Buchanan’s Newsagent for several years. It is their desire to relocate that brings this excellent property to the market.

THE PROPERTY
Buchanan’s Newsagent is part of an attractive sandstone building, excellently located on Invergordon High Street, close to where the cruise liner passengers arrive. The inviting shop frontage is fully glazed with a large, picture window frontage, thus enjoying natural lighting and a clear line of sight from the pavement. The current owners have placed opaque signs to the right-hand side which could be easily removed if desired. The sales area is approximately square in shape, the left hand side housing the counter and fresh food sales, leaving the balance of the unit to the newsagent trade.

In addition to the shop retail area there is a WC, store and office, all located to the rear of the unit. The subjects are split into two sections; the main retail area (extending to about 65m²) and staff accommodation (extending to around 35m²). The property is on the ground floor only and has level access from the high street.

SERVICES
The unit benefits from mains electricity, water and drainage.