Retail premises for sale in Retail Unit / Development Opportunity, 49-53 Grant Street, Burghead, Elgin IV30, £120,000

120,000.00

Offer Nr.:
64701612
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
ASG Commercial
Phone(s):
01463 357069

* Compact licensed store previously serving the town and surrounding areas.
* A profitable lifestyle business opportunity sitting centrally within the community of Burghead on the Moray Firth coast.
* Prominent trading location taking advantage of passing trade, plus locals and tourists alike.
* Previously offering local post office provision offering a sustainable and unique service to the town.
* Single storey unit with attic storage extending to a net internal area of circa 82m2.
**Description**
Burghead Stores is set within the small coastal town of Burghead and is a
single storey property with attic storage. Set in a prominent roadside trading
location, the property has prominent signage options. The unit extends to
around 82m2 and was previously the only post office within the locality, also
providing a wide selection of convenience essentials to the broader community
and visitors. The premises is set to the ground floor with stairs leading to
the attic floor. The building has ample storage facilities which could present
an element of re - organisation to increase the sales areas subject to consents.
**Trade**
The owners took the decision to close the shop and Post Office in April 2023
due to ill health. The business had a solid year - round trade with a peak
trading period in the spring and summer seasons, benefiting from the influx of
tourists to the area and a high level of passing trade. The business generated
a modest profit but under new ownership there is huge scope to operate at a
higher level.
The trading configuration makes it an easy - to - operate business but provides an
element of scope to expand the range of convenience goods and services
previously on offer should new owners wish to do so. Internally, all areas are
easily accessible with sales areas being intelligently laid out utilising a
modern range of shelving units and display stands. The sales counter is
situated opposite the main entrance affording excellent control of the shop.
The business benefits from a fully operational epos system. Any purchaser
would need to apply to the Post Office to re - open this element of the
business. The property offers scope for alternative retail / café use subject
to necessary planning consents.
**Location**
The shop is located in a prominent position which ensures that it benefits
from the busy tourist season and also from the regular local trade. The town
is situated on a peninsular which juts out into the Moray Firth which is
famous for its dolphins, seals and whales. The harbour has a long tradition as
a fishing port and is also popular with day visitors. The climate surrounding
this part of the Moray coast is famous for its unique mild weather. On the
west side of the town is a golden sand sandy beach which stretches along to
the village of Findhorn.
Burghead is centrally located for exploring the wider Highland region and
taking in its many attractions. Outdoor pursuits such as bird watching and
fishing also draw a great many visitors to the area who take advantage of the
abundance of wildlife. Within the Moray Firth sailing and other water sports
are undertaken. For the dedicated golfer there are a number of outstanding
championship quality golf courses within the immediate area, the most notable
being Castle Stuart, Nairn and Lossiemouth. Castles and distilleries offer the
more leisurely tourist ample places of culture, interest and history to visit.
Burghead enjoys a very good geographic location and is an ideal coastal base
from which visitors can continue their odyssey of the Cairngorm Mountains,
Inverness, Sea Fish Trips, Bird Watching, Culloden Battlefield and Loch Ness;
all within an easy day trip.
The City of Elgin (Population c25, 000) and Forres (population c5300) are only
a 15 - minute drive away and Inverness (the Highlands Capital) is a 50 - minute
drive. All these locations offer a vast array of shops, social, cultural and
welfare facilities and amenities. Both Forres and Elgin have a main line
railway station and Inverness Airport is 29 miles distant.
There is a gp practice, chemist, hairdressers, post office and general store
within the town. The Headland Trust opens their Information Centre during the
summer offering regular referrals for accommodation and food. Nursery and
primary education are available within Burghead. For secondary education, free
transport is provided to either Lossiemouth High School or Elgin Academy.
Moray College is located in Elgin and the University of the Highlands and
Islands is situated in Inverness.
**Reason for sale**
The shop was purchased in November 2013 and it has offered the vendors a
successful lifestyle. It is retirement that brings this charming retail
opportunity to the market.
**The property**
The original property is of stone construction under a pitched slate roof. The
trading areas are set on the ground floor with garage and attic storage. This
is a prominent roadside location and the property offers excellent signage
options. This terraced property has street level access. There is ample
parking to the main road and the shop is accessed from street level.
Internally the business is well presented utilising a good range of flexible
fixtures and fittings including free - standing displays. The main sales counter
is situated immediately inside the main entrance, providing practical control
of the product display areas and facilitating good customer service. To the
right of the customer counter, the store has a range of shelving and
merchandise racking including refrigeration and freezer units. The shop has a
logical configuration.
**Service areas**
The premises service areas are exceptionally well laid out to support the
trading aspects of the business. To the side of the building there is a
spacious store room with a side access door leading to a garage which is also
used for storage. Within these ground floor units are basic staff facilities
in term of a worktop area and sink. A staff W. C. Is located on the attic first
floor. There is further storage on the first floor benefitting from Velux
windows.
**Owners accommodation**
There is no owners accommodation with this property but the owners have a
3 - bedroom house which may be available by separate negotiation. Full details
will be available from the selling agents.
**External aspects**
The property has right of access via the rear of the garage to carry out
external repairs, and for alternative entrance. Local on - road parking is
available along Grant Street and Brander Street.
**Services**
The property benefits from mains electricity, water supply and drainage. The
store has an alarm system.

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