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4 bedroom block of apartments for sale
Macdonalds Hardware Store and Two Flats, High Street, Dingwall, Ross-Shire, IV15 9HL
£599,000
Macdonalds Hardware Store and Two Flats, High Street, Dingwall, Ross-Shire, IV15 9HL
£599,000
Our Summary
- The significant turnover is generated from a wide selection of sales which include general household goods, gifts, gardening equipment, pet supplies, brewing supplies, general hardware and DIY items to name the main categories
- Subject to consents there may be scope to introduce a café style facility which could be a great income generator in its own right but could also drive additional footfall
- The current owners have been reducing their input into the store in recent years to reflect their desire for an improved work-life balance
- It is the vendors belief that younger operators, or someone looking for a sound business development opportunity, could build on the existing trading patterns through the provision of additional services thereby raising the business performance even further
Description
MacDonald's Hardware is a thriving retail business located in the town center of Dingwall, with a long trading history dating back 50 years. The property, built in 1875, has a net trading area of approximately 465m2 and is set out intelligently to maximize space. The store generates a significant turnover from a wide range of products, including general household goods, gifts, gardening equipment, and DIY items. The first floor has potential for further development, including the possibility of introducing a café-style facility. The business has a strong reputation and loyal customer base, with ample free car parking nearby. The property also includes two residential flats above the shop, which are in good decorative order. The reason for sale is the vendors' desire to retire, and the business would suit someone already in the retail sector or associated building trades.