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Studio flat for sale
Macdonald's Hardware And Two Flats IV15, Highland
£599,000
Macdonald's Hardware And Two Flats IV15, Highland
£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
- This successful business trades to a very profitable level and there remains scope to develop the trading aspects further
- Business development potential
Description
MacDonald's Hardware is a thriving retail business located in the heart of Dingwall, Scotland, with a long history dating back 50 years. The store has a wide range of products, including general household goods, gifts, gardening equipment, and DIY items, and has a strong and loyal customer base. The business is situated in a prominent trading position, with a net trading area of approximately 465 square meters and a frontage of over 9 meters wide. The store is set out intelligently, utilizing shelving and racking to maximize space. The first floor has several rooms that could be developed to introduce new services, such as a café or additional storage. The business has a sound reputation and is highly popular in the local community, with a loyal customer base and a strong turnover. The property is of traditional construction and is in good decorative order, with two flats on the first and second floors that could be used as staff accommodation or rented out. The business is being sold due to the vendor's desire to retire, and it is an excellent opportunity for someone already in the retail sector or associated building trades to take over and develop the business further.