Stow Shop & Post Office, 13-15 Townfoot, Stow, TD1 2QN

A licensed village shop selling convenience items plus a range of stationery, cards, toys and household goods.

The shop has a separate Post Office counter and offers Amazon Hub and Lottery services.

The building is Listed and in a conservation area.

Stow, a charming and popular village, is 25 miles to the south of Edinburgh, with the A7 road bisecting it. The next main town is Galashiels around seven miles to the south.

Stow has benefitted from the Borders railway link re-opening in 2015 with station including bar in the village. There is also a primary school and health centre.

There are several golf courses nearby which produce passing trade, with many day trippers spending time in the village when travelling the train line also.

The premises has a main retail area to the front with a central gondola and a mixture of shelving, freezers and chillers around the perimeter.

The service area is positioned to the right with large counter area. Tobacco products, vapes and alcohol are stored behind the counter.

There is secondary retail space to the rear which houses the Post Office counter. Cards, toys and gifts are merchandised in this space.

There is an office and store room adjacent to the Post Office counter and secondary storage area with bathroom to rear of shop. A third storage cupboard lies at the top of the stairway and houses entry to the cellar.

The cellar although not in use, it would be serviceable for storage if required.

We have been advised that all trade fixtures and fittings are owned outright and included within the sale/purchase.

The shop premises form ground and basement levels of a three story brick build tenement building.

This is a Listed building within a conservation area.

An outstanding opportunity to secure a unopposed village shop with community Post Office contract on a new long-term lease in the charming and popular village of Stow in the Scottish Borders.

The shop may benefit from an internal refresh with a more convenience led approach or symbol group tie in making the most of the available space and maximising sales.

A new owner could look to explore a range of different options to capture commuters and passing trade while the opening hours could also be extended to increase turnover.

There are five staff members in total not including the owner, of which two are trained to do all Post Office services.

A full anonymized staff report can be produced for interested parties.

Transfer of Undertakings (Protection of Employment) Regulations (TUPE) will apply to any remaining staff.

Full business accounts can be shared post viewing stage.

Turnover for year end 31.03.24 was 331,675 with adjusted net profit at 33,812. Post Office commission at £21,020 for same period.

Shop
Monday to Friday 6.00am - 5.30pm
Saturday - 6.00am - 4.00pm
Sunday - 8.00am - 11.00am

Post Office Counter
Monday to Friday - 9.00am - 5.30pm
Saturday - 9.00am - 12.30pm
Sunday - Closed

Offered as a new lease with goodwill value at £75,000. Lease term negotiable.

Rental £12,000 per annum.

Stock at valuation at point of entry.

The current Rateable Value as of 1 April 2023 is £4,050. This is subject to status and all interested parties are advised to check with the relevant local Authority.

Alcohol Licence