Premier Kyles Convenience Store, Tighnabruaich, Argyll, Scotland, PA21 2DR

A rare opportunity to acquire a freehold convenience store with owners' accommodation with potential to increase trade by extending the opening hours.

This ideal opportunity for an owner operator with family offers an established and loyal customer base of an unopposed convenience store. The store also offers ample free customer parking at the front.

Additional services include Lottery and scratch cards, with the store also carrying a fine selection of Scotch Whisky which is popular with tourists.

Tighnabruaich is a village on the Cowal Peninsula, on the western arm of the Kyles of Bute, in Argyll and Bute, west of Scotland. It is two hours west of Glasgow and lies to the north of the Isle of Arran. The Loch Lomond and the Trossachs National Park are an hours drive east.

Tighnabruaich is on the A8003 road which is eight miles long and travels to the A886 in the east. There is a mixture of hotels and bed & breakfasts in the village with two cafes and an Indian restaurant. A lifeboat station, sailing school, and fishing pier are also located in the village.

The business has an open plan sales area and is fitted and equipped for the sale of convenience goods, alcohol, tobacco and cigarettes, confectionery, cold drinks, stationery, newspapers and magazines, as well as a large ice cream freezer for single serve ice cream.

There is non-slip flooring, LED lights within the false ceiling tiles and CCTV cameras located throughout.

We are advised by our clients that the fixtures and fittings are wholly owned and will be included within the sale.

The property is brick built with pitch and tile roof. It is a detached building with business premises on ground floor and accommodation above.

There is ample free customer parking located at the front.

The owners' accommodation is a three bedroom flat with large living and dining space, separate kitchen, and bathroom with shower/bath. There is also loft space used for storage.

Access is from the rear of the property which includes a large garden area with views to the Isle of Bute.

The store has traded for 10 years under the current ownership, they acquired the business in 2014 and have enjoyed the success since.

Business is mainly derived from a mixture of traditional convenience goods such as confectionery, snacks and soft drinks, with alcohol and tobacco/vapes continuing to perform strongly.

There is further potential to increase trade via the means of longer opening hours, particularly on weekdays. With the location being fairly remote, a new owner could look into home deliveries for customers.

The business is ran by husband and wife owners, who have occasional part-time staff but we are advised no staff will be transferred over.

turnover for year ending 30/6/24 was £422,351. Full accounts can be shared post viewing.

Monday to Saturday
9.00am - 6.00pm

Sunday
10.00am - 5.00pm

Offered to the market on a freehold basis at £350,000.

Stock at valuation at date of entry.

The current Rateable Value as of 1 April 2023 is £7,500 and therefore qualifies for 100% relief via The Small Business Bonus Scheme. This is subject to status and all interested parties are advised to check with the relevant Local Authority.

Alcohol License