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Buckleys Newsagent 687 SF Retail Condo Unit Offered at $197,388 CAD in Lossiemouth IV31 6PR
INVESTMENT HIGHLIGHTS
- Attractive retail unit extending to around 64m²
- Located on a busy pedestrian route in the centre of Lossiemouth
- Opportunity to further develop trading levels and profitability
- Prominent frontage with large display window
- Ideally located opportunity to own a profitable newsagent
EXECUTIVE SUMMARY
Buckley’s Newsagent is part of an attractive stone building with a slate roof and is centrally located on Queen Street, one of Lossiemouth’s main retail streets, The inviting shop frontage is fully glazed with a large, picture window frontage, enjoying natural lighting and a clear line of sight from the pavement into the shop interior. The sales area is rectangular in shape, with a counter to the rear of the sales area. The stores and welfare area sit behind that. The welfare area benefits from natural light and overlooks the gardens of the adjacent properties behind. This area consists of a toilet, tea preparation and storage area. It should be noted that there is a provision within the title deeds for maintenance access. All the owners of the building employ a factor who organises any external works, recently there was work undertaken to the east side guttering. In addition to the shop retail area there is a WC, store and office, all located to the rear of the unit. The subjects are split into two sections; the main retail area (extending to about 38m²) and back of house and counter areas (extending to around 26m²). The property is on the ground floor only and has level access from the street. There is an under-stair cupboard with excess shelves.
PROPERTY FACTS
| Total Building Size | 3,348 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,095 SF |
| Property Subtype | Storefront | Year Built | 1890 |
| Building Class | B |
| Total Building Size | 3,348 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 2,095 SF |
| Year Built | 1890 |
AMENITIES
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit 29B
| Unit Size | 687 SF | Condo Use | Retail |
| Price | $197,388 CAD | Sale Type | Investment |
| Price Per SF | $287.32 CAD | Tenure | Freehold |
| Unit Size | 687 SF |
| Price | $197,388 CAD |
| Price Per SF | $287.32 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
Buckley’s Newsagent is the ground floor trading unit of an attractive multi-storey property. The owner currently trades as a newsagent. and was formally a Post Office. This flexible retail unit is located centrally on Lossiemouth’s Queen Street.
The street level internal aspects are mainly open plan and are well-appointed throughout. The property and business are being sold as a going concern. The building has an excellent and flexible sales area, extending to circa 64m²
Reason For Sale
The vendor has owned Buckley’s Newsagent for a little over 20 years. It is his desire to retire that brings this excellent business to the market.
SALE NOTES
Offers over £106,000 are invited for the freehold interest complete with goodwill and trade contents (according to inventory). Stock at valuation.
NEARBY MAJOR RETAILERS
Presented by
Buckleys Newsagent
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