The Keystore, Maryburgh, is a popular licensed convenience store situated in a busy and recognisable trading location. The business is well-established and original aspects of the building date from around 1820 with modern extensions. The property has a prominent frontage extending to 6.45 metres with modern signage. Parking is situated to the front of the shop which is supplemented by unrestricted on-road parking. Internally the shop is arranged at ground level enjoying spacious retail floor space with well-laid out aisles. There is a raised area to the rear aspects of the sales area. The shop benefits from large refrigerated units, freezer display cabinets and free-standing wall and centre aisles units. A spacious sales check-out counter is located close to the entrance providing an ideal focal point for customer service and security. Adequate stock storage and staff facilities are located just off the public areas. The sales areas extend to around 88m2.
An attractive feature of this sale is the spacious family accommodation set on the first and second floors. The 2 double bedrooms and flexible living accommodation make this an appealing family home. This smart accommodation combines with the enclosed garden to provide ample amenity space.
The business caters to a solid year-round demand from local residents with additional tourist trade within the summer months. Turnover sits at around £360,000 generating the potential for strong profitability. Trade is driven through traditional grocery and news agency sales which have evolved over recent times to include a wide range of merchandise in this smart, exceptionally well presented store. Items available for sale include fresh and frozen produce, greetings cards, bakery lines, soft and alcoholic drinks, tobacco, newspapers and confectionery without being exhaustive. The store is popular for the sale of lottery tickets and its cash machine. Providing for the daily needs of local inhabitants the shop is well regarded and this is reflected in the consistently high sales.
The business operates seven days per week however there is potential to extend opening hours should new owners wish to increase trade. There is no doubt that new proprietors wishing to take on a hands-on role could continue to build on successes to date and in turn drive higher turnover and profitability on an annual basis.
The Keystore is conveniently located on Proby Street (A862), the main thoroughfare of Maryburgh. The village is situated one mile from Conon Bridge, with its local amenities including a vet, post office & pharmacy, as well as a hotel, tea room and Ben Wyvis primary school. Maryburgh is located about 1.5 miles from Dingwall where there is a wider range of facilities and amenities including secondary eduction. Inverness, the Highlands capital, is only 13 miles away with the full range of services associated with a modern city including a mainline railway station and an airport. Many people live in vicinity and commute to Inverness, there are regular bus services provided.The nearest railway station is in Conon Bridge.
The area surrounding Maryburgh provides many places to enjoy the outdoors including nearby walks on Brahan Estate and Ben Wyvis. The area has a great many golf courses, beaches and places of historic interest including Culloden Battlefeild and Loch Ness. Other local attractions include a number of castles and distilleries. Outdoor pursuits such as bird and nature watching also draw a great many visitors to the area who take advantage of the abundance of wildlife. Within the Cromarty Firth seals are readily observed and in the Moray Firth dolphins are a great attraction.
REASON FOR SALE
The vendor has traded the business since January 1995 and it is only the realisation that it is time to retire that brings this appealing lifestyle business to the market.
The original property is of stone construction under a pitched slate roof with modern flat roof extensions to the rear. A semi-detached property, all trading accommodation is set to ground level with living accommodation situated on the first and attic floors.
TRADING & SERVICE AREAS
From a visible roadside location, the premises has a well-signed frontage and easy access. The sales area is extremely well maintained throughout and has a good range of flexible fixtures and fittings. The tiled floors, modern suspended ceiling and effective lighting make the sales area bright and appealing. The smart wood-effect sales counter is set to the right hand wall by the main entrance providing sensible security coverage of the sales area. Extensive aisles and perimeter shelving offer an excellent display of a wide variety of grocery items. The store has a good selection of chilled / freezer display cabinets. To the rear aspects of the shop is a raised sales area which is accessed by two sets of steps.
To the right hand side of the service counter is a suite of service rooms. There is a large office and a modern staff area. The staff room has a kitchen sink and storage units with W.C. off. In addition there are two secure storage areas. To the rear of the shop is a further spacious storage room for general stock items. The shop has a security system including an alarm and seven cameras which monitor activity within the shop.
The owner’s accommodation is situated on the first and attic floors. An appealing feature of the building is the private entrance to the owners flat however access can also be gained via the shop. A corridor from the front door leads to a stairway which arrives onto a spacious landing. Off the landing is an attractive bathroom fitted with white units to include a wash-hand basin, bidet, W.C. and bath with shower unit including glass panel. Also off the hallway is an airing cupboard with water tank. An attractive feature of the owner’s accommodation is the spacious lounge and the attractive dining-kitchen. The lounge provides ample family space with a stairway leading to the bedrooms. Through an archway is the beautifully appointed dining-kitchen with modern wall and floor-mounted units. On the attic floor are two double bedrooms plus a further W.C. The accommodation is tastefully decorated throughout.
The business has a prominent roadside frontage with attractive signage. Unrestricted roadside parking provides for customer needs. The business has an area of parking on a small fore court. To the side of the property is a shared driveway that leads to a double garage and private parking; the garage has one electric up-and-over door. The garden grounds can be accessed from the rear which are set to an attractive area of decking plus a spacious lawn area making this an ideal family home.
The property benefits from mains electricity, water and drainage. There is LPG gas central heating throughout the house. The house also benefits from air conditioning. The property has an internal system.
This business operates under the Licensing Scotland Act 2005 and a copy of the licence will be made available to interested parties post viewing.
Monday to Saturday - 6 am until 7 pm
Sunday - 7:30 am until 2:30 pm
The lease heads of terms are:
Capital Premium: £20,000
Rent: £12,000 p.a. rent.
Rent Payments: Quarterly in advance
Rent Reviews: Every Five years in line with RPI
Lease Duration: 12 Years
Lease Type: Full Repairing and Insuring; lessee bears the cost of Insurance