Shop for rent

Green Tree Gift Shop and Post Office, 32 High St, Fortrose, Ross-Shire, IV10 8SU


Offers over
£9,000 per annum
£750 per month
S.O.A.

Description

• Charming and well-presented, easy to operate gift shop and post office within the highly desirable village of Fortrose.

• Set centrally to the village adjacent to stunning coastline and within an area of stunning character with ease of access to a wide range of facilities and amenities.

• Category 'B' listed building in a conservation area with approximate internal areas to around 57m2 within a prime trading location.

• Popular gift shop and post office trading year-round with high levels of demand from this thriving and growing community.

• Attractively appointed shop, with separate royal mail sorting area, generating a sound level of profitability.

• An excellent, lifestyle self-employment opportunity in a positive trading location with some business development potential.

DESCRIPTION
The Green Tree Gift Shop and Fortrose Post Office is a charming category 'B' listed building in a conservation area, within a stone-built property dating from 1836. A popular business set within a busy trading location adjacent to a wide range of other retail units in the ever-popular and thriving village of Fortrose. The business operation is set to a ground floor unit with separate areas for the retail aspects and the royal mail sorting office. The first-floor accommodation does not form part of the lease. The total trading area extends to circa 57m2 within a unit which is beautifully appointed with many gift items, a shop counter and a post office counter. There is a staff / store room and bathroom facilities.

TRADE
The Green Tree Gift Shop and Fortrose Post Office has excellent signage facing the high street with its prominent village centre location. The shop and post office enjoys a high level of local patronage, which has been constant even during the current Covid crisis, and in more normal times benefits from the influx of visitors during the main tourist season (April - October). This charming gift shop is well frequented and is highly regarded, benefitting from a strong trading location. This establishment has a fine reputation for its wide range of bespoke gifts, which reflect the character of the area.

The businesses current trading model produces a solid level of profitably but if new owners had a penchant for social media undertaking internet sales, there would be undoubted scope to expand the business. Current custom is mainly generated by word of mouth and limited marketing. The Green Tree Gift Shop would benefit from a business website which presents a further area of development for new owners. The post office business is supported by its own websites.

OPENING TIMES
The business is normally open at the following times (outside Covid restrictions):
Monday, Tuesday, Wednesday and Friday - 9 am to 1 pm plus 2 pm to 5 pm.
Thursday and Saturday - 9 am to 1 pm.
Closed Sunday and all Bank Holidays.

STAFF
The vendors presently work full-time in the business with the support of 1 casual employee.

LOCATION
The village of Fortrose offers a range of facilities including: a general store, and bakery, along with a good selection of hotels, restaurants, pubs and other retail outlets. Village amenities include a golf club, sailing club and bowling & tennis club, along with a sports centre. Primary education is provided at Avoch Primary School and secondary education is provided at the acclaimed Fortrose Academy.

The property is within easy commuting distance of Inverness city, which is 13 miles distant, to which there are frequent bus links available. Inverness, the main business and commercial centre of the Highlands, offers extensive shopping, leisure and entertainment facilities, along with excellent road, rail and air links to the south and beyond.

Fortrose attracts a great many visitors to the area, using it as a central vacation base for exploring the wider region and taking in its many attractions. The dolphins off Chanonry Point are a great attraction for both locals and tourist. The area also boasts a number of other attractions such as the Fortrose and Rosemarkie Golf Club, horse-riding, Hugh Millers Home at Cromarty and Fortrose Cathedral to name a few. In addition, outdoor pursuits such as bird watching and fishing also draw a significant number of visitors to the region who take advantage of the abundance of wildlife in both the Moray Firth and Cromarty Firth. The locality is also famous for its castles and distilleries which appeal to the more pedestrian tourist. Loch Ness is a short drive away and Culloden Battlefield is a most popular attraction. The Black Isle enjoys an advantageous geographic location and is both a popular residential area and visitor location.

REASON FOR SALE
The current proprietors obtained the lease on 31 January 2015 and it is their desire to retire that brings this lovely lifestyle business to the market.

THE PROPERTY
The Green Tree Gift Shop and Fortrose Post Office is a well-located business with the customer areas being set on the ground floor only. Benefitting from a well-signed presence on the High Street, the frontage of the unit features large picture windows which afford excellent displays. Stone steps from the street level provide access through double storm door via a vestibule into an open plan retail area. The shop has a snug and welcoming layout displaying a wide range of gifts and associated items, extending to about 37m2. The nature of the retail element creates a cosy ambience. The customer counter is centrally situated, making the shop an easy-to-operate business. Next to it is the post office counter. Behind these side-by-side counters is a secure store room which also couples as a staff area. The retail aspects are well displayed using a wide range of display units. Lighting is by way of modern ceiling units. A door leads into the Royal Mail Sorting Office where there is a staff washroom. There is on-road parking immediately to the front of the shop plus other parking within a short walk of the business.

SERVICES
The business benefits from mains electricity, water and drainage. All heating appliances are electric. The unit benefits from a security system.

PRICE
Offers Over £60,000 are sought for the assignation of the lease plus goodwill and trade contents (according to inventory). Stock at valuation.

LEASE
The extant Fully Repairing and Insuring Lease is in place and runs to January 2025. The annual rent currently stands at £9,000 pa. We understand that the landlord is prepared to provided a letter of comfort expressing the willingness to extend the lease to 15 years for suitable tenants. A copy of the extant lease is available from the selling agents (ASG Commercial Ltd) to seriously interested parties.

Categories

ShopsGift ShopsHigh Street Retail PropertyPost Offices
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Property reference
Green Tree Gift Shop