For Sale

Award Winning & world famous Newsagents

Glasgow,

£64,995 +SAV

Ref: B05197

Contact sales negotiator

Jessica Aspinall

01204556307

Email Jessica Aspinall

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Description

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and performing, award winning “turn key” mini supermarket store with a world-famous reputation.  Alfy’s Paper Shope is the shop that has been used in the filming of the popular BBC hit TV series Still Game since the pilot episode many years ago & is now perhaps one of Scotland's best-known shops

The business has been placed on the open market as it’s our clients desire to concentrate on other business interests.
Alfy’s paper Shope  has been operating under the careful and meticulous ownership of our client for over 20 years and who has grown the business year on year to an impressive level with turnover & net profit now at a consistently good level, the shop is a real hub within the community with the owner knowing just about every customer on first name terms  & creating the old fashioned community spirt within the local area  resulting in the shop becoming an award winner & newsagent & community champion of the year Scotland & Northern Ireland 2018/2019.The business stocks a wide selection of convenience items from news sheets, confectionary, groceries, cigarettes, hot take away food & coffee, household items and stocks an impressive amount of everyday hardware items along with a key cutting service.

The business also sells an impressive selection of Mr Whippy Ice Creams, Fresh Milkshakes and Slushies that are extremely popular with visitors to the famous shop.

In addition, the shop also has an ATM, and does phone top ups, bill payments gas & electricity sales.
There is scope to increase turnover with additional opening hours along with the provision of a hot food service/takeaway/bakery and expanding some of the retail lines currently stocked & paper delivery service. 
The premises are in fantastic general condition and well maintained throughout, we feel that this is an excellent opportunity for a new owner to take this famous business to the next level.


A tremendous opportunity to own this iconic turn key business, and early enquiries must come highly recommended to avoid disappointment

Tenure

Leasehold

We are advised that tenure is offered on a leasehold basis, 25-year lease with 2 years remaining. Rent £7200 Per Annum. No Rates

Hours

Monday To Saturday   0700 – 1900
Sunday 0700 – 1500



Staff

The business is currently run & managed by our client


Financial Profile

Accounts will be made available to all interested parties

Location

The business occupies a prime trading location in the heart of Glasgow’s famous Townhead (G4) area & is set in a popular parade of similar style retail premises. This is the iconic location for one of Scotland’s most popular BBC comedy TV shows “Still Game”, with the shop being used as a set location for the filming of the ever-popular TV series & most famously known as Harrid's Convenience Store in the hit TV show.

As a result of the popularity it leads to an exceptional level of footfall & passing trade as its now known worldwide, with visitors from all around the world. The business is also surrounded by a wealth of student accommodation, the city of Glasgow College, Strathclyde Business School as well as being in the heart of a densely populated community.


In recent years the area has had a significant investment from both public & private bodies for the regeneration of the area, this is something that is actively ongoing & will only benefit the local area in the long term

The city of Glasgow is a thriving mixture of university campus sites, bars, restaurants, gallery’s, theatres & major retail facilities, with the business easily being within a short drive to the city centre making the location of the business exceptionally attractive to potential purchasers. 

The area is very well serviced in terms of local amenities, a wide selection of independent businesses & has excellent public transport links to all other parts of the city.

Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre. 

The city offers many amenities for a wide range of cultural activities, from curling, opera, ballet, sporting events & major music events


 

Premises

The business occupies a substantial  retail premises and benefits from excellent signage to the exterior.

Main store:
Fitted to a very good, modern standard
Bright and clean
Large, modern, service counter
Electronic till point
Cigarette  gantry
Benefits from large centre display units running almost the full length of the shop
Good selection of fitted refrigeration units.

To the rear of the premises:
Modern well fitted Office
Large storage area with shelving
Toilet facilities 
Kitchen area

The store also benefits from  secure rear access for deliveries ,CCTV, Alarm System and roller shutters to the front of the premises.


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