Scalloway Meat Company, Main Street, Scalloway, ZE1 0TR

Price On Application
Key Details

Energy Efficiency:

TBC

Rateable Value:

£22,240

Price:

On Application

Status:

Available

Entry:

By arrangement.

Viewing:

Strictly by appointment only by telephoning 01595 880 841 or contacting our property department directly on 01595 480 751.

Overview

Long and well-established butchery and licensed grocery shop business situated in an excellent, very prominent trading position right in the heart of the picturesque village of Scalloway which is clustered around a sheltered harbour area on the west coast of Shetland 6 miles from Lerwick.

In addition to the butchery side which operates out of a modern, recently converted processing unit, this popular local business has retailed a wide variety of general grocery and non-food items to the local community and beyond since 1925. The business has a very loyal customer base and enjoys a strong and consistent turnover.

Also included is a second butchers shop in the Toll Clock Shopping Centre, the only independent butchers in Lerwick.

The owned Scalloway premises are included in the sale however consideration will be given to a sale of the business with a lease of the premises.

General Information

Situation

Scalloway Meat Company is situated in an excellent, very prominent trading location on Main Street right in the heart of the village of Scalloway which lies on the west coast of Shetland approximately 6 miles from Lerwick. Originally the ancient capital of Shetland, the village, the second largest population centre in Shetland with a population of around 1,000, is clustered around the sheltered harbour area. Main Street which runs alongside the harbour, is the hub of the village and the main commercial area being the location of several local shops including a chemist / post office and other local businesses. There are various amenities close by including the school, swimming pool and doctor's surgery. Just around the harbour at Port Arthur is a boating club & marina, and the North Atlantic Fisheries College Marine Centre which supports Shetland's maritime industries through training and research.

Thanks to its rich history the area is also a popular tourist destination. Scalloway's imposing castle is just along the road as is the local museum where information about the famous wartime 'Shetland Bus' operation which was for a time based in Scalloway, can be found. The business is therefore well placed to serve the local community in Scalloway itself as well as the wider area including the neighbouring islands of Trondra & Burra, and also the central mainland of Shetland, in addition to visitors.

There has been extensive residential development in the immediate area in recent years, particularly at East Voe on the east side of the village, with a further large development planned to the north by Berry Farm, all bringing in more people to the area. A community initiative, Re-Create Scalloway, led by Shetland Islands Council and Scalloway Community Council has plans to carry out further environmental improvements to the local area.

The Shetland Islands themselves lie in the middle of the North Sea about 100 miles north of mainland Scotland, and are in fact closer to Bergen in Norway than to Edinburgh. Spread over 100 islands, 16 of them inhabited, Shetland has a population of around 23,000 and offers spectacular and unspoilt scenery and much to offer those with an interest in ornithology & wildlife, archaeology as well as local heritage and culture aplenty. The harbour area in Scalloway is the location of the village's own fire festival in January, an impressive spectacle which marks the start of the Up Helly Aa season throughout Shetland.

Thanks to the oil boom of the 1970's, islanders enjoy a fantastic range of services including a network of leisure centres (as noted there is a swimming pool in Scalloway), schools and excellent transport links with a good road network.

Despite the remote 'get-away-from-it-all' location the Scottish mainland is still easily accessible with a daily overnight ferry service operated by Northlink Ferries (www.northlinkferries.co.uk) linking Lerwick with Aberdeen & Orkney, whilst Loganair (www.loganair.co.uk) operates regular direct flights from Sumburgh Airport in the very southern tip of Shetland to Aberdeen, Edinburgh & Glasgow.

The Business

This long established business has traded since 1925, moving into its current main premises in the early 1980's, the second Lerwick outlet opening in 2014.

The focus of the business is twofold, the butchery business operating from a recently renovated, modern processing unit behind the shop, and a grocery / general store. The butchery retails a wide variety of produce including poultry, lamb, beef & pork, sourced locally where possible to support the local farming industry, plus a large selection of ready meals cooked on the premises, including pies, curries, soup & sandwiches, and a range of frozen meats & freezer packs. In addition to selling butchery products through its own shops, they are also stocked by a range of other outlets in Lerwick and throughout Shetland including as far as the island of Unst.

In addition to the butchery retail space, the general store has a large grocery section with fresh fruit & veg, again locally sourced where possible, frozen food, bakery & general grocery products, confectionery & newspapers. There is also an off-sales licence, hot drinks machine, national lottery outlet and autobank cash machine. Upstairs a further non-food department offers a selection of hardware, homewares, toys, gifts, stationery & greetings cards.

The current opening hours are:-

Monday - Thursday 8am - 10pm

Friday 7:30am - 10pm

Saturday 8am - 10pm

Sunday 12 noon - 10pm

The Lerwick outlet trades from leased premises in the Toll Clock Shopping Centre. It is now the only independent butchers shop in Lerwick, retailing the same wide range of produce as the Scalloway shop, along with a small selection of grocery items. Opening hours are 9:30am - 5pm Monday to Thursday, and 9am - 5pm Friday & Saturday.

In addition to the owner, overall the business employs around 40 staff, 13 full-time, the remainder being employed on a part-time / casual basis.

All equipment is understood to be owned outright. A delivery van which is owned outright can be included in the sale.

Further information is available on the business's own website at www.scallowaymeat.co.uk

The Building

The main shop premises, a two and a half storey building with two storey rear extension, is situated in the Scalloway conservation area. The building has an extensive and attractive frontage to Main Street with prominent signage. It is generally of stone construction below a natural slate roof, various improvements in recent years including recent re-slating of the main roof and replacement windows.

In total the main shop is estimated to extend to around 540m² (5,800ft²) (net internal area) including the main ground floor retail area, a large open space with two entrances from the street and several display windows. The grocery section is to the left, the butchers shop to the right although both are connected internally. A staircase in the middle provides access to the non-food retail area upstairs.

The grocery area is well laid out with a good range of the usual fixtures and fittings, plus various drinks chills, refrigerated and freezer display cabinets and a serving counter with three EPOS tills. There is a second serving counter on the butchery side. To the rear is a store, butchery preparation area & cold store. Upstairs the non-food retail space leads to further stores providing space for stock etc. (there is a lift), staff facilities, an office (with CCTV system) and a commercial kitchen.

A separate detached steel portal frame building (approx. 270m² (2,900ft²) to the rear of the shop was converted to a high standard in 2017 to provide a dedicated meat processing unit with modern equipment. The unit includes a freezer, cutting room, large walk-in chill, office and commercial kitchen for cooked products.

In addition to the two buildings there is a car parking area behind the shop. Public parking is available right outside the shop and along Main Street.

Accounts

Details of accounts can be made available to seriously interested parties after viewing the premises through the seller.

Ratable Value

The ratable value is understood to currently be £22,240 including the storage area, however Shetland Islands Council currently provides 100% general rates relief (excludes water & sewerage) for rural shops. Prospective purchasers should however check the position by contacting the Council directly.

Rateable Value

The Rateable Value is understood to be £22,240. Prospective purchasers should however contact Shetland Islands Council directly for confirmation.

Energy Performance

Energy Efficiency Rating: TBC

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Important Information for Prospective Purchasers

This schedule is intended only to help you decide whether to view the property. We always recommend you view the property personally.

The information is believed to be correct, but it is not warranted and is not to form part of any contract of sale. All dates, distances, areas and room sizes noted are approximate and for use as a general guide only. Prospective purchasers should satisfy themselves as to the working condition or otherwise of any equipment such as central heating or kitchen appliances.

This schedule should not be taken as a comment on the condition of the property. This is a matter for your surveyor and we recommend that once you have found a property you are interested in, you obtain a survey report. We can provide details of surveyors if required.

Interested parties are advised to note their interest through their solicitor as soon as possible so that they can be informed if a closing date is fixed. Noting interest does not place any obligation on the seller to set a closing date or to give any noted interests the opportunity to offer. Whilst every effort will be made to advise noted interests of any closing date set, this cannot be guaranteed.

No responsibility will be accepted for expenses incurred by parties who have noted interest but do not get an opportunity to offer, or for any expenses incurred traveling to properties which have been sold or withdrawn.

We were very impressed with your professional manner and always keeping us up to date with progress.

Lee Thompson

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