Well-established Country Shop, Tagon Stores, Voe, ZE2 9PT

Offers Over £125,000
Key Details

Energy Efficiency:

To follow.

Price:

Offers Over £125,000

Price Includes / Details:

To include the heritable property, all equipment, fixtures & fittings. Stock in addition at valuation.

Status:

Available

Entry:

By arrangement.

Viewing:

Strictly by appointment only by telephoning the owners direct on 07392120735, or contact our Property Department on 01595 695583.

Overview

Great opportunity to acquire a long and well-established licensed country shop with fuel pumps, situated in a great very prominent roadside position on the main north road, for sale as a going concern. Lerwick 18 miles.

As well as serving the immediate local area, the business which is the only shop in the village, is ideally placed to attract passing trade from traffic en-route for the North Mainland and the North Isles.

Operating from owned 130m² premises seven days a week, the shops sells a range of general grocery and household products, has an off-sales licence and is a National Lottery, Paypoint & Collect+ outlet. 

A modern purpose-built store which was erected in 2003 offers potential for extending the selling space.

General Information

Situation

Tagon Stores is situated in a very prominent position at the junction of the main A970 North Road and the A968 road to Toft and the North Isles ferry, in the village of Voe in the north central mainland area of Shetland, the village being about 4 miles south of Brae and 18 miles north of Lerwick, Shetland's capital. It is an excellent location for attracting passing trade not only from travelers to the north and outer isles but also traffic from the island of Whalsay, the road to the Whalsay ferry meeting the main road north just outside Voe.

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.

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

Spread over 100 islands, 15 of them inhabited, Shetland offers spectacular and unspoilt scenery together with a wide variety of wildlife and many places of historical and archeological interest. Thanks to the oil boom of the 1970’s, islanders enjoy a fantastic range of services including a network of leisure centres (there is a swimming pool / leisure centre in nearby Brae), schools (again in Brae) and excellent transport links with a good road network.

The Business

This is a long established country store serving the local community and passing trade, which retails a wide range of general grocery products including fresh & frozen food, everyday necessities as well as newspapers & cigarettes and greetings cards. A 'Supreme' ice cream machine is a well-used piece of equipment in the summer months.

There is also an off-sales licence and fuel pumps, the shop being the first fuel stop on the main road north out of Lerwick.

The business is a National Lottery and Paypoint outlet, has an autobank cash machine, and is part of the Collect+ parcel collection / delivery network which helps to boost potential customer numbers.

The current opening hours are:-

Monday – Thursday 6.30am – 7pm

Friday 6.30am – 7.30pm

Saturday 9.30am – 7pm

Sunday 10.30am – 5pm

In addition to the owner, the business employs four part-time members of staff, plus some after school / weekend help.

All the equipment, fixtures & fittings are understood to be owned outright.  A 2015 Citroen Nemo delivery van can be included if required.

Accounts

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

Rateable Value

The rateable value is understood to currently be £3,050 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.

Grant Assistance

Shetland Islands Council currently operates a Rural Shops Improvement Scheme with discretionary grants available. Prospective purchasers should contact the SIC Development Department for further information.

Accommodation

The Premises

The premises trades from single storey premises which are owned outright and are estimated to extend in total to around 130m² (approx. 1,400ft²), comprising the original main shop building and a new purpose-built store / staff area that was added in 2003. The main roof was recovered in 2008.

The store area offers potential for extending the retail space if desired subject to any necessary consents required.

In detail the premises comprise:-

Main Retail Space

(Approx. 13.8m x 4m (54m²)) The premises have a ramped access to an entrance lobby with some display space and door to the main retail area, a well-lit space with fitted perimeter shelving and central gondala unit, equipment including 4 x larder fridges / chills, a chest freezer, microwave, warming cabinet and coffee machine. A serving counter at one end is equipped with two EPOS tills and two Paypoint machines. A small area by the serving counter houses the ice cream making machine and a sink.

Office

(Approx. 3.85m x 1.9m) Situated behind the serving counter, and equipped with the computer system, telephone and screens for the CCTV system.

Store / Staff Facilities

A doorway at the rear of the shop leads to the purpose-built store (approx. 10.7m x 4.55m (48m²)) with 'up & over' door for deliveries etc. This provides a large storage space with fitted shelving, upright chill cabinet and two chest freezers. Off this space is a kitchen / staffroom (approx. 2.4m x 2.4m), a lobby with shelved cupboard housing the hot water tank, and a toilet with WC & wash hand basin. A hatch provides access to further storage space in the loft.

External

Tarred forecourt with parking and 6,000 gallon unleaded and 4,000 gallon diesel fuel tanks.

Energy Performance

Energy Efficiency Rating: To follow.

To see the location of the property in an overall Shetland context, adjust the zoom by clicking the + or - buttons. Use the 'Map', 'Satellite' & 'Hybrid' buttons to switch between an ordnance survey style road map, a satellite aerial photograph or a combination (hybrid) of the two. Please note that the date of the satellite image is unknown and may not show new buildings.

(Please be aware the Google Street View was taken on the date shown. The building and surroundings may have changed since then. We always recommend you view the property personally.)

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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