Property Available in Castle Douglas
Thistledown, 172 King Street
An opportunity has arisen to purchase a thriving business in the town centre. Established in 2011, the business has grown steadily and was a finalist in the prestigious RETAS Greeting Card Retail Awards 2019 for the Best Independent Greeting Card Retailer North and Nothern Ireland. The business occupies substantial premises which were carefully refurbished in recent years and fitted with slat wall panelling and Karndean flooring. Internally the property is mainly over the ground floor with an attic room above. Currently the business specialises in greeting cards, helium balloons, gift wrap, partyware and gifts. There is however excellent potential for further development particularly in personalised gifting of which a large selection of equipment is already present and ready to use. The premises extends to approximately 90m² and has excellent double window frontage onto King Street, the main thoroughfare of the town. In addition to the ground floor premises there is an attic room which could be converted to give additional storage. There maybe an opportunity to purchase the business and stock and lease the building. Further details are available on application to the Selling Agents.
Accounts will be made available to genuinely interested parties through their Solicitors or Accountants.
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Accommodation comprises: - Ground Floor: Front Shop. Rear Shop. Store. Kitchen/Toilet. First Floor: Attic Room.
GROUND FLOOR ACCOMMODATION
Front Shop - 10.00m x 4.00m
Double display windows to the front of the shop provide excellent frontage onto the main thoroughfare of the town. Entrance door from the main street. The main shop area lies to the front of the property with a range of wall shelving and display units. Built-in serving counter.
Rear Shop - 5.00m x 3.80m
Wall shelving and display shelves. Stairs to attic room.
Rear Shop - 3.10m x 2.90m
Kitchen/Toilet - 5.40m x 2.00m
Fitted with floor units with inset single drainer stainless steel sink. Space for under counter fridge/freezer. Access to WC. Door to rear of property.
Attic Room - 5.00m x 3.50m
Mains supplies of water and electricity. The property is connected to the mains drainage system. EPC= G.
The property has a Rateable Value of £7,500 per annum.
By arrangement with the Selling Agents on 01671 404100.
Offers in the region of £160,000 for the premises and £30,000 + SAV for the business are anticipated and should be made directly to the Selling Agents. Alternatively, it maybe possible to purchase the business and lease the premises. Further details are available on application to the Selling Agents.
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