8-10 Douglas St
Milngavie G62 6PB
Property For Lease

LOCATION Milngavie is an affluent town in East Dunbartonshire, Scotland and a suburb of Glasgow. It is on the Allander Water, at the northwestern edge of Greater Glasgow, and about 8 miles north of Glasgow city centre. It neighbours Bearsden. The town is served by Milngavie railway station on the North Clyde Line of the SPT rail network, which links it to Central Glasgow. The A809 connects the town to the Scottish trunk road network. The property is located in a busy trading position on the north side of Douglas Street within the very centre of this popular commuter town, fronting the principal pedestrianised shopping thoroughfare. The West Highland Way path officially starts at the granite obelisk located immediately outside the subjects. Opposite the shop is a children’s play area and public seating. Milngavie Railway station located a short distance to the east of the property. Nearby occupiers include Costa Coffee, Gordons Chemists and Holland and Barrett. DESCRIPTION The property comprises a purpose built retail building of traditional construction arranged over two floors. The building is rough cast externally, with a part pitched and part flat roof. The glazed single frontage with a recessed glazed entrance door opens onto the ground floor retail area. The unit has recently been completely renovated with a new vinyl floor and suspended ceilings incorporating LED lighting. The walls are of plaster paint and covered in fixtures and fittings to display stock. There is a host of metal adjustable display shelving, newspaper and magazine display racking, side serve over the counter with confectionery display to the front and tobacco gantry behind. A stairwell to the rear of the property allows access to the first floor which provides ample storage and staff facilities. TRADING INFORMATION Spar Milngavie is an established business operating as a newsagents/convenience store selling groceries, confectionery, tobacco/cigarettes, newspapers and magazines, ice creams, greeting cards, crisps, snacks and soft drinks. The business does not retail alcohol. The property benefits from being a Gold Lotto, Paypoint, Collect Plus, Hermes, DHL, Uber Eats & Deliveroo outlet. The business enjoys regular all year round trade from the many shoppers and workers, such is the trading position. The business trades Monday to Saturday 7am to 6pm and Sunday 9am to 5pm. Accounting information provided confirms current weekly gross sales of c. £9,800 split c. £9,500 in respect of retail sales and c. £300 per week in respect of services. Spar has projected weekly gross sales of c. £14,000 should be achievable. Full trading, profit and loss accounts will be made available to seriously interested parties post viewing stage. The sale of Spar Milngavie provides an opportunity to acquire an easily manageable retail business. New owners will benefit from premises enjoying a prime town centre trading position on a very busy shopping/pedestrian thoroughfare. The store is offered for sale as a going concern to include all fixtures and fittings.