Summary - BASEMENT FLAT, 76, ARDBEG ROAD PA20 0NN
1 bed 1 bath Retail Property (out of town)
Established roadside business with growth potential in a scenic coastal community.
Freehold convenience store with fixtures included
Turnover £340,540 for year ending 31.04.24 (rising)
Asking price £140,000; stock at valuation on entry
Fully licensed to sell alcohol; in‑store food preparation area
Located on main road with steady tourist and local footfall
Area classified very deprived; seasonal spending variability
Two staff employed; TUPE will apply to remaining staff
Light internal refresh or symbol affiliation can grow sales
This freehold convenience store on Ardbeg Road offers an established turnover and strong roadside visibility in a scenic island setting. Annual turnover rose to £340,540 (Y/E 31.04.24), and the business is sold as a freehold at £140,000 with trade fixtures included.
The shop is fully licensed to sell alcohol, has a fitted food-prep area for hot rolls and drinks, upright chillers/freezer, and a bright open-plan sales floor. It benefits from regular local and tourist footfall on the island’s main coastal route and could increase revenue with extended hours or a light internal refresh.
Material considerations: the surrounding area is classified as very deprived and ageing urban communities, so local spending power can be limited outside the tourist season. TUPE will apply to two existing staff; the owner currently does not work in the business, allowing an immediate change of operator.
This is a lifestyle investment with clear growth routes—symbol group affiliation, convenience-led merchandising, or modest refurbishment—balanced against seasonality and local economic constraints. Stock is at valuation on entry and the former nearby post office premises is available separately for added storage or development.
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