C & S Monks
Argyll and Bute, Argyll and Bute
- Price: £330,000
- Tenure: Freehold
- Business type: Other retail
The subjects are a semi-detached traditional stone built property with a business formed over the ground floor and living accommodation formed over the first floor. There is also a lower ground floor which is used for storage for the business along with a garage and potting shed.
A single petrol pump offering diesel and unleaded fuel is positioned to the right hand side of the property.
The owners’ accommodation is predominantly formed over the first floor level with only the kitchen located on the ground floor. The first floor comprises a lounge with stunning views over Loch Indaal towards Northern Island, office, three good sized bedrooms and family bathroom. There is scope to add an ensuite to the master bedroom should a new owner require this option.
Our clients have owned and operated C & S Monks Shop, Post Office & Filling Station for over 29 years and have only placed the business on the market to allow them to relocate to the mainland to be closer to family. Trading as a traditional convenience store which caters for the needs of locals as well as the many visitors to the area. It offers a good range of post office services along with its fuel offering of both diesel and unleaded petrol.
Operating as a community Post Office, the income from this is around £1,000 a month. Any new owner would need acceptance by the Post Office Ltd to take over this part of the business.
The convenience store and fuel sides of the business generates a good turnover with excellent profit margins.
The Isle of Islay continues to be a desirable destination both for holidaymakers and for those looking for a holiday home to own on the island. With further developments planned for each of Islay’s distilleries over the next few years along with the opening of the renovated Machrie Hotel and Golf Course, it is expected the already 4% rise in tourist numbers being experienced each year is only going to increase.