Argyll Vintners (ref 1270)

Dunoon, Argyll and Bute

Business location

Overview

  • Price: 160000
  • Tenure: Freehold
  • Business type: Other retail

Dunoon is the main resort along the Cowal Peninsula and is the maritime gateway to the Loch Lomond & Trossachs National Park. The town is one of the Firth of Clyde’s main resorts. It is built around the historic Castle Mound and is famous for its large Victorian pier. The town has an attractive promenade and boasts a wide range of accommodation from B&Bs and self-catering apartments to hotels of all sizes. The town offers a museum and leisure centre as well as a fascinating selection of craft shops, galleries, cafes and restaurants. Argyll Vintners is situated in a prominent location on Hillfoot street within Dunoon’s town centre.

Argyll Vintners has been established for over 18 years and has been run in a hands-on manner by our client during this time. The business predominantly specialises in off sales, and the customer base is made up of locals and tourists mainly, however our client has another income stream wholesaling to local businesses. Argyll Vintners offers a broad selection of wines, local ales, whiskies and gins. Our client added a food deli to the off-licence with the deli specialising in cheese and dry foods.

The current owner has successfully run the business since 2004, however, there would be scope for development for a hands-on owner to look at expanding the wholesale business to increase the current revenue.

The business has a net turnover of circa £310,000 to 31/12/2021 from retail and wholesale trade.

Turnover has increased year on year and is well set to continue this trend.

Freehold. A guide price of £160,000 + SAV is sought for the heritable property, goodwill of the business and all fixtures & fittings pertaining thereto.