Offers in region of
£49,950
(£202.64/sq. ft)
Retail premises for sale17 Colchester Square, Lochgilphead, Argyll And Bute PA31
246 sq. ft
Freehold
About this property
Prime town location
Bright retail frontage
16.2 m2 sales
Rear store & WC
High passing trade
Flexible business uses
Wheelchair accessible
Lochgilphead, with a combined population of around 3,500 including nearby Ardrishaig, serves as the administrative centre for Argyll and Bute Council and offers excellent local amenities, with a variety of shops, restaurants and pubs along its vibrant high street. Families benefit from nearby Lochgilphead Primary School, Lochgilphead High School and a campus of Argyll College, while the area’s outstanding natural beauty and historical significance make it both a popular tourist destination and an attractive place to live. Outdoor enthusiasts can enjoy cycling, fishing, kayaking, wild swimming and a wealth of coastal and woodland walks, complemented by cultural attractions such as the Crinan Canal and Kilmartin Glen & Museum, which showcase the region’s rich archaeological heritage.
17 Colchester Square offers a compact, highly visible ground floor retail premises in the heart of Lochgilphead, ideally suited to an owner operator or small business seeking a prominent town centre presence with excellent passing trade. The unit forms part of the commercial parade associated with long established local business The Square Peg, benefitting from the strong destination appeal and steady customer flows this popular operation generates. Surrounding occupiers include gift, craft, toy, card and takeaway operators, creating a lively and complementary trading environment that supports both everyday and discretionary spending.
The property comprises approximately 16.2 m2 of bright, open plan retail space with a large glazed frontage directly to Colchester Square, providing superb display potential and natural light. A useful rear store of just under 5 m2 and a self contained WC/staff toilet offer practical back of house accommodation, making the unit easy to manage for single traders or small teams. Existing shelving and display fittings support a variety of merchandising styles, while the simple layout allows an incoming occupier to rebrand and refit to suit their concept.
Currently used as an occasional or pop up shop for the adjacent Square Peg business, the premises have already demonstrated their suitability for flexible, seasonal and event based trading. Potential future uses include boutique gift and craft retail, specialist food and drink, beauty or wellness services, gallery or studio space, click and collect for an online brand, or a compact office/consulting room requiring a visible high street presence, all subject to necessary consents.
Tenure
Scottish equivalent of Freehold.
Stock
Stock will be in addition at valuation.
Trading Information
Trading Information will be released after formal viewing has taken place. However turnover is in excess of £600,000 with a 50% Gross Profit Margin.
17 Colchester Square offers a compact, highly visible ground floor retail premises in the heart of Lochgilphead, ideally suited to an owner operator or small business seeking a prominent town centre presence with excellent passing trade. The unit forms part of the commercial parade associated with long established local business The Square Peg, benefitting from the strong destination appeal and steady customer flows this popular operation generates. Surrounding occupiers include gift, craft, toy, card and takeaway operators, creating a lively and complementary trading environment that supports both everyday and discretionary spending.
The property comprises approximately 16.2 m2 of bright, open plan retail space with a large glazed frontage directly to Colchester Square, providing superb display potential and natural light. A useful rear store of just under 5 m2 and a self contained WC/staff toilet offer practical back of house accommodation, making the unit easy to manage for single traders or small teams. Existing shelving and display fittings support a variety of merchandising styles, while the simple layout allows an incoming occupier to rebrand and refit to suit their concept.
Currently used as an occasional or pop up shop for the adjacent Square Peg business, the premises have already demonstrated their suitability for flexible, seasonal and event based trading. Potential future uses include boutique gift and craft retail, specialist food and drink, beauty or wellness services, gallery or studio space, click and collect for an online brand, or a compact office/consulting room requiring a visible high street presence, all subject to necessary consents.
Tenure
Scottish equivalent of Freehold.
Stock
Stock will be in addition at valuation.
Trading Information
Trading Information will be released after formal viewing has taken place. However turnover is in excess of £600,000 with a 50% Gross Profit Margin.
Mortgage calculator
Monthly repayment
£249 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}