Former Shop Premises Has Been Sold Thanks to Bruce & Co.
14th January 2020
This prime trading outlet in Dunfermline, Fife is now under new ownership.
Occupying a prominent and enviable street corner frontage, and benefitting from ample on street parking, this vacant former shop premises is an advantageous acquisition.
The unit previously traded as a corner shop. It was an extremely busy business, which has ben run by the current proprietor since 2009.
This trading unit is fully equipped and presented in a good condition, having greatly benefitted from constant reinvestment and regeneration throughout the previous vendor’s occupation of the setting.
There is still considerable opportunity to expand the business, and this was one of the selling factors that influenced the acquisition of the business.
The previous vendor reached the decision to sell their corner shop business as a vacant trading property.
They ultimately felt that it was time to focus on other business interests, and that the unit would serve as a blank canvas for a vibrant new business owner.
The vendor commissioned the professional brokerage team at Bruce & Co. to handle the sale of their comprehensive business.
They were privileged to place it onto the market, and it subsequently generated considerable interest.
The business premises was ultimately acquired by an experienced corporate buyer.
They had a unique connection to the premises, as they used to own the shop that formerly occupied the space.
The purchaser aims to run a newsagent from the trading position, with the intention of consolidating a strong relationship with the local community.
The buyer commented;
“I was impressed with the service received from Bruce & Co.”
“Mike was helping me deal with the purchase of my new business and assisted in negotiating a fair deal for both myself and the buyer.”
Lead Negotiator Mike Firoozi commented;
“It was a pleasure working with both parties on this sale. We were able to get it done smoothly and quickly.”