Macdonald’s Hardware in Dingwall up for sale as owner’s prepare to retire; Highland estate agency ASG Commercial seeks buyer for new chapter in long-running business’ history
Sponsored Editorial with ASG Commercial
A Dingwall high street institution is looking for new owners to open the next chapter in its long history.
Macdonald's Hardware, in Dingwall's High Street, and its two upstairs flats, are on the commercial sales market for offers over £599,000 (freehold).
The move comes after its current owners, who have run the business for almost 30 years, decided to retire.
Macdonald’s Hardware is a popular and long-running business- which dates back more than half a century - and the two residential flats above the shop are included in the sale and have tenants in situ.
The store is a vibrant and highly profitable business with a strong and loyal customer base and generates significant turnover from its wide array of products - a veritable Aladdin’s Cave which ranges from general household goods, gifts and pet supplies, to brewing supplies, general hardware and DIY. There's even a highly successful cookware shop incorporated within the store.
The spacious interior of Macdonald’s Hardware is a deceptively large 465m² that allows it to be an absolute one-stop-shop catering to the needs of Dingwall’s residents.
For continuity, the current owners have even offered to help provide short-term support while the new buyer settles in - should it be required
Development potential is enhanced by the addition of several rooms on the first-floor that could be used to make the store even more of a destination for locals - such as a possible café-style facility that could drive additional footfall to the rest of the store and also keep customers on site longer.
The two flats that are included in the sale are an ideal investment opportunity, each boasting two double-bedrooms, living rooms, kitchen-diner and toilet/washing provision. The flat on the first floor has a bathroom while that on the second floor offers a shower room with separate WC.
Overall this is an outstanding business opportunity for the new owner, boasting a very prominent town centre location, with strong turnover, an equally strong and loyal customer base. The two flats also provide extra value to the property, and are light and smartly decorated, with fresh, modern kitchen furnishings too.
Handling this sale is the highly experienced and market-leading estate agency, ASG Commercial. The team, who have a successful track record in commercial sales, are expecting plenty of interest.
Commercial sales director at ASG Commercial, Leslie Callander, comments “Macdonald’s Hardware and the two tenanted flats is a substantial business with great potential. Being in such a prominent trading position in the centre of Dingwall makes this a unique opportunity. This prosperous and attractive trading unit is well-established with a long trading history going back some 50 years”
With the slogan “Our business is selling your business,” ASG Commercial is also dedicated to giving professional advice on all aspects of buying and selling any type of commercial property - meaning they’ll also be able to offer plenty of tips to potential buyers as to how they can develop the store and its flats further.
You can rest assured of a seamless transaction process.
To find out more about Macdonald’s Hardware, the two flats included in the sale, and the property portfolio, email ASG Commercial on info@asgcommercial.co.uk or call 01463 714757.
You can also view it online at www.asgcommercial.co.uk/property-search/outstanding-business-opportunity-within-prominent-central-trading-location-set-in-the-heart-of-the-thriving-town-of-dingwall.html
