Last October, Glasgow's most exciting record store celebrated its first birthday with a massive sale (including second-hand 7"s for 50p) and by hosting live music - headlined by Brummie punks Johnny Foreigner - in the local pub.

What it's accomplished in just a year is remarkable - establishing itself in what is for Glasgow a relatively saturated market, and collating an avid fanbase through its relaxed, almost start-up atmosphere; its clean and minimalistic layout; and its always malleable attitude towards stock purchasing, which is based on customer feedback and its own continually evolving sense of identity.

Whenever I escape home from the London bubble I make it a point of necessity to visit LP Records, and I'm one of hundreds of music lovers who've fallen for the place. I speak to owner Lorenzo Pacitti about why this is.

First things first, congratulations on not going bankrupt after a year in business. How was the birthday party?

Yeh really good, nice to have Johnny Foreigner. We approached The Hug & Pint to put our own bands on but couldn't find a date; they proposed asking Johnny Foreigner, which surprisingly paid off, and then we also work closely with Codist [local punk band] so featured them as well. It was nice to have it at The Hug; we've got a good, reciprocal relationship with them. Then we came back here for an afterparty, which was a disaster for the next morning as we were open. It was nice having our name above the gig name at the pub as well; felt a lot more real.

You dropped out of uni to start LP Records; why?

Cause the chance popped up, as soon as it was any kind of realistic. It started a reaction that when the shop was available, I had to leave uni and jump on it. Nobody was doing what we wanted to do with it in Glasgow, and there was the initial idea that I could do both uni and shop, but after two weeks of the shop in makeover stage, it became clear it wasn't viable. I'd just come back from my America trip; the intention there was put the money I had together to spend a couple of weeks over there and do something interesting with what my degree was going to be and related to music. I emailed the head of KEXP [Seattle radio station] to see whether I could shadow the business side. I went to Seattle and Austin and hung about there and met interesting people and shared interesting experiences. As soon as I landed back home, the shop was up for sale. I got a diploma alright... mum.

You're still a young bloke with absolutely zero experience in management or business. No offence. How have you dealt with the getting things started, and then your first year running the place?

If I look back on the first 4/5 months, I was really bad at it. There was a lot bad compared to what it is now. I think there was a lot of good, though - we did stuff that was refreshing. But we didn't have the right stockists for ages for instance, but as the months have gone by I've got better at shaping the shop in the way I want it, as well as the business side. I'm better at chatting about music, as well as the admin/stock-ordering/ side of things, though I've still got stuff to learn.

Glasgow already had a few prominent vinyl shops before you popped along and, seemingly, began disrupting the market, gaining a devoted fanbase including local legends from some of Glasgow's finest bands. What distinguishes you from elsewhere, where does that appeal lie?

Our biggest sellers, we're the only people we do them. It was a fairly basic case of a gap in popular music absent everywhere else. Mitski, Car Seat Headrest, Touche Amore; interesting people I follow on Twitter and music journalist sites, a lot of hip-hop we stock which no one else seems to. We're all curated personally to customers. We don't have specific genres, we've got people who are really into music - the people who like both Mitski and Danny Brown. There's a large bunch of people who enjoy the curation and one-to-one communication of vinyl shops, and constantly chatting about new music and being excited about it. I'm a believer that if you're a big fan of an album, you don't shut up about it, which can be annoying to a lot of people. RTJ3 came out Christmas Day, or Julien Baker for instance; and whether it's on Twitter, or Instagram, or in the shop I don't stop chatting about it. We're the only place in Glasgow, or Scotland for the most part, that's like that I guess. I suppose it's my job to shout out to them [the customers] to get them in the shop in the first place, and then the second part is actually selling it.

You talk about that fusion of mass appeal - through classic re-issues, second-hands, latest popular stuff - and also developing more of a tangible identity, maybe more particularly towards Punk and Indie Rock? Are you trying to strike a balance or are you happy leaning one way or another?

Definitely no intent to be heading in any direction. When things get announced are coming out, we see if folk are into it. That's manifested itself in the emo revival and current strength of indie rock, we've been big proponents of that, and people have come in [to the shop] once and gravitated towards it, and we've consequently constantly restocked it; but yeah, there's no plans to tie ourselves down to any genres. Hip-hop's a big one, though, if you want hip-hop vinyl we are really the only place that does it really. I know from personal experience before that online was basically the only place to buy it before. I guess it's revealed itself out of coincidence than any concrete plan, and we're just seeing how it goes.

Since the shop and your entrepreneurship is still in its infancy, it's not yet uncool to brag about your biggest geek out moment; so yeah, what's been the most exciting thing for you in entering the industry?

Having the gig at the Hug was a big deal, because it was kind of real. Getting more exposure for meeting bands and going to more shows. I'm a really bad starstruck guy, so whenever I see a musician or guy from the internet, I go a bit nuts, so random stuff like getting guestlist for Danny Brown, or getting love when we talk about their record or promote their shows on Twitter. That reciprocation is nice. Or guys from Mogwai coming in, that's really cool. When one of your favourite bands comes in with their record on the shelf, just flicking through.

You try to provide quite a lot of underrepresented or low-key Glaswegian and Scottish artists with a platform; what's your take on the state of music in the city and country generally?

I think Glasgow's a great music city in terms of the people, a great appetite for music, but not necessarily well served. The places they get their music from, there's not a lot of variety or play. There needs to be more voices, even if we're starting conversations that are a bit abrupt. Arguments are a bit better than standing still or playing the same things. There are some great artists hitting the ceiling, and there are some breakthrough artists that, for me, are generally doing the same thing. The DIY scene should be amazing here, but they don't get an audience because there's no place to hear them. Which is mad, because Glasgow is a historically great music city. It's a case of getting good, new music in people's ears. With my regulars' enthusiasm, I'm convinced the appetite for Glasgow to be a properly great music city again is there, it's just the service isn't.

You're actually starting your own music label; to be blunt, why?

Serendipity actually, we've got three bands we're launching it with. They're all branching off of each other. The first band we got to know after an initial gig at the opening of the store. I don't want to specify the bands at the moment; I don't think we're quite ready to reveal them. They're just friends in a band I really fell for live. The second band are basically friends with the same music taste as me, as shown through their music we feel that type of music is underrepresented in Glasgow. I guess just trying to combine what we're doing with the shop idea-wise but with music. The third act is related to a specific story, I was at a gig with a guy, and we were chatting about his music, but he didn't know who would be putting it out. So it came from there. Because they don't have a platform, we don't know whether there's an audience for them in Scotland outside the shop, but we're trying to get them out there on blogs and Twitter and find their audience and earn them a living and reach that audience.

Same question about your podcast with GoldFlakePaint; why?

I've always talked about doing a podcast, then someone sent me a link for these expensive microphones for £50 out of hope, and that was that. I want to interview bands and people and find different avenues to talk about new music. We've done one, but it's more of a tester session, where me and Tom [Johnson, GoldFlakePaint editor] ordered some pizza and ranted for an hour. Hopefully the future ones will be coherent and interesting. I guess it's just about an avenue and hub for interesting discussions about new music.

The shop under previous ownership technically sold vinyl... but was essentially an adult store. Any funny stories about that transition period, or do your predecessor's regulars still come in disappointed?

Not for a while... first few months definitely. You get the odd strange request from someone's who's not heard. I don't like to think about it too much, having cleaned this place out. Aye, nothing funny, more horrifying. What I get most is a bloke asking to put his VHS onto a DVD; I was thinking of maybe doing it to earn some spare cash.

Any other planned events for the future?

We're going to do them more regularly, and less structured. We're doing an RTJ night, as we're basically their biggest fans, but for the big physical release day. The early stream plan is out the window, but the night at the store we'll just play the guys; RTJ, and El-P and Killer Mike's solo stuff. Listening parties, events, bands around fringe stores around release dates, that kind of thing. We do a regular event called dessert days with acoustic acts. Stacey does good cakes - so nice mix of cakes, beer and music is class for the community, bi-monthly. Wee gigs or casual parties, just being active. Hopefully promote big gigs in the future but no concrete plans as of yet.

Lastly, what's the plan long-term for the store, the label, the podcast, and yourself?

Looking long term I'd panic and see no long term future. Just to keep adding more things and keeping active in the new music scene, don't want to stand still. Gigs and the podcast are the most obvious things I think, getting actually involved with artists and creatives and promoting them and ourselves. Shopwise, just selling more - current plan is sustainable with selling new music but can't really stand still. We just want to do interesting collaborations with the label. Just so we're always doing something interesting. The goal is to not get bored I guess.

LP Records plans to launch its label and three acts this month. The next time you're in Glasgow, pop along to its West End and visit Lorenzo and LP Records. You won't be disappointed. In the meantime, you can order stuff from them online here.