Property Information
Address:
Nottingham, Nottinghamshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH525893
Property Ref/Agent: 1300-offers-in-the-region-of-and-pound11000-pet-supplies
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe welcomes to the market Pet Supplies established since 1980 and under the careful ownership of our client since 1989, the business is reluctantly offered for sale due to our client's personal circumstances.
This well stocked pet store supplies small animals, reptiles, birds and cold water and tropical fish along with all accessories including cages, fish tanks, toys, food and bedding serving this heavily populated local community and has established a repeat loyal client base over the years.
We feel an injection of marketing would assist in promoting the business in particular establishing a website or perhaps hosting an open day at the nearby Nottingham Academy where the children can see and learn about the animals which would pay dividends.
The business is currently being run at a pace to suit our client due to ill health and does not always open at the advertised hours, another opportunity to further increase revenue and subsequent turnover.
Furthermore, the business benefits from a basement below ground, currently not utilised this area would need to be renovated and with planning permission could be converted to allow additional retail space.
This ready made concern is an ideal walk in opportunity with further potential for growth.TENUREWe are advised Leasehold.
The original lease length is 12 years with 3 years remaining.
The lease is currently 250 per month.HOURSThe business opening hours are:-
Monday to Saturday 9.30am - 5.00pm Sunday Closed.
As previously mentioned our client does not always open at the advertised hours above.FINANCIAL PROFILEThe business reports a yearly turnover of 23,500 per annum with reported gross profit of 15,000.
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