Leasehold Pet Shop in Norfolk For Sale

Business description

Bag a Business Ltd is pleased to offer for sale this pet shop business which our client is placing on the market in order to concentrate on other business interests.

The business was founded in 1997 and has been run successfully by the Vendors for the last three and a half years with consistent annual turnover growth. It operates as a traditional pet shop offering an extensive range of loose and pre-packed pet food, cages, hutches, pet beds, aquatics section and accessories.

Day to day management of the shop is carried out by the Vendor with the assistance of a family member and one part time assistant. We believe the store would be ideal for a husband and wife team. There is very little local competition, there being only one other local pet shop which is situated at the other end of the town.
The business benefits from a loyal customer base and attracts additional trade from the many visitors who visit this picturesque market town.

There is scope to increase turnover through the expansion of the home delivery service, greater advertising and retailing animal health products together with additional product ranges such as pond and garden equipment.

This is an easy to run profitable small business and should appeal to anyone seeking the benefits of self employment. Early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

ORIGINAL LENGTH: 10 years.
REMAINING: 5.5 years.
REVIEW: Every 3 years.
RENT: £11,130 per annum.
BUSINESS RATES: £2,100 per annum

Living accommodation:

PROPERTY DETAILS Ground floor lock up premises briefly comprising: Main sales area • Point of sale counter. • Till, phone & fax. • Stock ordering P.C. • Wall mounted stock display racking. • Free standing gondola display units. Door to aquatic section • Range of fish display tanks. • Wall mounted stock display racking. • Fire door to rear. • Door to staff room and toilet. Other areas • Internal store room which could be used as a back office. External • On street parking to the front.

Location:

The business is conveniently located close to the centre of this attractive South Norfolk Market Town and benefits from a wealth of local and passing trade. The town is home to a wide range of small independent businesses and has an expanding residential population.

Other information

Expansion potential:

There is scope to increase turnover through the introduction of a home delivery service, greater advertising and additional product ranges such as pond and garden equipment.

Competition / Market:

Only one other pet shop in the town

Support & training:

As required from the Vendor

Reasons for selling:

Other business interests

Trading hours:

Mon – Fri: 9.00am – 5.30pm Sat: 9.00am – 5.00pm

Financing available:

Via selling agents