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Business Details
Advert Ref : M2523

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Spacious detached PET SHOP

  

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Summary:
Reference: M2523
Categories: Pet Shops
Location: Oxfordshire
Turnover: £ 5,000 p.w.
Price: £ 45,000 (Leasehold)
 
Location

Excellent trading position, densely populated residential area, OXON. (Please register to make appointments and view addresses)

Features

Live Pet Licence

SPACIOUS DETACHED SHOP approx. 3,000 sq. ft. with concrete floor, shelving, display stands.

Separate Fish Room selling tropical and coldwater fish approx. 30 fish tanks.

Staff cloakroom with w.c. and wash hand basin

First floor office/rest room

To the side of the shop is an additional display area

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In view of the size of the premises we understand there is potential to established a dog/reptile section, if desired. We are further advised that the sales year ending 31st March, 2007 showed £262,218 with a gross profit of £100,378.

Staff

The business is at present operated by the vendor's father with the assistance of staff.

Opening Hours

Monday - Saturday inclusive 9 a.m. - 5.30 p.m.
Sunday opening - 10 a.m. - 3 p.m.

Tenure

We understand the premises are held on a secure renewable lease having approximatelyat a rental of £26,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference M2523

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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