Pet Shop in Northumberland For Sale

Situated in a Industrial Estate, excellent trading position, office and commercial area, Northumberland.

Turnover £ 5,000
Price £85,000

Features

Retail Pet Supplies Shop

6 DAYS OPENING

INDUSTERAL UNIT in the region of 3,650 ft², Concrete floor, ceiling with fluorescent lighting, sales counter, EPOS till, modern adjustable shelving, pallet truck, scales, freezer, computer system

Stock room

2 Toilet with w.c. and wash hand basin.

Small Kitchen

Mezzanine in the region of 1,100 ft², Tilled floor.

2 Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 24% approx.

Staff

The business is at present operated by the lady vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 5pm

Outside

Parking space for 4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2014 with reviews every 5 years (next review 2024) at a current rent of £16,506 p.a. + VAT

Business Rates from April 2023 £600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£45,000 APPROX. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote