For Sale

Busy Pet Store With An Excellent Reputation

Reading, Berkshire

£89,950 +SAV

Ref: 12520 J

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe is delighted to welcome to the market this busy and popular pet supplies business, ideally located in Woodley, Berkshire.

The business was established by our clients in 2012 and is only now being offered to the market due to our clients’ desire to try other business ventures. The business currently operates 7 days per week and as per the 2018 accounts generated a turnover in the region of £342,725.82

Our clients offer a wide variety of pet food and accessories for all domestic pets. The business stocks products from leading brands including Natural Instincts, Canagan and Lily’s Kitchen, to name a few. Our clients also offer a loyalty card scheme, tag engraving and a delivery service. The property boasts 89 sq. metres of floor space with a large open plan retail area and large rear stock room.

The business has built up an excellent reputation within the area and further afield for the high quality of the products and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by embarking on a modest marketing campaign to highlight the excellent goods and service offered. The pet shop already has an excellent and informative website in place at www.woodley-pets.co.uk, which could incorporate online ordering facilities.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a leasehold opportunity.
Original lease length: 10 years
Remaining lease length: over 5 years
Rent: £32,000 per annum

Hours

The business is opening hours-

Monday - Saturday: 9am – 5:30pm
Sunday: 10am – 4pm

Staff

The business is run and managed by our clients with the help of 2 members of staff.

Financial Profile

The business currently operates 7 days per week and as per the 2018 accounts generated a turnover in the region of £342,725.82

Location

Woodley Pets occupies substantial ground floor premises, ideally located within the town of Woodley, Berkshire. The business is situated within the main shopping area and is surrounded by a wealth of complimentary shops, businesses and famous high street names, therefore, benefiting from a very high volume of footfall. The business further benefits from good car parking facilities within the area.

Woodley is a town and civil parish in Berkshire. It is a suburb of Reading and is located near the towns of Earley and Wokingham. According to the 2011 census, the town had a residential population of 35,470. Woodley town centre holds regular weekly and monthly markets, as well as lots of events and entertainment throughout the year, including the Woodley Carnival, which is a week-long and culminates in the Carnival Day and procession.

The area is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Earley, which is approximately 2 miles away. The area is also well served by the A-roads, with both the A3290 and A329 being within easy driving distance, which link to the national A-road and motorway networks. Reading is approximately 4 miles away and Slough is 17½ miles away.

Premises

The front of the store looks highly presentable. There is signage across the front that looks great. The glass front allows for a bright and airy retail space. Along the front of the property there are several displays of stock.

On entrance you are welcomed by the large open plan store. On the right is the counter which has a clear view of the whole store. There is a central isle and a few displays in the centre. Around the shop there is shelving for stock. The store feels spacious and is well-laid out.

Equipment included in the sale is as follows-
Counter
Shelving
Racks
Till

Through to the rear is a large store room and staff room/office. There is also a kitchen and staff toilet.

At the back of the property is parking for this store and others across this stretch. This is where deliveries come in.

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