For Sale

Large Pet Shop In Town Centre Location

St Ives, Cambridgeshire

£39,999 +SAV

Ref: 14762 A

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

Share this property
Share

Description

Hilton Smythe welcomes to the market Petzone, which has been a pet shop for over 40 years and owned by our clients, who are now looking to retire since 2005.

Petzone is a pet supplies shop which has no natural competition in the town and supplies food, bedding and accessories for dogs, birds, cats, rabbits and many other animals. The shop also stocks fishing rods and tackle.

The shop has a high footfall and many repeat local customers and does have a Facebook page with 5* reviews.

Scope for development:
Introduce a website.
Utilising the rear space and subletting to a dog groomer or introducing a pet grooming service. This space was previously let out at £600 per calendar month.

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a leasehold business opportunity, with a 10 year lease from November 2010 and an annual rent of £23,500.

The landlord is flexible about lease renewal.

Hours

The business opening hours:
Monday: 9 - 5
Tuesday: 9 - 5
Wednesday: 9 – 4.30
Thursday: 9 - 5
Friday: 9- 5
Saturday: 9 – 4.30
Sundays closed

Staff

The business is run and managed by our clients.

Financial Profile

Petzone generated an advised turnover of £142,945 as of the 2016 accounts, with a gross profit of 31%.

Location

Petzone is conveniently located in St. Ives, Cambridgeshire within the town centre. There is car parking all around and opposite the main bus stop for the town centre.
St. Ives is a market town with the local market being held every Monday within a hundred yards of the shop, bringing in extra footfall. St. Ives has a population of circa 17,000.

Premises

This large double fronted shop is entered by a central door to the shop.

The counter is located to the right hand side by the entrance door and has till, storage shelving and an electric wall mounted heater.

There are numerous shelving units and wall hanging spaces throughout the shop.

To the rear of the shop is the main storage area with plenty of racking, double opening doors for deliveries and doors to:

Former dog grooming area with running water.

Kitchen with sink, base units, hob and doors to toilet and office.

Staff toilet with sink and WC.

Office with desk etc.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]