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Live Animal and Accessories Pet Shop

Shrewsbury, Shropshire

£49,950 +SAV

Ref: 13265 H

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Description

Hilton Smythe welcomes to the market Windy Oak Birds and Animals Ltd currently trading as Becks Pets and Exotics. This popular pet store was originally established by our client in this location in 2012. The owner is now looking to sell the business, due to the desire to focus on other business interests. The store runs as a pet shop selling a good selection of cat, dog, fish, bird and reptile products. This includes food, leads, cages, bedding, tanks, cleaning equipment and filters. The pet shop also sells a variety of small pets and fish including, birds, rabbits, hamsters, guinea pigs, snakes, lizards, tortoise and geckos to name a few. The business generates an excellent turnover of £216,000 as of the 2016 accounts, with a gross profit of 63%. This is a great turnover; however, we feel this could be increased. The new owner could look to further develop an e-commerce business website. This is a great way of generating extra trade from custom more further afield. A social media page is also a great way of free marketing. Our client has run this business to a very high standard. This would make a perfect bolt on or first time purchase. With a hands on new owner, there is potential to reduce staffing costs. This is a fantastic well-established Leasehold opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity. Original lease length: 5 yearsRemaining lease length: 1 years as of 2016. Rent: £22,000 per annum

Hours

The business opening hours: - Monday - Saturday: 10am – 6:30pmSunday: 10:30am – 4:30pm

Staff

The business is run and managed by our client, with the help of two full time and two part time members of staff.

Financial Profile

The business generates a turnover in the region of £216,000 as of 2016 accounts. Gross profit 63%

Location

Windy Oak Birds and Animals Ltd is located in Shrewsbury, Shropshire. The business is situated on a busy retail parade in a residential location. On this parade, there is a fish and chip shop, Pizza Hut, car accessories store, takeaway and a Tesco Express. This is a convenient shopping location that attracts large amounts of footfall from both the locals and passing trade. The pet shop benefits from free off road parking directly outside. Shrewsbury is a popular location for visitors. The town has many attractions such as Morton Castle, Wroxeter Roman City, Acton Burnell Castle and Nesscliffe Country Park & Kynaston’s Cave. This is a historic town with excellent architecture, picturesque countryside and a bustling town centre. The road on which the business is located is an arterial road that runs into the centre of Shrewsbury and connects to the A53 and A49. The town centre of Shrewsbury is just a short 5 minute drive away. The town has all amenities and has a generous amount of public transport. There are several bus stops a short walk away from the store and the closest train station is in Shrewsbury town centre.

Premises

Windy Oak Birds and Animals Ltd boasts a substantial sized industrial unit. The property is signed, with bright colourful signage, this is very eye-catching. There is a ramp for wheelchair access, leading up to the double entrance doors. The main retail area houses various display fittings, racking and shelving units, suspended ceiling and the property has a fire exit. On entry to the right is the service counter. This has shelving behind, with a variety of different products on display. There are central isles throughout the store, each isle is for different types of animal. To the rear of the property is a reptile section. On the left wall is the area for small animals. The store is well laid out with plenty of shelving for displaying a large amount of stock. There is another section with large fish tanks, these are used to display live fish. To the rear of the shop there is a door that leads into the staff area. This space has a kitchen, stock area and a staff toilet. This is a presentable store that is very welcoming.

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