Busy Pet Shop in Surrey For Sale

Situated in a parade, excellent trading position, residential and commercial area, near station, SURREY

Turnover £ 10,500
Price £185,000

Features

Busy Pet Shop

ATTRACTIVE SINGLE FRONTED PREMISES in the region of 2,350 ft² with suspended ceiling with LED lights, industrial non-slip floor, sales counter, EPOS till, modern adjustable shelving, display freeze (glass fronted upright double-door), 5 glass topped deep freeze, CCTV system (2 external cameras, 1 monitor).

Office / Kitchen.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,500 p.w. with a Gross profit of 35% approx. The accounts year ending 31st August 2023 show sales of £493,764 with GP £185,153 and NP £54,067

Staff

The business is at present operated by the vendor with 1 full time manger with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 6pm
SUNDAY 10am - 4pm

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £25,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£60,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote