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Well Established Pet Store For Sale

Cleethorpes, Lincolnshire
Asking Price:
£119,950
Turnover:
£68,491
Net Profit:
Available on request

Business
Hilton Smythe is delighted to welcome to the market this well-established and popular pet store and garden centre, ideally located within the town of Cleethorpes, Lincolnshire.

The old established business has been in our client’s careful ownership for approximately 10 years. Only now is the business being offered to the market due to our clients other business interests. The pet shop/garden centre operates 5½ days per week and generates a turnover in the region of £68,500 per annum, with a good gross profit.

The store sells a range of hay and accessories such as cages and small animal hutches. In the summer months our client also offers a range of bedding plants and compost. A recently added dog grooming service is now available; which has proven popular.

The property has been very well maintained and the ground floor is fitted out to suit the trade, the first floor boasts a one bedroom self-contained flat, which could be used as owners’ accommodation or let out to generate further income.

The business has built up an enviable reputation within the area for the high quality of the goods and services 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 extending the opening hours, perhaps by opening longer on Mondays and offering Sunday trading. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered. The business would further benefit from the launch of a website to advertise the business. Introducing the sale of small animals could also be something the purchaser considers.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Park Street Pets & Garden Centre occupies substantial two storey premises, ideally located within the popular seaside resort of Cleethorpes, North East Lincolnshire. The property is situated within a small parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business is surrounded by densely populated residential areas, from which the business derives much of its trade.

Cleethorpes is located on the estuary of the River Humber and as of the 2011 census it had a residential population of approximately 40,000. The town has undergone significant redevelopment with a new multiplex cinema being built in 2004, along with other developments at the Meridian site.

The area of the property is well served by the public transport system, with several bus stops being within easy walking distance. Cleethorpes railway station is approximately 1½ miles away. The area is also well served by the A-roads, with both the A180 and A16 being within easy driving distance, which link to the national A-road and motorway networks. Grimsby is just over one mile away and Scunthorpe is 28½ miles away.

Premises
Substantial two storey, mid-parade premises in an ideal trading location, briefly comprising:
Ground floor with:
Spacious sales and display area.
Window display area.
Perimeter shelving.
Serve over counter with CCTV, electronic cash register and electronic weighing scales.
Accessory display spinner.
Chest freezer.
Upright freezer.

Bird/fish room with:
6 x fish tanks.
4 x rodent tanks.
8 x bird display cages.
Display shelving.
Patio doors leading to rear yard.

Stock room, fully shelved.
Dog grooming room.
Small stock area.
WC.

First floor:
Side entrance.
Lounge with gas fire.
Double bedroom.
Shower room with WC and wash hand basin.
Kitchen with 4 x burner hob and oven, upright refrigerator/freezer.

Tenure
We are advised Freehold.

Hours
The business is open:
Monday: 1.00pm – 5.00pm
Tuesday – Saturday: 9.30am – 5.00pm
Sunday: Closed

Staff
The business is owner run and managed with 1 x part time staff member.

Financial Profile
The business generates a turnover in the region of £68,500 per annum, with a good gross profit.

Property information

Property:

Freehold

Contact Information

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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