Aquatic Centres for sale in Wellingborough

View the "The Water Garden" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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John Peacock (Feb 2017)
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Leasehold Price: £195,000 Turnover: £192,571
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Business Description
Business
Hilton Smythe welcomes to the market The Water Garden, a family run business, which was established in 1994 and taken over fully by our client in 2016. Our client is now looking to pursue a different business interest.

The Water Garden specialises in Koi Carp and other cold water fish and have a wealth of experience in the aquatic industry. They give guidance and help in all areas of ponds from planning to construction through to stocking and maintenance.

The Water Garden stocks and sells cold water fish, including Koi, pre-formed ponds, waterfalls and water features, liners and sealants, tanks, filters, pumps, food, pond plants, medication, spare parts, ornaments and accessories.

Approximately two thirds of the turnover comes from shop sales and the remainder comes from external work including planning, construction and ongoing maintenance.

The business has a very good local reputation with repeat customers coming from a radius of approximately 20 miles.

The Water Garden is being sold with the website www.watergardenaquatics.co.uk , has a Facebook page with many 5* reviews and has 5* Google reviews.

However, the business can be developed by employing a staff member to expand the external work as this is currently undertaken on evenings and weekends only.

Another area for development is to extend the premises by a mezzanine level to create an area for tropical fish and reptiles.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
The Water Garden is located in Wellingborough, Northamptonshire in a popular shopping village that brings in a high footfall.

Nene Court Shopping Village is a mix of unique, independent shops and cafes that has free parking throughout the day.

Premises
The shop is accessed from the main parking area to the front.

To the front of the shop there are 2 ponds for pond plants.

On entering the shop to the left there are 5 freshwater ponds, the largest has the stock of Koi Carp, which are generally brought in from Japan. To the right there is the service counter.

The shop is made up of several aisles for stock and to the rear of the shop there is a kitchen which also has a small office area with CCTV. Off the kitchen is the toilet with disabled access.

Tenure
We are advised the business is being sold as a leasehold business opportunity with a rolling lease and an annual rent of £11,640.

Hours
The business opening hours are currently;

Monday - Tuesday -9.00am – 6.00pm
Wednesday - 9.30am – 5.30pm
Thursday - Saturday - 9.00am – 6.00pm
Sunday - Closed

We have been informed by our client that the lease permits the premises to be open 7 days a week and longer hours if required.

Staff
The business is run and managed by our client, with the help of a part time member of staff.

Financial Profile
The Water Garden generated an advised turnover of circa £192,500 as of the 2017 accounts, with a gross profit of approximately 45%.

The assets in the business are worth circa £15,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04222
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