• One of London’s Largest Independent Pet Superstores
• Valuable inventory of quality fixtures & fittings
• Well-presented throughout
• Located in sought after trading area
• Hugely popular aquatic showroom
• Healthy turnover and profits with scope to improve
• Excellent local reputation for first-class service
• Lots of potential for online sales
• Fantastic change of lifestyle opportunity
• Good mix of complementary businesses nearby
• Superb acquisition for expanding allied operator
• Genuine reason for sale

Falcon Commercial is delighted to offer for sale this long-established and highly regarded independent superstore selling pet animals and fish along with food, equipment & accessories. The business has been serving the local area for over 30 years and is now reluctantly being placed on the market as the owners are retiring.
During our client’s stewardship, the business has built an excellent reputation for its welcoming atmosphere, friendly service and fantastic selection.

This thriving opportunity prides itself on offering the best possible customer experience. It aims to serve everyone’s needs and budget and provide information and advice while meeting and exceeding the needs of its customers and their pets.

This fantastic business is the only retailer of this type in the area. It enjoys an all-year-round trade with sales in the region of £750,000 with excellent gross profit margins. There is tremendous potential to increase turnover and profits by possibly running a modest marketing campaign or by offering online sales, as the business is currently without a significant online presence.
This rarely available opportunity is not to be missed, and early negotiations with Falcon Commercial come highly recommended.

The Premises

Substantial leasehold building that enjoys a highly visible trading position just off of a major shopping street. The area benefits from excellent footfall as well as containing a good mix of independent and multiple businesses.

There is plenty of on-street customer car parking nearby.
The premises are fitted and well presented to create highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
• Several retail areas containing a full range of modern, high-quality fixed and freestanding purpose-built display racking, shelving and carousel units.
• Aquatic showroom with 100+ tanks
• Storerooms
• Kitchen

Business Details

Opening Hours
• Monday 9.00am – 6.00pm
• Tuesday 9.00am – 6.00pm
• Wednesday 9.00am – 6.00pm
• Thursday 9.00am – 6.00pm
• Friday 9.00am – 6.00pm
• Saturday 9.00am – 6.00pm
• Sunday 11.00am – 5.00pm

Turnover
£750,000

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
Business rates payable: £11,868
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: approximately £100,000

Staff
The proprietors run the business with help from a dedicated team of full and part-time staff.

EPC
Commercial Energy Performance rating: TBC

Legal Costs
Each party is to bear their own legal costs incurred in the transaction. This may not include the Landlords.

Tenure
• Leasehold.
• The business is offered for sale with a secure lease which was initially for 18 years and has 1 year remaining. We are advised that the landlord will offer a new lease to suitable applicants.
• The current rent payable is £65,000 per year.
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website: www.leasingbusinesspremises.co.uk

Planning
Potential tenants are advised to make their own enquiries to the appropriate local Council.

Viewing
Strictly by appointment with the vendor’s agents, Falcon Commercial

Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thank you