Pet Shops for sale in Clacton-on-Sea

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Long Established Pet Shop - Clacton-on-Sea

Clacton-on-Sea, Essex, England

  • Leasehold Price: £40,000
  • Annual Turnover: £146,000
  • Annual Gross Profit: £45,000
  • Annual Net Profit: £13,000
Seller Reference: 6816
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Business Description
 
 
 
 
 
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Seller Reference: 6816
Request Details
Business Description
Prominent High Street Trading Location
Annual Turnover £146,000
Gross Profit £45,000
Further Financial Info Available After Viewing
Rental Income From Accommodation £7,000 P/A
Closed To Clacton-on-Sea Pier & Train Station
Popular Tourist Location
Retirement/Relocation Sale
Scope To Introduce Online Sales
Good Public Transport Links
EPC - D
REF 6816 – Leasehold Pet Shop

Blacks Brokers are pleased to bring to the market this leasehold shop business located on a bustling high street in Clacton-on-Sea, Essex.

INTRODUCTION

4Pets Clacton has been trading on High Street since 1999 and moved to this unit on High Street in 2017. The business is well known and has a fantastic reputation in the area with a regular, repeat customer base. Our client supplies a complete range of branded pet food, pet products and pet accessories.

LOCATION

4Pets Clacton is positioned on the main high street and is close to large multiples such as Sainsbury's and Cash Generators as well as a range of independent retailers. The area is well linked by the A133 with good public transport links with Clacton-on-Sea railway station just a 7 minute walk away from the business. The business is prominently position and the area has a heavy tourist footfall with Clacton-on-Sea Pier just an 8 minute walk from the business.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement and desire to relocate, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a five year lease which began in 20017 at a cost of £308 per week.

BUILDING LAYOUT AND DESIGN

4Pets Clacton operates from the ground floor of a mid terrace property within a parade of shops. The business is well branded with large signage displayed above a fully glazed frontage which has products on display in the windows. Inside the main shop area is packed full with shelving and racking which holds an array of pet food, cages, toys, accessories and much more. There are also two storage areas in the property one to the side and one to the rear. There is also an office/kitchen space. All areas are well presented.

The second floor of the property has a 2 bedroom accommodation which is currently let out and generates an income of £7,000 per annum.

STAFF

The business is currently operating with our client working on a full time basis supported by one part time member of staff.

FINANCIAL DETAILS

4Pets Clacton has traded well during an impressive trading history. We are advised the annual turnover is £146,000 with gross profits of £45,000. Full financial information is available after a viewing.

BUSINESS RATES

The business currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position on a popular high street which has lots of heavy footfall. There is plenty of scope to develop the business further with the introduction of a website and online sales. Further advertising of the business would also be beneficial as at present there is no advertising undertaken and all custom is word of mouth and recommendations. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving

Racking

Till
Kitchen Facilities
Trading hours:
MON - SAT: 09:00 - 17:00 SUN: CLOSED
Tenure:
Leasehold
Location Details:
Clacton-on-Sea
Leasehold Term:
£308 Per Week
Listed by:
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