Freehold Aquatics Shop In Jarrow Tyne And Wear For Sale | | Jarrow Tyne and Wear | | Jonathan Ward at Lakey & Co is delighted to offer for sale this long established freehold aquatics store, currently operating on short hours and with huge scope to increase turnover and expand ranges. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59256
ADVERT IMPRESSIONS : 12,702 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Pet Shops | | SALE: | Agent Sale | FREEHOLD: | £99950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This business benefits from a busy location on the edge of Jarrow town centre being situated on the main A185 toward Hebburn, benefitting from both high passing vehicular traffic and local pedestrian footfall, there is ample parking on the side streets surrounding the premises. The business is surrounded by housing and some other local business and occupies a two storey end terraced brick built property.
BUSINESS
This long established business has been a local landmark for many years and is only now being offered for sale to coincide with our client’s retirement plans. The business achieves a good level of turnover with a latest closing time of just 4.00pm. The business currently sells a wide range of aquatic supplies for cold water, tropical and marine enthusiasts including live fish and all the accompanying accessories. The business currently focuses solely on aquatic supplies and in our opinion there is clear scope to increase sales by incorporating traditional pet supplies.
ACCOMMODATION
The business is located on the ground floor with the first floor accommodation, which is self contained, given over to the flat.
The main entrance and shop front, which benefits from security shutters, gives access to the main shop. The premises are fully equipped for the trade with an extensive range of display tanks and display fixtures. The shop leads through to two rear store rooms and WC,
which also gives access to the rear yard.
LIVING ACCOMMODATION
The premises are lock up and the flat is self contained. The living accommodation, which in our opinion is not currently habitable, has not been occupied for approximately four years and is in need of comprehensive refurbishment. The accommodation comprises: lounge with kitchen area adjoining, one double bedroom, one single bedroom and a bathroom.
TAKINGS
Recent trading figures show that the business has current takings in the region of £1,000 per week.
GROSS PROFIT
The gross profit for 2009/10 was £19,467 which is approximately 40%
OTHER COSTS
We are advised that annual rates and electricity costs are in the region of £5,345.
ACCOUNTS
Accounts will be provided to bona fide interested parties once a viewing of the premises has taken place. | | | | | | FOR SALE | | | | | REFERENCE: | 930 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
