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Well Established Pet Shop In Croydon

Croydon, London
Status
FOR SALE
Advert ID
229655
Reference
6047 / Rightbiz
Leasehold Price: £59,950
Annual Turnover: £247,046
    Same Owner Since 1979

    Nominated For A Croydon Business Award

    Rated Best Pet Shop In Croydon By Google

    Accounts Year End October 2018

    Annual Turnover £247,046

    Gross Profit £95,731

    Scope To Improve Social Media Presence

    Prominent High Street Trading Location

    Outstanding Reviews Noted Online

    Retirement Sale

    Excellent Reputation Within Local Community

    Scope to Extend Opening Hours

    EPC - D

Description:
REF 6047 – Leasehold Pet Shop
Blacks Business Brokers are proud to bring to the market this leasehold pet shop located in a busy and much sought-after area of New Addington, Croydon.

INTRODUCTION
Burgess Boys Pet Care Centre has been trading on Central Parade since 1979 with our client in ownership since opening. During this impressive trading history, the business has gained a large base of repeat customers and a superb reputation. This business is regularly featured on children's TV channel Cbeebies on My pet & Me. The shop offers a range of live animals and supplies along with a wealth of knowledge in this field.

LOCATION
Located on Central Parade in New Addington near Croydon, this area is well-linked with the A232, A22 and M25. Biggin Hill Airport lies close by and the business is neighboured by many other shops and businesses. Public transport in this area is excellent including a tram link and one hour free parking is available immediately outside the shop.

REASON FOR SALE
Burgess Boys Pet Care Centre is only being offered for sale due to our client’s retirement.

LEASE
The building will be available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The new lease will be fully negotiated with our client and will run at a cost of £425 per week for up to 21 years.

BUILDING LAYOUT AND DESIGN
Burgess Boys Pet Care Centre is housed within the ground floor of a large, double fronted, three storey property within a parade of other shops and businesses. The shop is very well branded with lovely signage displayed above the main entrance and shop front. Inside, the unit consists of a well-stocked shop floor sales area of approximately 777 square feet with a customer service desk at the front and aquatic and livestock displays to the rear. Stock is displayed on wall shelving, central gondolas and cages, tanks and other enclosures as required. Below the shop is a cellar which comprises of a number of storage rooms, packaging room and two private office areas.All areas are presented well with good quality fixtures and fittings in place.To the rear is a large gated driveway with space for up to six vehicles and contains a secure storage unit. A modern EPOS system is used for stock control.

STAFF
Burgess Boys Pet Care Centre is currently operating with 3 part-time and 2 full-time members of staff in employment in addition to our client working on a part-time basis.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business and Burgess Boys Pet Care Centre has traded solidly over its trading history. The business generates an annual turnover of £247,046 with gross profits of £95,731 with 5-10% of this being livestock sales.

SUMMARY
This is a superb opportunity to acquire a well-established, professionally managed and profitable pet shop with no immediate competition. The business offers much scope for development by expanding the current website and online ordering service, and introducing other pet related services such as grooming and hydrotherapy. Staff costs could be reduced with the introduction of a new hands-on owner. The business has a virtual tour of the shop which may be viewed on line.



Fixtures & Fittings:
Coming Soon!

Opening Hours:
Mon - Sat - 9.00am - 5.30pmSunday - 10.00am - 3.30pm


Weekly Rent:
£425 Per Week. Weekly Rent:
£425 Per Week.
Listing Details
Location: Croydon, London
Sector: Pet Shops, Commercial Properties
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Advert Reference: 6047 / Rightbiz

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