Leasehold Milton Keynes Pet Shop Established 28 Years For Sale

Business description

Advent Business Sales are delighted to have been instructed to offer to the market this extremely well established and popular pet shop with excellent future potential.

Founded by the vendors over 28 years ago, the business is only now being reluctantly offered for sale as they wish to retire.

Our clients have an excellent local reputation with turnover showing good year on year increases.

The business runs on lines of a traditional pet shop offering a large selection of pet foods, supplies, bedding, medicines and grooming products as well as small animals and cold water fish with cages and aquariums.

The shop has access to over 25,000 lines and will take orders for any items not stocked with delivery normally within 2 days.

The 2 vendors work full time in the business and employ 6 part time staff, 5 work on Saturdays only and 1 works 3 hours a day for 4 days per week. They achieve excellent annual sales of circa £216,000.

The business has a large stock selection which ensures most customers’ needs are fulfilled in one visit.

The pet shop has no local competition, with the nearest being over 8 miles away.

The rent for the shop is only £14,250 per annum, which is relatively low for this upmarket area.

We are advised that stock at cost is approximately £15,000.
REF: 9307MK

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 5 years
Remaining lease: 1 year
Review every: 5 years
Rent: £14,250 P.A.

We are advised that the annual business rates are currently: £4,000

Location:

The pet shop has an excellent unopposed high visibility high street location in a very upmarket town in Buckinghamshire.

The shop is situated on a high street with all the usual mixture of popular businesses including restaurants, public houses, estate agents, post offices, building society, takeaways, clothing, chemists and many more who all contribute in attracting large footfall levels to the town.

Parking is free of charge along the high street; nearby towns include Bletchley, Milton Keynes and Buckingham.

Premises details:

Large double fronted premises with a manually operated awning and briefly comprising of:

Ground Floor
• Entry from the pavement into the retail display area
• Counter and till by the door
• Side stock room with birds & small mammals for sale.
• Rear bird seed mix area
• Backdoor to yard with cages, rabbits, cold water fish stocks
• Aviary with small birds
• Rear stock rooms with guinea pig room
• Cold water fish tanks
• 2 further store rooms on ground and first floors
External
• 2 rear garages used for storage

Other information

Expansion potential:

Our vendors clearly have a very successful business, it does however, still offer excellent scope to increase both sales and profits by:
1. Offering small animal bording, while people are away on holiday
2. Selling tropical fish as well as cold water fish
3. Having their own website and offering internet sales
4. Pet grooming
5. Breeding their own small animals
6. Having a home delivery service to outlying nearby villages

Trading hours:

Mon-Sat: 9.00am – 5.30pm

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