Buy a Superb Kennels And Cattery With Accommodation For Sale business for sale in Southampton on BusinessesForSale.com

  • Advert ID: 538797
  • (Seller ref: HW1287)

Superb Kennels And Cattery With Accommodation For Sale


Price Reduced

Location:
Category:
Asking price:
£1,750,000 (Furniture / Fixtures included)
Sales revenue:
£206,754
Net profit:
< £100k
Years established:
13
Employees:
The Vendor plus 2 full time members of staff


Superb Kennels And Cattery, 7-Bed Home on 3.7 acres,
Paddocks & Stables. The South of England's premier kennels and cattery licensed for 80 dogs and 96 cats. Located in a secluded woodland setting, the profitable business and comfortable 7 bedroom Country home offers a lifestyle business and second income. An oak-framed barn built in 2000 has living accomodation above garages and store rooms and could be adapted to suit a variety of other business activities. Full extant planning permission has been granted to convert the barn into a house with its own separate road access. The Barn is currently let producing £600 pm income. The current owner acquired the kennels and cattery in 1994 and found them in a run-down condition. He has since invested heavily to re-build both units to an extremely high specification. T/o c.£206k with GP of £133k.


Property:
Freehold
Living accommodation:
A substantial 7 bedroom Country house with 4 reception rooms, 3 bathrooms, laundry, office and south facing rear garden. There is also an oak-framed barn built in 2000 with a flat above the ground floor garage currently let at £600 per month.
Location:
Beautiful and secluded woodland setting in the premier residential area of Chilworth on the northern outskirts of Southampton

Expansion potential:
There are no local competitors and the kennels and cattery operate close to maximum occupancy for much of the year suggesting good reason to increase capacity and with a 3.7 acre plot, there is no shortage of space! The Vendor has recently decided to no longer accept orders for pet exports. He has created a professional workshop for the construction of the shipment cages to export-grade standard. This lucrative activity generated approximately £35,000 turnover in the year ended 31 March 2007 and could be easily re-introduced by an enthusiastic new owner.
Competition / Market:
The only local competitor closed down in January 2007 selling their plot for residential development. A large number of clients moved their pets to this business as a result.
Reasons for selling:
Retirement
Financing available:
Adams & Co would be pleased to introduce the Purchaser to the local Commercial Managers at NatWest and HSBC who have expressed interest in funding this opportunity.
Inventory / Stock value:
£800

For more information about this business for sale, click the Contact Seller button.

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