Aquatic And Reptile Centre South Essex For Sale

Business description

The business trades from a purpose built one acre site. The premises cost in the region of £300,000 to kit out with £75,000 having been spent on the tropical fish area alone.
The business sells
Japanese koi, pond fish, Goldfish, Fancy Goldfish including A good range of high grade Chinese Fancies and tropical fish, and a vast selection of all related products. Also on site are a reptile centre and a large selection of vivariums and all related products.
The business has been established for thirty years and at this site for the last three years. It enjoys an enviable and unrivalled reputation in the industry. It has held many of its trading accounts for the past twenty five years and enjoys excellent trade discounts and payment terms as a result of these lengthy relationships with suppliers.
The business also operates a mail order service via a fully interactive website.

Property information

Property:

Leasehold

Lease terms:

The business currently trades on a rolling arrangement but we are advised that the landlord will be willing to grant a new lease (subject to status)
Annual rent is charged at £15,600 per annum

Leasehold rent:

£15,600 per annum

Location:

The business is situated in a rural location in South Essex with ample free on- site parking

Premises details:

The business trades from large detached premises measuring in the region of one acre.
Over ninety meters of display and gondola racking present the vast range of goods on offer.
To the rear of the main sales area is the tropical and cold water fish section containing eleven banks of matching Casco satin aluminum tanks, with ninety tanks in total.
There is also one very large vivarium and nine banks of built in matching reptile vivariums, with a total of fifty five units.
Through the doors at the rear of the main sales area are two more covered areas: a large cold water fish and koi area and a dry goods area, both recently built.

.
There is also a large porta cabin with kitchen and WC.

Business Operation

Expansion potential:

A new owner may wish to expand the opening hours and mail order side of the business.

Reasons for selling:

Retirement

Trading hours:

Monday –Saturday: 9.30 am – 5.30 pm,
Friday 9.30am-5.00pm,
Sunday 10 am-4.30pm
Closed Wednesday

Employees:

vendor husband and wife plus part time help

Years established:

30

Other information

Support & training:

Full handover support.

Furniture / Fixtures value:

£300,000 (included in the asking price)

Inventory / Stock value:

£80,000