Retail premises for sale in Clayton Street, Bedlington NE22

£24,995
Retail premises for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business
Please quote reference B04146

Hilton Smythe is delighted to welcome to the market Buddies Pet Supplies. This business was originally established in 1985 but was only taken over by our client in 2016. Our client has thoroughly enjoyed running the store but is now reluctantly looking to sell due to family commitments.

The pet store sells a generous amount of stock for all kinds of pets. They offer general pet supplies, food and accessories, stocking some well-known brands such as, Wagg, Pedigree, Pointer, Felix and more.

Sales in the region of £80,000 with a 33% profit margin. This is good, but we believe this could be massively increased. Some ways in which the new owner could do this is to look at increasing opening hours. The store is currently closed 2 days a week missing some vital trade.

Our client currently does not stock live animals, this could also be something the purchaser can look at to boost income.

Furthermore, the business benefits from our client having her own website, which is and they also have their own brand of cat/dog food and treats.

This is a well-established business, well known in the local area. Therefore, the store receives a high amount of loyal repeat trade. This business would be a perfect opportunity for a purchaser looking for a successful store.

The store is well priced and comes with low overhead costs. Hilton Smythe highly advises early viewing to avoid missing out on this brilliant well-established business.

Location
Buddies Pet Supplies is located in Bedlington, Northumberland.

This pet store is situated in a corner premise in the town centre of Bedlington. This area has a fantastic range of independent stores such as newsagents, pharmacy, hair salon, take away and more. All though this is a town centre location, the area is mostly residential property. This is a brilliant location for a business as there is always a high amount of footfall.

The business is on Clayton Street which is a large main road that runs through the town centre. This area benefits from great public transport links. There are several bus stops dotted around the area, each just a short walk from the business. The store is also just a short drive away from the A189 which connects this area to the national motorway network.

Premises
The business is located in a corner single fronted premise.

The main shop is an open plan retail area, with a large serving counter which also has counter top displays. There is perimeter shelving, rails, other shelving and central display stands. There is a large storage area to the rear of the premise with toilet facilities.

There is also a garage which is used for extra storage.

Equipment includes:
• Fixtures and fittings
• Shelving
• Display stands
• Scales
• Till
• Freezers

The front of the premise is secured with shutters.

Tenure
We are advised the business is Leasehold.

Original lease length: 10 years
Rolling Lease (landlord happy to negotiate a new lease)
Rent: £300 per month

Hilton Smythe are advised the business has no business rates.

Hours
The business is open:

Monday: 10am – 5pm
Tuesday: 10am – 5pm
Wednesday: 10am-2pm
Thursday: 10am – 5pm
Friday: 10am – 5pm
Saturday: 10am – 4pm
Sunday: Closed

Staff
The business is run and managed by our client.

Financial Profile
The business generates a turnover in the region of £81,000 per annum.

Please quote reference B04146

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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