Retail premises for sale in Osborne Street, Glasgow G1

£25,000
Retail premises for sale
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Property description

Business
Please quote reference B04588

Hilton Smythe are delighted to welcome to the market on a leasehold basis an opportunity to purchase this well-established & well-run pet shop & aquatic centre.

The business has been trading since the 1940’s and has been under the meticulous ownership of our client since the early 1960’s and has built up an enviable reputation for the products & services that it has to offer and has only now been placed on the market for sale as its our clients desire to take well-earned retirement, after many successful years of trading.

Thomas Hays Pet Shop trades as a traditional pet shop & pet supplies, specialising in all things pet related, retailing everything from;

• Tropical fish
• Birds
• Kittens
• Hamsters
• Various reptiles
• Pet food
• Cages
• Tanks and hutches.

We feel that there is tremendous scope to increase turnover and take the business to the next level by undertaking in a robust marketing campaign to generate increased sales, along with revised operating hours. The introduction of a dedicated website would increase online presence and could also be developed to offer an online shop for core products along with a possible delivery service.

The business trades on its reputation for quality and service and has outstanding future possibilities.

It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

A tremendous opportunity to own this well-established, long standing business, and early enquiries must come highly recommended to avoid disappointment

Location
Thomas hays Pet Shop is located on the busy Osborne Street and occupies a substantial ground floor retail premises within the Merchant city area of Glasgow.

The business is surrounded by a wealth of complimentary shops & businesses & greatly benefits from being situated within the city centre, resulting in a consistently high level of footfall & passing trade.

The Merchant City area of Glasgow is a thriving mixture of university campus sites, bars, restaurants, gallery’s, theatres & is easily within a few minutes’ walk from George Square in the city centre making the location of the business exceptionally attractive to potential purchasers looking for a city centre operation.

Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds.

As of the 2011 census, the city had a population density of 3,395 people per square kilometre. The city offers many amenities for a wide range of cultural activities, from curling to opera and ballet.

Premises
The business occupies a substantial ground floor corner retail unit and briefly comprises;

Window displays and glazed door to front creating a light, airy and inviting interior

Nicely presented shop that has been cleverly designed to maximise the space available.

The main shop has extensive wall mounted displays, along with a well-positioned service counter to the left-hand side with electronic till & card payment facilities.

To the side of the main front shop area is a large area that is currently used to display tanks & accessories along with further storage facilities.

The rear of the shop is the tropical fish area that has been well designed with 3 of the walls having built in display tanks, along with further storage, large window display area and rear shop exit. There is also a small kitchen area located to the rear of the front shop.

The business further benefits from a prime trading location along with prominent signage making it highly visible.

Tenure
We are advised that tenure is offered on a Leasehold basis via Glasgow City Council, currently done on a yearly basis.

Current Rent £ 14,640 Per Annum

Hours
Monday to Saturday 10.00 am – 5.00 pm
Sunday – 11.00 am – 5.00 pm

Staff
The business is run & managed by the current owner with 1 full time & 1 part time members of staff.

Financial Profile
The Business has reported a gross annual turnover in the region of £175,000 pa, no accounts were available at time of booking

Please quote reference B04588

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

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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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