Angling Centre & Pet Shop For Sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable retail angling business.

Founded by our clients 26 years ago, the business is only now being reluctantly offered for sale to enable them to pursue an alternative unrelated business venture.

The business offers an extensive range of angling equipment, accessories and bait and also runs its own pet shop.

The angling centre benefits from little local competition and has excellent high levels of repeat business from the many local fishing clubs.

They concentrate on tackle for the carp/coarse and the match anglers, although they do have a small section for the sea and fly fisherman.

The vendors also organise fishing matches throughout the year, thus increasing further the loyal local customer base.

The business has a good web site, which keeps the local anglers abreast of competition results, special events and a comprehensive list of all the products for which they are stockists.

We are advised that stock at cost is approximately £100,000.

The vendors are prepared to work with a new purchaser, to ensure a smooth transition and to effect the necessary introductions to suppliers, staff and to the local angling clubs.
REF: 8900LU

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 21 years
Remaining lease: 16 years
Review every: 5 years
Rent: £8,500 per annum

We are advised that the annual business rates are currently: £2,800

Living accommodation:

BUSINESS PREMISES Large ground floor lock up premises with the added security of having an alarm system and with CCTV with 4 cameras and briefly comprising of: Ground Floor - Pavement display with side entry door into the main sales area with a well stock pet shop area and counter display with till - The remaining 80% of the shop is taken up with a huge range of rods, accessories, baits, clothing and almost everything an angler should ever need - W/c at rear of shop

Location:

Our client is ideally located on an extremely busy shopping parade of an affluent town in Bedfordshire. The parade itself is surrounded by residential properties who shop in the parade, attracted by the diverse businesses and the free parking along the parade and in the nearby streets. Other businesses include hairdressers, supermarket, bookies, pub, restaurant, bakers, laundrette and a takeaway.

The town itself is accessed by either the A6 or the M1, both of which give excellent road links to the surrounding counties.

Other information

Expansion potential:

EXPANSION POTENTIAL
Although already a very successful business, there is still excellent scope to increase sales and profits further by:
1. Opening on Sundays
2. Opening earlier in the mornings – especially in summer
3. Expanding the product range in the pet shop
4. Increasing the top end rod selection

Trading hours:

Mon-Sat: 9am – 5.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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