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Stretford - Aquatics Centre For Sale

Stretford, Greater Manchester
Asking Price:
£189,995 Furniture / Fixtures included
Sales Revenue:
£651,000
Cash Flow:
£75,500

Lucrative & Long Established Business Thriving Since 1998
Annual Turnover £651,000
Gross Profit £240,000
Net Profit £75,500
Brilliantly Located at 0.7 Miles From Trafford Centre
On Site Spacious Parking With Facility for 12 Cars
Large Database Of Customers With Room For Expansion

REF 5862 – Leasehold Aquatics Centre

Blacks Brokers are proud to bring to the market this leasehold aquatics and reptile centre located a stone's throw from one of the biggest shopping areas in Europe at the Trafford Centre, Greater Manchester.

INTRODUCTION

Urmston Aquatics has been trading on Barton Road since 2008, having been in smaller premises close by for 10 years previously. Having a 20 year trading history, the business has gained a large and loyal customer base and has established itself within the local community as a reputable and knowledgeable supplier of aquatic livestock and accessories.

LOCATION

Situated on a small commercial parade called the circle, this is just a one-minute drive from the M60. The area is a combination of both residential and commercial properties with parking directly outside for customers and also on site car park for 12 cars, plus road side parking.

REASON FOR SALE

Urmston Aquatics is only being offered for sale due to our client’s other business interests and lifestyle desires.

LEASE

The building is available on a competitive rent on an Internal Repair Only lease (IRO lease). This is the most common form of commercial property lease. The current lease is 6 years with rent reviews every 3 years. The current lease began in 2013 at a cost of £25,600 per annum.

BUILDING LAYOUT AND DESIGN

The large retail unit is well branded with plenty of signage on display and glazed frontage with offers and advertisements in place. Inside, the main retail area is impressively presented with many display aquariums, neon lighting and tiled flooring throughout. The ground floor displays aquarium dry goods, a rabbit and hamster area with live stock and goods, a reptile area with live stock and goods and a dog and cat area. All areas are presented well and are well-equipped with good quality fixtures and fittings in place. The lower floor houses a marine and coral room, a tropical and coldwater room and a display room for the sale of aquariums.
Also there is a workshop for the building of custom aquariums.

STAFF

Urmston Aquatics is currently operating with seven, part-time members of staff in employment in addition to our client working on a full-time basis.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Urmston Aquatics has traded solidly over its trading history. The business generates an annual turnover of £651,000 with gross profits of £240,000 per annum. Rates payable are £8,737 per annum. Customers are mainly from the surrounding areas, with many repeat customers as well as new custom gained from word of mouth recommendation along with some from online advertising.

SUMMARY

This leasehold business is long-established with consistent takings and a strong customer base. This proposition would ideally suit an owner operating team with a knowledge of aquatics who could push the business forward, however, it may also be of great interest to another similar business looking for instant expansion and a customer base in this area of Manchester. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Fri - 9.30am - 6pm
Sat - 9.30am - 5pm
Sun - 10am - 4pm

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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