Business For Sale

 

 

 

46 High Street Steyning West Sussex

(Steyning Pet Shop)

 

The premises are located in a prominent trading position in Steyning High Street.  The property is Grade II listed within the conservation area.  The building itself has a 19th Century façade which conceals a 17th Century timber framed building which in turn provides a delightfully old fashioned shop with lots of charm and character.

 

Steyning has good communications and is located approximately 5 miles from Shoreham by Sea and 8 Miles from Worthing and 12 miles from Brighton, 15 miles from Horsham and 20 miles from Crawley.

 

 

OIRO £45,000 + Stock at Valuation

 

Character shop based in the quaint village of Steyning the unique selling point of the shop is that it is the only pet shop in the village and therefore there is no local serious competition.  The shop is currently staffed with one full time manager and two part-time assistants and one Saturday girl.

 

Situated next to the village Post Office and Fish Shop with Greengrocers soon to open two doors away provides passing trade during normal opening trade as well as regular clientele.

 

This profitable business is indicating profit circa £10,000 for the year ending November 2007.  There is considerable scope for development. Financial accounts are available on request.

 

The current owner has reluctantly decided to put the business on the market at this time due to potential Christmas trade the new owner would enjoy.  The current owner has also recently received promotion in his current employment “The Ambulance Service” and this requires him attending coursed away from the area coupled with a great deal of studying and will unfortunately be unable to commit any time or required assistance to the shop staff.

 

 

The Accommodation briefly comprises of: -

 

Shop: 7mtrs (23 ‘) plus bay x 3.7mtrs (12’)

 

Rear hallway: 4.3mtrs (14’) x 2mtrs  (6’ 6”) Night storage heater. Staircase off. Fitted shelves.

 

Middle Store Room:  5.3 mtrs (14’) x 2.9mtrs (9’ 6”) overall with door to yard. Fitted shelving.

 

Back Room: WC and Hand Wash Basin

 

 

FIRST FLOOR:

 

Landing:  Leading to: -

 

Front Room: 5.2mtrs (17’) x 2.7 mtrs (9’)

 

Back Room:  4.6mtrs (15’) x 3.4mtrs (11’)

 

Lease:  The premises are currently held on a full repairing and insuring lease for a term of 12 years from the 25th June 1998.

 

Rent:  The passing rent is £8,000 pax increasing to £8,200 as of June 2008.

 

Business Rates:  We have been verbally informed by the local rating authority the following:

 

Rateable Value:  £6,000

 

Rates (April 07/March 08):  £2,646

 

Small Business Rate Relief:  40% discount may be applicable to a purchaser provided this is their only business premises *(subject to conditions) our client currently has the benefit of this relief which made his last annual business rates bill payable:  £1,587.28.

 

 

 

Viewings:  Strictly by appointment through the Agents Warwick Baker 10 High Street Shoreham by Sea West Sussex BN43 5DA 01273 454234 darren@warwickbaker.co.uk