Shop for sale

St. Lukes Terrace, Sunderland, Tyne And Wear, SR4

107 sq. m. | £179,950

Property Description

Commercial information

  • 1,151 sq ft (107 sq m)

Key features

  • REF: 12630
  • FREEHOLD
  • PET SHOP

Full description

Tenure: Freehold

LOCATION
The business is situated in Pallion, a suburb within the historic City of Sunderland, Tyne and Wear.

All Pets of Pallion occupies a prime trading position on the main retail street, with a good mixture of local retail outlets, eateries, pubs, and city centre amenities ensuring heavy and constant footfall in the area, the business also backs onto a busy residential area. The business further benefits from free parking directly outside the shop.

The area has excellent public transport links with several metro stations in the vicinity. Sunderland is also served by several A roads providing easy access.

BUSINESS
Hilton Smythe welcomes to the market All Pets of Pallion. The business has been successfully run and managed by our client for over 45 years and is very well known in the area, seeing a high level of repeat custom from local residents.

The store is very well laid out and supplies a good and diverse range of pet products such as bedding, leads, a wide range of pet feeds and accessories. The pet shop also sells small animals, birds and fish. According to the latest set of account the business reports turnover at circa 76,000 with gross profit at around 28%.

We believe a new owner may wish to embark on a modest marketing campaign to promote the assets of the business, certainly the introduction of a website would prove beneficial and opening hours could also be extended.

In addition, above the business is the potential to convert the space currently used for storage to a 1 or 2 bedroom living accommodation (subject to the correct permissions) with the potential to generate further income from letting or the area could be used as a further retail area and perhaps, expand the live animal range. This freehold property is a great investment opportunity.

Early viewing of this long established and reputable business is highly recommended with the business genuinely coming to the market as our client looks towards a well-deserved retirement.

PREMISES
Mid parade premise briefly comprising.

Good signage and large window display, highly visible to passing trade.

Ground
Main entrance from the street into open plan retail premises. General shelving and display stands adorn the perimeter as well as centre displays throughout. The serving area is to the rear.

Through sliding doors is the live animal section with birds and fish in cages and tanks.

To the rear is a store room and toilet.

Access to the first floor is through the live animal room.

First
Currently used for storage only but would make a good sized 1 or 2 bedroom flat.

General fixtures and fittings, all display stands and racking, fish tanks, bird cages, till.

TENURE
We are advised Freehold.

HOURS
The business currently opens:-

Monday and Tuesday 10.00am - 4.00pm
Wednesday closed
Thursday, Friday and Saturday 10.00am - 4.00pm
Sunday closed.

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
According to the latest set of account the business reports turnover at circa 76,000 with gross profit at around 28%.

Nearest stations

  • Pallion (0.3 mi)
  • Millfield (0.3 mi)
  • University (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Pallion (0.3 mi)
  • Millfield (0.3 mi)
  • University (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 12630. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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