Shop for sale

Woking, Surrey, , GU21

£59,950

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:B05419
  • Leasehold

Full description

Business
Hilton Smythe are privileged to present to the market Pentangle Aquatics, a much-loved business opportunity with over 30 years successful trading history.


The business and shop unit has undergone a total transformation since our client purchased 2 years ago, he is now selling due to his decision to retire.


The business turnover is split equally between -


  • Tropical Fish
  • Fishing
  • Reptiles

Improvements to the business have included:


  • New shop front and window signage
  • Complete rewire
  • Re-organisation of layout and displays
  • Updated stock range, reducing no profitable and non-core lines
  • New computerised POS system
  • New HD CCTV camera system
  • New show Fish Tank and new marine, coral and anemone
  • New fish tank support stands
  • Upgraded website and integrated Facebook page
  • More community involvement - e.g. Knaphill fete
  • Featured on Google Maps
  • Reduction in Business Rates
  • New lease term in place

The longevity of the business plus fantastic list of improvements will allow any new buyer the ability to walk straight in, carry on trading and take advantage of the improvements!


Our client identifies there are many areas still to pursue to improve the business further, these include -


  • Offering pond maintenance services
  • Offering tank maintenance services
  • Offering reptile parties
  • Offering an online ordering facility

Our client also advises any new buyer having a good knowledge of fishing would be especially beneficial. We are advised Goldsworth fishing tackle business recently closed which poses lots of new opportunity for any new buyer.


This would make an ideal couple / joint venture.


We recommend early viewing to avoid disappointment.



Location
Pentangle Aquatics occupies a prominent trading position on the High Street in Knaphill, near Woking in Surrey.


The Town Centre location ensures constant footfall from both local shoppers and those both visiting the area or working in many of the surrounding businesses and offices. This is also a destination business due to the extensive Aquatics range it offers with customers travelling from 10-20 miles.


The business is located next door to a busy barber, faces a newly refurbished family food led public house, independent cycle shop, hair salon, 2 mins up from the local Co-op store and popular Total petrol garage. A larger Sainsbury’s store is approx. 5 mins drive from the business.


Knaphill is a beautiful and highly desirable village in Surrey, located to the east of Woking and to the west of Aldershot. There is an excellent choice of proof housing, exciting new housing developments, leisure facilities and golf clubs as several good schools.


The area is accessed just off the A322 and busy M3 motorway.


There are 2 car parks within walking distance as well as some free street parking within 2 mins walk.


Nearest mainline train line is Brookwood.



Premises
New shop front and window signage.


Ground floor -


  • Solid wood counter with Epos till system and card machine.
  • Section 1 - fish foods, feeders, accessories and aquariums.
  • Section 2 - reptile area which includes 10 small and 2 large tanks.
  • Section 3 - spiders and spider tanks.
  • Section 4 - tropical fish area - includes 16 small tanks, 15 medium and 4 large tank. There is also a large Marine tank at the entrance.
  • Section 5 - fishing accessories including a large range of rods, reels and equipment/ clothing.
  • Section 6 - fresh and frozen baits.


Tenure
There is a new 10-year lease in place with 8 years remaining paying just £15,000 for the 2 adjoining shop units. The business rates have recently been reduced to just £6,600 per year.



Hours
MONDAY TO FRIDAY - 9am- 6pm
SATURDAY - 9am - 5pm
SUNDAY - 10am - 5pm



Staff
The business is run by our client who manages the back of house operations part time, a full-time member of staff (fellow Director) and 3 casual staff, who work the odd day. 



Financial Profile
The business generated over £100,000 as of the 2018 accounts with an adjusted net profit of around £20,000.




Nearest stations

  • Brookwood (1.2 mi)
  • Worplesdon (2.5 mi)
  • Woking (2.7 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

  • Brookwood (1.2 mi)
  • Worplesdon (2.5 mi)
  • Woking (2.7 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 B05419. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.