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Retail premises for sale

£25,000 Offers over

Classy Canines, Tomnahurich Street, Inverness IV3

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Property description

Description


Classy Canines is a dog grooming business operating from leasehold premises in Inverness. The business will undoubtedly be attractive to a wide range of animal lovers but especially those who have a desire for self-employment. Classy Canines provides dog owners with a grooming service where dogs can be dropped off and collected having had a pamper session involving a bath, trim and clip, blow dry and style etc. The current owner has operated the business for 20 years and is happy to work alongside a new proprietor to teach them the ropes before retiring from the business altogether. At this time only dogs are catered for, however, new owners may decide to open one or two more days a week for other types of small animals. At present on average 7-9 dogs are processed in one day at a cost of approximately £28-£30 each. Most people will book their next appointment on leaving whilst others book for the year ahead, at the time of visit there were appointments already in place for January 2019. It is worth noting that the waiting time for an appointment is in the region of 8-10 weeks such is the demand for this service.

Set on one level within a ground floor unit in the city centre, the premises comprise a waiting room, run around area, salon room and staff utility / toilet facilities. The business is easily located and although it does not have dedicated parking, benefits from a surrounding loading bay, drop off and collection area. At this time pets are not collected or returned by the salon and again this is an area new owners may decide to develop.

The business can be sold and relocated, should new purchasers wish to run the business from different premises.


Trade


Income is generated from 4 days trading which after all costs is produces a profit of circa £18,000. There is no doubt that extending opening times would improve profitability, there is also scope to employ an assistant and increase the number and type of treatments offered. An untapped area is the sale of supplies, both online and in the shop, which could range from shampoos and conditioning treatments to decorative collars, leads, dog beds and various other items. At present cats and other small animals are not catered for and one day a week could be set aside as cat pamper day etc.


Location


Classy Canines is easy-to-locate, situated in Inverness City, ideally placed to allow pets to be dropped off and collected whilst owners can enjoy an hour or two in the city itself. Inverness has extensive facilities for visitors and residents alike boasting two golf courses, an excellent indoor swimming complex, cinema, bowling and ample opportunity to enjoy evening entertainment at a range of venues which include Eden Court Theatre. The City and surrounding area boast a great many geological and historical attractions which makes Inverness an ideal place to live and work. The quality of life in the Highlands draws many new business owners to the area. The City of Inverness has benefitted from much expansion over the past few years and has a full range of social and welfare facilities associated from a modern city. Rail, road, and air links make the City highly accessible.


The property


Ground floor unit set within a two storey terraced property, with a single point of entry. The unit covers 100 sq. Ft. (9 sq. M.) and is set to an L shape, with entry into the reception area, there is a barrier between the front and rear of the shop with a locking safety gate to ensure the control of pets who are booked in. The area behind leads to the treatment room and staff facilities comprising small kitchen / utility area and WC facilities. The salon area has specialised non-slip flooring and is well equipped including 2 standing dryers, 2 pairs of electric clippers, steel bath, work stations, 5 kennels etc.


Services


Classy Canines benefits from mains electricity, water and drainage. There is electric panel heating within the building. There is access to the side of the property via a locked gate and a back door to allow access to the rear of the property if required. There is no garden area.


Web presence


The business has an established presence on Facebook but no website. This is certainly an area which could be developed to promote not only the business but also to highlight and upsell other products.


Rates


The business has a rateable value of £5,000 attracting a 100% discount under the small business bonus scheme in 2017 for qualifying applicants.


Trade


Accounting information will be made available to seriously interested parties subsequent to viewing.


Price


Offers over £25,000 are invited to purchase the leasehold interest complete with goodwill and trade contents (according to inventory).


Lease terms


The property is leased from a private landlord at a monthly rent of £500. A 10 year lease is being offered with a break clause at 5 years. There will also be a rent review on the fifth anniversary of the tenancy. The rent will be increased by 10% on the first anniversary of the tenancy. Full details of the lease will be made available to genuinely interested parties post viewing.

Property info

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Nearby transport

  • Inverness (0.4 miles)
  • Beauly (8.9 miles)
  • Muir of Ord (9.0 miles)
  • Inverness Airport (8.2 miles)
  • Aberdeen Airport (78.2 miles)
  • Oban Airport (82.7 miles)
  • Inverness Loch Ness Ferry Landing (6.0 miles)
  • Invergordon Port Ferry Terminal (14.7 miles)
  • Cromarty Ferry Terminal (16.0 miles)

Nearby schools

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  • St Joseph's RC Primary (0.1 miles)
  • Bishop Eden Primary School (0.2 miles)
  • Crown Primary School (0.5 miles)
  • Inverness High School (0.2 miles)
  • Millburn Academy (0.9 miles)
  • Charleston Academy (1.0 mile)
  • Drummond School (1.3 miles)
  • Black Isle Education Centre (9.2 miles)
  • Moray Firth School (10.3 miles)
Note: Distances are straight line measurements

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ASG Commercial, IV3 on +44 1463 357069 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by ASG Commercial, and do not constitute property particulars. Please contact ASG Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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