LOVELY LEASEHOLD BUSINESS IN BEAUTIFUL COUNTRYSIDE.
An extremely rare opportunity to acquire a thriving boarding kennels business in this highly sought after and prestigious area of the Cotswolds with an excellent customer base attracting very good fees. The business is well established and has been run to a high standard by the current owners who have made numerous improvements.
The current lease runs till 2036 and the lease document will be available for inspection by any seriously interested parties.
The kennel unit is situated on the edge of the village in unbroken countryside and from time to time farm cottages are available to rent and it is believed that one of the cottages will be coming available in the next few months.
It is a usual requirement of licensing that the owner has to live on site – however the current owner has consulted with the local licensing authority who has verbally confirmed that they would be prepared to license the kennels to a buyer who resided within a 15-20 minute drive of the kennels.
It is very unlikely that any loan could be raised against a lease in the current lending market so therefore it is almost inevitable that a buyer would require cash funds to purchase this business.
The current declared turnover pre covid was in excess of £140,000 Even with a cottage rental, which in all likelihood, could be offset as a legitimate business expense for tax purposes, this business offers someone a fabulous opportunity to earn and very good income along with the benefits of a rural lifestyle in one of the most beautiful areas in the UK. The business is making a good recovery.