Pet shop fails to sell at online auction
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An established pet store, which had a guide price of £70,000-£90,000, has failed to sell during an online auction.
All Pets in Lowestoft, Suffolk, was described by agent Auction House as “a freehold shop with deceptively large accommodation located in a prime retail area, with rear access to private enclosed parking.”
The agent added: “The ground floor shop has over 1500 sq/ft of space including rear garaging and parking. There is a dry basement and numerous storage areas. The shop has been a pet shop for many years but is to be sold with vacant possession. This high footfall location could be used for a variety of alternative uses or developments (subject to planning).
“The property is being sold freehold subject to the sale of the first floor flat which has been sold on a long lease with a ground rent income of £150 pa.”
The shop went up for sale at an auction earlier this month by it went ‘unsold’. Any interested parties were asked to contact the auctioneer.
More details can be found by clicking here.
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