| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 6,446 TIME(S)
BUSINESS REFERENCE : 7455 / RightBiz LEASEHOLD MOTOR PARTS STORE IN LONDON | | | | | | Motor Parts Store South East London W/T: £2,300. GP: £50,000 Established over 35 years. Prime location on busy shopping street in popular area. Good local reputation for fitting parts supplied by themselves. Excellent opportunity. | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor & Car Accessories | | SALE: | Agent Sale | LEASEHOLD: | £20000 + SAV | ANNUAL RENT: | £9950 | | | | | | | | | | | BUSINESS DETAILS: | Autostores of London is situated within a modern parade of shops on this very busy road that runs through Lee, London. It is surrounded by a wealth of complementary shops and businesses. There is ample on and off street parking close by. The shop draws its trade from the densely populated surrounding area, as well as from further afield. The area enjoys a high footfall as the Burnt Ash shops are well known. Lee enjoys excellent public transport links to central London, as well as easy access to the DLR at Lewisham and Docklands. The M25 motorway is just a short drive away.
Bag A Business is pleased to offer for sale this busy motor parts store which has been established for over 35 years and under the careful ownership of our client since 2003. It is now only being placed on the market due to his other business interests. Run primarily by our client, with the help of a full-time mechanic, the business enjoys an excellent turnover in the region of £2,300 per week derived from the sale of car parts and accessories. Autostores of London enjoys high levels of repeat trade as it has an excellent local reputation and also fits parts purchased to customers' cars, as well as carrying out simple repairs. We feel this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this profitable auto parts shop.
FINANCIAL PROFILE
W/T: £2,300 (approx.)
GP: £50,000 approx.
OPENING HOURS
Mon - Sat: 9.00am - 6.30pm
Sun: Closed
PROPERTY DETAILS
Ground floor, lock-up unit within a modern parade of complementary shops and businesses, which together are a strong local draw and benefit from a high daily footfall. Briefly comprising:
GROUND FLOOR
Well-fitted retail sales area
Spacious behind counter workshop area
Store room with metal shelving
Office
W/C
EXTERNAL
Parking to the front of the premises for three vehicles
TENURE
Leasehold
Remaining: 7 years
Review every: 7 years
Rent: £9,950 per annum
Tennant's break clause on 3 years | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7455 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
