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BUSINESS REFERENCE : 6824 / RightBiz LEASEHOLD GARAGE IN LONDON | | | | | | Garage Harrow London T/O: £234,000 GP: 65% Well established and profitable business. Ideal trading position on busy industrial estate. Loyal customer base with high levels of repeat trade. Mercedes Benz specialists. Fully equipped premises. | | | BUSINESS LOCATION: | Harrow London UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £125000 | ANNUAL RENT: | £8500 | | | | | | | | | | | BUSINESS DETAILS: | Wayne Gates Mercedes Benz Servicing is ideally situated on the, well managed and maintained, Phoenix Industrial Estate in Harrow. The industrial estate is located centrally in Harrow and is well known in the locality. The business comes with 5 off-street parking spaces with the option to purchase more, if required, from the industrial estate itself. The garage is surrounded by a wealth of complementary businesses within the complex. Transport links in the area are exceptional, with Harrow on the Hill Railway Station and Harrow and Wealsdon Tube Station both in close proximity. The business is only a short drive from the M11, the M25 London Orbital and the A406 North Circular.
Bag A Business is delighted to offer for sale this thriving and profitable garage in Harrow, London. The business was established by our client in 1986 and is only now being offered to the market due to his wish to emigrate. Although the business has been running for 20 years, it still has many clients from its first year of trading, giving some indication of the customer loyalty the business has established. It is run primarily by our client and currently generates a respectable turnover in the region of £4,500 per week with a gross profit of 65%. This figure could be increased by advertising more and introducing more services such as MOT's. The business enjoys an outstanding reputation and consequently has high levels of repeat custom. We feel this offers an excellent base for a new owner to build upon, and as it is priced to achieve maximum interest early viewing is highly recommended.
FINANCIAL PROFILE
W/T: £4,500 approx
GP: 65%
OPENING HOURS
Mon - Sat: 9.00am - 6.00pm
PROPERTY DETAILS
Industrial unit located within the Phoenix Industrial Estate, briefly comprising:
GROUND FLOOR
1 x large ramp
1 x small ramp
Various tools and equipment
Mercedes Benz servicing equipment
Office
Store room
W/C
FIRST FLOOR
Storage space (not head height)
EXTERNAL
Parking for 5 vehicles
TENURE
Leasehold
Original length: 3 years
Remaining length: 2 years
Review every: 3 years
Rent £8,500 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 6824 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
