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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,906 TIME(S)
BUSINESS REFERENCE : M2581 / RightBiz

OLD ESTABLISHED MOTOR SPARES PLUS WORKSHOPS

 

 
DOUBLE FRONTED MEDIUM SIZED CORNER SHOP with lino floor. Counter, electronic cash register, peg boarding, display stands, centre display stand etc. To the rear of the shop are 2 workshops with 2 entrances, concrete floor. 1 of the workshops has a 2-poster lift, tyre changing equipment, wheel balancing equipment, compressor etc. Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed London UNITED KINGDOM

BUSINESS SECTOR:

Commercial Property

TRADE TYPE:

Motor Related

SALE:

Agent Sale

LEASEHOLD:

£35000
   
 
   

BUSINESS DETAILS:

Location Occupying a corner position, excellent main road, densely populated residential and commercial area,LONDON, WOpening Hours Monday - Saturday inclusive - 9 a.m. - 6 p.m.
CLOSED ALL DAY SUNDAY AND ALL BANK HOLIDAYSTurnover WE ARE INFORMED the turnover averages 1,200 p.w. (including workshop turnover). In our opinion the business offers tremendous potential for further development in the right hands.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 5,000 p.a. approx.

THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Yard at rear with parking space for 1 carStaff The business is at present operated by the vendor with the assistance of 1 full time mechanic
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

M2581 / RightBiz

ENQUIRIES:

 
 
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