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Related Ads > London Business for Sale > Car Dealers & Showroom to Let > Car Dealers & Showroom in London for Sale 

Old Established Specialist Car Accessories, Motor Sport Equipment & Graphic Studio

Undisclosed London
Situated in a parade, excellent main road trading position, densely populated residential and commercial area, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 47099
ADVERT IMPRESSIONS : 17,555 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Car Dealers & Showroom
SALE: Agent Sale

LEASEHOLD:

£45000
 

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BUSINESS DETAILS:

Features : Established by the present owner approx. 34 years ago and there are genuine reasons for sale.

Forecourt with parking for 5/6 cars to

SPACIOUS SHOWROOM with concrete floor, fluorescent lighting.

Rear storeroom

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, densely populated residential and commercial area, SURREY

Opening Hours : Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
With the exception of Thursday evening when the business remains open until 6 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover is in the region of £150,000 p.a. in our opinion offering tremendous potential for further development in the right hands. Gross profit 55% approx.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £17,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

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

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 34 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£40,000/£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear with parking space for an additional 2 cars.

Staff : The business is at present operated by the vendor with the assistance of 1 full time staff.
   
  FOR SALE
   

REFERENCE:

M3091 / RightBiz
   
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ENQUIRIES:

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