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SPACIOUS & WELL EQUIPPED GARAGE IN EAST SUSSEX

Undisclosed, East Sussex
Leasehold Price:
£75,000
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Status
FOR SALE
Advert ID
220583
Reference
P33334T / Rightbiz

Details

Situated in a rural but easily accessible location near Eastbourne in East Sussex, this very spacious garage was established in 2014 and is currently run by the two owners along with 1 full-time employee. The business is now reluctantly for sale due to ill health.

Together with all types of servicing, maintenance and repair work, the garage also generates a good income from used car sales. It has already built an excellent reputation which is reflected in some outstanding online reviews.

The trading name is included in the sale of the business along with a highly professional and well-maintained website. In addition, the current owner is willing to offer help and support during a handover period to ensure a smooth transition following the sale.

Draft accounts for the year ended 30th June 2017 show a turnover of £393,111 (comprising servicing and repairs: £129,617 and used car sales: £263,494). We understand that the current rent payable is £1,300 per calendar month.

Please note that the vendors would also consider selling just the servicing and repairs element of the business, i.e. excluding used car sales. With this option, we understand that the size of the unit (and the rent) could potentially be reduced by half.

Leasehold £75,000 Ref: P33334T

Full sales details available at www.emfgroup.com

Listing Details
Leasehold Price: £75,000
Tenure: Leasehold
Sector: Garage Businesses
Key Features
  • Fully Fitted
  • With Car Park
  • Accounts Available
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The data showed regarding this advert 'SPACIOUS & WELL EQUIPPED GARAGE IN EAST SUSSEX - P33334T / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.