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Leasehold 8.5 years remaining, Car show Business, Car Mechanic and Tyre fitting Business for sale

Smethwick, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/05/21

  • Advert ID

    277141

  • Leasehold: £170,000
  • Rent: £18,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

8,325 SQ FEET (185 FEET FRONT AND 45 FEET DEPTH) A Premises including Car showroom, two Mechanic workshops, four Tyres Bays,2 Other workshops and storage rooms, offices/ small accommodation, reception, kitchen. And two Toilets.

Rare opportunity.

 

Superb main road position. Smethwick-Birmingham.

• Retirement sale.

• 8.5 years lease left.

• no rates.

• rare opportunity.

• Rent. Good.

• Great potential for a younger owner.

The site is inarguably one of the best trading locations in Smethwick-Birmingham, with thousands of cars and potential customers passing the site every day.

The business is only one year old as retirement and illness force sale and being offered to the market with all the equipment required to function in its current format, the opportunity would suit either an established operator looking for an additional site/re-locate or an individual or partnership looking for their next business opportunity which has huge growth potential for the new owner.

The business generates income from three sources ( Car Sale, Car Mechanic, Car Tyres fittings and others ), and there may be a potential to add Car wash business subject to planning permission as the Business now has permission to wash its own car there may be a potential to obtain permission to add Customer Car wash, It would therefore also be ideal for someone working within a similar industry looking for an opportunity to expand by acquiring a site with a proven business model in a much sought-after trading location, we are expecting a lot of interest. Further information can be obtained by calling us on 012.55,9476.

Reasons to buy -
1- Excellent location.

2-Low rent.

3-Well established.

4- Zero Rate.

5-Could trade as three separate businesses, perfect for a partnership or family-run business.


Location.
Situated along Queens Road on the main arterial route in and out M5, the site is easily accessible on foot and by all modes of transport, with plenty of customer parking within the Area.

Premises.
Situated in Queens Road, Smethwick with 8325 sq feet. Large forecourt with hardstanding and 25 plus car capacity.
Reception area, offices and WC.

Equipment included in the sales comprises of ;

3 Car Lifts.

2 Tyre fitting and balancing Equipment.

3 Air Compressors.

2 Welding Machine (Oxygen and Meg Welder)

2 Diagnostic Autel Computers.

3 Engine and Gearbox Jug.

Full Car Mechanic Tools.

One Money and Documents Safe weigh 750 Kgs.

One high-pressure Jet Car wash pump with all accessories.

New Wooden shelves can accommodate more than 1000 new and part worn Tyres (Tyres costs extras)

CCTV system with 16 cameras.

One Iveco Van 2010

.
Tenure.
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £ 000 per annum with 8.5 years remaining on the current 10 year lease.



Opening Hours.
Monday: 09:00 – 18.00

Tuesday: 09:00 – 18.00

Wednesday:09:00 – 18.00

Thursday: 09:00 – 18.00

Friday: 09:00 – 18.00

Saturday: 09:00 - 18:00

Sunday: 09.00- 18.00

Read more

  • Attractive Business
  • Adjacent to Multiple Retailers
  • Large Business for Sale
  • Retirement Sale
  • Fully Fitted
  • With Car Park
  • Close to Local Amenities
  • Company for Sale
  • Potential for Alternative Use
  • Offers Invited
  • Prime Location
  • Unique Business

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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