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Greenwich London Vehicle Repair and Service Centre with Workshop for Sale

Greenwich, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    622510

  • Leasehold: £400,000
  • or
  • Freehold: £1,750,000
  • Rent: £75,000
  • Turnover: £475,000 (£9,135 Per week)
  • Net Profit: On request

Key Features

  • Attractive Business
  • Company for Sale
  • Prime Location
  • Accounts Available
  • Retirement Sale
  • Fully Fitted
  • Town Centre location
  • Close to Local Amenities
  • Established Business
  • Potential for Alternative Use

Business Details

Vehicle repairs and service centre

For sale is a highly reputed vehicle repairs workshop located in the heart of Greenwich, London. This business has been established for 40 years, serving a vast clientele with its comprehensive range of services, including specialist repairs in transmissions and used car sales.

The workshop spans an impressive 5,000 square feet, fully equipped with six vehicle lifts and an extensive inventory of stock and equipment. The business is currently being offered due to the owner's decision to retire after managing it successfully for 23 years.

Included in the sale are all fixtures, fittings, and stock, with an asking price available upon request. The business boasts a prime town center location, near local amenities, making it a very attractive proposition.

This is a freehold and leasehold sale, with the current annual turnover standing at £475,000, and an annual rent of £75,000. Financial accounts are available for review, and the business has an established online presence.

The workshop employs a team of five skilled personnel, and the current owner is willing to provide training opportunities for new proprietors. This offer is not only a chance to acquire a flourishing business but also presents potential for alternative uses of the premises.

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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. Reset 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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