Leasehold Electrical Sales And Repairs Business For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this well-established and respected electrical and white goods business. The business serves both individual and business customers, including the largest and expanding letting agents in the North East, and estate agents from across the region, all using our clients business for their flats and houses. The area has a large student population, and as such, there are a numerous requests by letting agents and individuals for the repair and replacement of white goods items. There are also a number of prestigious corporate clients who use the business. As well as spares and repairs of white goods, our client also sells new and reconditioned goods. The staff are all fully qualified, and have in place portable appliance testing as part of the service offered. This business enjoys an excellent reputation in the locality, not only attracting businees trade, but also individual and passing trade. The business is only now being placed on the market due to our client's wish to retire. Rarely do such business opportunities come to the market and early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease length: 5 years
Remaining lease length: 3 years
Review every: 5 years
Rent: £150 per month

Living accommodation:

Property Details Ground Floor • Showroom and storage area • Workshop • Expansive parts area • Office • WCs • Fully secure with alarm External • Yard to rear

Location:

This successful electrical and white goods business is located on the main road through Low Fell, Tyne & Wear. Low Fell is close to the Cities of Newcastle and Gateshead with the latter having the Metro Centre, the largest shopping complex in Europe. Low Fell has easy access to the A1 and is within 20 miles to the North East coast. Although the business is very well located, due to the nature of the business it could easily be re-located anywhere within the region.

Other information

Trading hours:

Mon - Tues: 7.00am - 4.30pm Wed: 7.00am - 12.00pm Thurs - Fri: 7.00am - 4.30pm Sat - Sun: Closed