Leasehold Garage Price Reduction For Sale

Business description

This concern has been established for 38 years, our client having owned it for the last 18 years .Retirement enforces reluctant sale.

Our client offers repairs and servicing on all types of cars. There is a mix of both private and commercial work. Along side our client who works full time there are two part time staff. The levels of staffing have deliberately been kept to a minimum to suite our clients requirements. There is however ample opportunity to expand the business. There are 3 workshop areas as well as a paint shop area.
Our client has done no marketing to attract further custom, in fact the business has been treated mostly as a hobby.

Bag a Business Ltd feel this is an excellent opportunity to purchase a long established business with spacious and very well presented premises, and feel would suit a working partnership to fully realise the potential of this concern.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
ORIGINAL LENGTH: 12 years.
REMAINING: 10 years.
REVIEW: Every 4 years.
RENT: £11,000 per annum.

Living accommodation:

PROPERTY DETAILS Ground Floor Main off street area leading to courtyard area. Workshop offices To the rear staff facilities and toilets. Further workshop area used in the past for paint spraying. Opposite the court yard lie further working bays with storage. The main workshop bay also includes a pit with external court yard area and ramp. Equipment included in sale a virtually new welder and compressor Mobile ramp, engine lift and engine stand.

Location:

This Business is located in a very densely populated residential area of St Albans, in Hertfordshire. The town centre lies only half a mile away and the local railway station to London is only a 5 minute walk. For this reason the services of the business are used by commuters.

Other information

Trading hours:

Mon – Fri: 08.30am – 06.00pm Occasional Saturdays Sun: Closed

Financing available:

SBS Commercial Properties Ltd have a full financial package available.

Contact the seller