Popular Car Sales Business In Hampshire For Sale

Business description

We are pleased to offer for sale this popular car sales business, which was established by our client in 1990 and which is only now being placed on the market due to our client's wish to retire. The business occupies substantial detached premises and benefits from a large car sales forecourt. The business has good selection of quality used cars, which are all presented to the highest standards. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade. There is a quality website in place, which provides information on available stock, location and contact details. The business trades 6-day per week and generates a turnover in the region of £800,000 per annum with a gross profit of 20%. We feel that turnover could be increased by perhaps, marketing stock on specialist websites. This is an ideal opportunity to acquire a popular car sales business in such a desirable and sought after area, which is in walk-in-and-trade condition. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold:
Lease length: 5 years
Rent review: None
Rent: £15,000 per annum

Leasehold rent:

£15,000 per annum

Location:

Oakley Village Car Sales is ideally located on the main road through the rural and affluent village of Oakley, Basingstoke. The business is situated within a densely populated residential area and is surrounded by stunning countryside. The garage benefits from forecourt parking, nearby bus stops and there are several shops, businesses and amenities nearby. The business boasts an ideal trading position being situated on the main road, and benefits from a high footfall and much passing trade. The area is also popular with commuters, having excellent road and rail links to London. The business boasts easy access to the A-road network and the M3 motorway lies approximately 4 miles away.

Premises details:

Car sales business with showroom and extensive sales forecourt, situated in a village location. Briefly comprising:

Ground Floor
• Showroom with space for 7 cars
• Storeroom
• Sales office
• Spacious workshop, currently used for valeting and storage

External
• Sales forecourt with space for approximately 20 cars

Business Operation

Trading hours:

Mon - Sat: 9.30am - 5.00pm
Sun: By appointment only