Buy a Vehicle Showroom Workshop Barkingside For Sale business for sale in Barkingside on BusinessesForSale.com

  • Advert ID: 555061
  • (Seller ref: E.1.23.EL)

Vehicle Showroom Workshop Barkingside For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£15,000
Sales revenue:
Available on request
Net profit:
Available on request
Business closed / Asset sale:
Yes

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Previously operated as a quality second-hand Car/van dealer and repair workshop. A car dealership has recently operated at this site for nearly 40 years. However the current vendor is looking for a quick re-assignment of the lease only in order to pursue other interests


Property:
Leasehold
Lease terms:
The vendor informs us that the 12-year renewable lease commenced in 2006 and we are further advised that the current rent payable is £25,000 per annum exclusive; with reviews on a 3 yearly basis The lessee will be responsible for maintenance of the interior of the property.

Location:
This attractive unit is situated in a parade of shops within a suburb of Ilford with ample parking facilities. It is highly visible, situated on a corner plot of a busy main road.

PROPERTY Well maintained ground floor lock-up premises, comprising an indoor showroom of approx 550sq ft, kitchen, comfortable office and WC. The premises are protected by steel shutters. To the rear is a workshop area measuring approx 500sq ft.
In front of the indoor showroom is a forecourt of approx 1000sq ft and to the side a further area of approx 900sq ft
The total area measures approximately 4000sq ft. The rear workshop could easily be sub let for a rental income of £15,000 per annum

For more information about this business for sale, click the Contact Seller button.

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