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Car & Van Hire Business In SW14 For Sale
Seller ref: Z7061B
Advert ID: 905001
SW14, London, United Kingdom
Financials
Asking price:£275,000
Sales revenue:£500,000
Net profit:£250,000
Business description
On busy main rd, excel trading posn, well estb for over 30 yrs, nice residential area, etc. 2,863 sq ft, t/o £500,000 pa @ £250,000 net profit. New 20 yrs lse, 5 yrly reviews, rent £55,000 pa, rates £9,000 pa.
General information
Years established:30
Employees:Owner + 2f/t
Trading hours:Mon – Fri 6.30 am – 6.00 pm, Sat 7.00 am – 1.00 pm & Sun 8.30 am – 11.00 am.
Property
Leasehold
Lease terms: New 20 years lease with 5 yearly rent reviews @ an initial rent of £55,000 pa.
Reasons for selling
Investment
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