Asking price: £175,000

Sales revenue: £208,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this successful and long standing business.

Established 22 years ago by the vendors, they have now reluctantly decided to sell due to a family bereavement which has changed their lives.

The business offers primarily the sale of motorcycles and scooters and the associated accessories but also offers MOT and service work in a workshop at the rear of the main shop. This has proved to be popular and produced large profits.

The premises have been maintained to a high standard and a new owner could move straight in and take advantage of good takings and profits.

The business is staffed by the two current vendors only.

To the first floor there is a 1 bed roomed self contained flat with bedroom, lounge, kitchen and bathroom.

The owner has just agreed and paid for the next 12 months advertising including the Yellow Pages.

ref:8114WR

Years established: 22

Trading hours: Mon: closed

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 20 years Remaining lease: nil Review every: 5 years Rent: £4,500 We are advised that the annual business rates are currently: TBC

Living accomodation
BUSINESS PREMISES Ground Floor . Well presented and lit shop . Display cases and shelving . Counter and till . Small enclosed office behind shop counter . Door to rear, car park and workshopFirst Floor . 1 bedroom flat consisting of: . Bedroom . Kitchen . Lounge . Bathroom . Could give an approximate rental income of £400 per month. External . Good sized modern work shop . Car parking at rear of shop

Location
Our client is situated on the main road into the affluent old spa town of Droitwich. The town centre is approximately 2 minutes walk away. There is car parking at the rear of the premises for staff and customers. There is also a supermarket car park 2 minutes walk away. The shop sits in a small parade of other shops and is very well illuminated and presented both inside and out. The M5 and M42 are both within 15 minutes drive away.

Expansion potential
The flat above offers either accommodation for a new vendor or as a rental opportunity at approximately £400 per month. The local police station has approached the current vendor as they badly need housing for their staff. Also, there is a small agreement in place with a breakdown/warranty company to act as 24 hour call out, this can be expanded further.

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