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Cheap Shop plus Flat Lease in London Surrey For Sale

Wallington, Surrey, United Kingdom

Financials

Asking price: £13,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Great opportunity to take over a fantastically cheap lease on a large shop & 2 bedroom flat situated in Wallington, Surrey. It is currently running as a road legal quad bike business, and has been known as a motorcycle shop for the past 30years. It has a large shop area, basement, workshop, parking at rear, and a split-level 2 bedroom flat above. We are selling the lease on its own, however if you are interested in taking over the business, this can be discussed too.
It is right next to Wallington BR, with direct connections into London, Sutton and Croydon. Currently there are a large number of flats, offices, and shops being developed in the direct area surrounding the shop, so would be ideal for someone looking to build up a successfull business. Please do not hesitate to contact me with any questions or further information. Chris Martin theboystoys .couk

Years established: 30

Employees: 2

Trading hours: 9-5

Property: Leasehold


Lease terms
Rent on the whole property, including the flat is only £1035pcm.

Living accomodation
Large, split level 2 bedroom flat above the shop with newly fitted kitchen and bathroom, large lounge and central heating.

Location
It is on a main road just off the main Wallington high street, with parking available.

Support & training
Help can be arranged if necessary

Reasons for selling
We are selling as we are moving abroad.


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