Advert Details

Main Road Repair And Mechanical Workshop For Sale

Details: Asking price:£50,000; Sales revenue:£200k < 500k; Net profit:£100k < 250k; Fixtures value:£4,000; Inventory value:Undisclosed

Business description: Car repair garage and body workshop, main road postion, scope to open as tyre shop as well many options. seller is unhappy to sell but due to other commitments is forced to sell. family problems. lease left is 10 years with 4 year break clause and rent reviews also every 4 years .. rent is very very low for this garage only 7200 pounds per annum and rates are 70 pounds per month. turn over already 3000 pounds per week so tyre shop would also make it much higher in turnover. also please contact me below as do not want the workers to know just yet ..has large yard could fit around 8 cars in side and work shop takes 3 cars inside.. landlord is very good open to everything. will come with all body work equipment. please contact to make arrangments to view

General information: Years established:40 years; Employees: 2 and owner; Trading hours: 9-6 monday to sat; Property:Leasehold; Lease terms:lease 12 years 4 years break clause rent reviews every 4 years.10 years left on lease if u want a new lease landord would be happy to do one but better of with the lease we have left as rent is very low there is 10 and hlaf years left on lease; Location:prime high street location; Expansion potential:tyre shop; Competition / Market:none; Support & training:2 weeks training; Reasons for selling:illness and family problems