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Garagetyres, Servicing And Repairs
Advert Id: 56717, Sellers Ref: (luton)Location:North West
Category:Tyres
Asking Price:£60,000
- Sales revenue : £280,000
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
DESCRIPTION:
This business has been established for over 10 years and has built a reputation for both reliability and competitive pricing. The testimony to this is a following of loyal customers who frequent the garage/tyres, servicing and repairs alike. The business was co-founded by the present owner & the company has a full contingent of capable and qualified staff who is able to run the business independently. The premises have spacious offices, a waiting area and toilets.
USES:
B2
PREMIUM:
£60,000 for the benefit of the lease, fixtures & fittings.
TERMS:
Lease length 15 years with 5 years remaining (renewable)
RENTAL:
£24,000 per annum
BUSINESS RATES:
Current business rates are £600 per calendar month. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council
SIZE:
Approximately 3272 sq ft
OPENING TIMES:
Monday - Friday 9:00 a.m - 6:00 p.m & Saturday 8:00 a.m - 3:00 p.m & Sunday Closed
Staff:
Owner managed with 3 Staff
TURNOVER:
Current turnover in excess of £280,000 per annum.
LEGAL COST:
Each party to bare their own legal and professional costs in this transaction
LOCAL AUTHORITY:
Luton
ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 70 - C Rating. A copy of this property’s energy performance certificate can be viewed at [Web Link Censored] as a pdf file.
REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS:
Through London Properties by appointment only
MAILING LIST:
We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.
DETAILS BY E-MAIL:
We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at:
[Email Censored]
FREE VALUATIONS &
MARKETING ADVICE:
We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:
[Phone Number Censored]
Other Information
- Years Established: 2011
- Employees: Owner Plus 3Staff
- Trading Hours: Monday - Friday 9:00 a.m - 6:00 p.m Saturday 8:00 a.m - 3:00 p.m Sunday Closed
- Lease Terms: Lease length 15 years with 5 years remaining (renewable)
Once you register as a Buyer you will be able to access all the phone details and many more features
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