An established motor spares business for sale located in a very busy position on a main road with customer parking to the front, set in a parade with some well-established shops.
The business has been trading for in excess of 50 years and is very stocked and has long established loyal clients. We are advised that the turnover for business has been in excess of £270,000 for the past 4 years, generating a very healthy profit. Our client is looking to sell the business due to relocation.
Total Approx. area: 1,667 sq. ft. (155 sq. m.)
New full repairing and insuring lease for a term to be agreed.
We are advised by the vendor that the turnover averages £270,000 per annum.
Rental of £15,000 per annum exclusive
£130,000 to include the lease, goodwill, fixtures and fittings plus SAV.