Car Garage in North London For Sale

Operated from an Industrial Unit NW LONDON

Turnover £ 4,000
Price £80,000

Features

Mechanical Garage

6 DAYS OPENING
FORCOURT WITH 2 CARS PARKING

Fully equipped Industrial unit in the region of 685 ft² with Concrete floor, fluorescent lighting

Inside spaces for 3/4 cars

1 Ramp.

Toilet with w.c. and wash hand basin.

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w.

Staff

The business is at present operated by the 2 partners

Trading Hours

6 Day week
MONDAY - SATURDAY 10am - 7pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £18,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote