Garage Workshop in Surrey For Sale

Detached property, office and commercial area, Surrey

Turnover £ 7,200
Price £125,000

Features

Garage Workshops

5 DAYS OPENING

Fully equipped garage in an Industeral unit, Office with computer telephone.

5 bays with ramps

2 parking space

Kitchen.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,200 p.w.

The accounts Year ending 31st August 2024 show sales of £406,421 with a gross profit of £90,153 after subcontractor costs of £102,214

Staff

The business is at present operated by the vendor with 6 full time staff employed.

Trading Hours

5 Day week
MONDAY - FRIDAY 8 am - 6 pm

CLOSED SAT&SUN

Tenure

The vendor owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a rent of £18,000 p.a. for the first 5 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1986, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote