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Reference M5203
Situated in railway arches, adjacent to busy road, residential and commercial area, SE LONDON PECKHAM
Turnover £ 3,000
Price
£150,000
Features
Mot Centre (class 1,2 & 4) Mechanical Repairs, Garage (cars, Motorbikes)
6 DAYS OPENING
PREMISES in the region of 1,900 ft²
Sliding door for vehicular access.
1 MOT BAY, fluorescent lighting, concrete floor.
The equipment includes rolling road machine, gas analyzer, headlamp aim tester, 3.5 ton four post Maha hydraylic ramp with shaker plates, 2 compressors,
Office to rear
Two toilets with wash hand basin
Mezzanine floor - with office.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. in respect of MOT'S with the balance of £1,000 p.w. from car repairs.
Staff
The business is at present operated by the vendor with 1 full time self employed mechanic.
Trading Hours
6 Day week
MONDAY - FRIDAY 9 am - 5 pm
SATURDAY 9am - 1pm
Outside
Parking space for 6 cars, 3 to the front and 3 to the rear.
Tenure
The Arch Co owns the head lease and subject to satisfactory references are prepared to grant a new 6 years full repairing and insuring sub-lease with rent reviews every 3 years at a rent of £28,000 p.a. for the first 3 years.
Price
TO INCLUDE THE NEW SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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