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Reference M4811

Motor Accessory Shop in Somerset For Sale

Motor Accessory Shop in Somerset For Sale
Motor Accessory Shop in Somerset For Sale Buy a Motor Accessory Shop in Somerset For Sale Sell a Motor Accessory Shop in Somerset For Sale Motor Accessory Shop in Somerset For Sale for Sale Motor Accessory Shop in Somerset For Sale for Sale Motor Accessory Shop in Somerset For Sale for Sale Motor Accessory Shop in Somerset For Sale for Sale Motor Accessory Shop in Somerset For Sale for Sale Motor Accessory Shop in Somerset For Sale for Sale

Register to see map and to make an appointment Situated in a parade, of shops, residential area, BRISTOL

Turnover 3,000
Price 29,500

Features

Well Established Car Accessories & Parts

SINGLE FRONTED SALES SHOP in the region of 85.25 sq. metres with lino floor, partly carpeted, counter, electronic cash register, shelving, display stands etc.

Stockroom approximately 25 sq. metres

Small Kitchen
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 3,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending September, 2017 showed sales of 167,000 with a gross profit of 57,815.

Staff

The business is at present operated by a husband wife team with the assistance of 1 full time staff.

Trading Hours

Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 1 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 40 YEARS AND THERE ARE GENUINE REASON FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 29,500 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 14,750 (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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