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Reference M4736

Motor & Motorcycles Parts Shop in Caterham For Sale


Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential area, SURREY CATERHAM

Turnover 700
Price 58,950

Features

Well Established Motor & Motorcycle Spares Shop

SINGLE FRONTED SALES SHOP with counter, computer system, electronic cash register, racking etc.

Stock area
Small kitchen
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages in the region of 700 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the gross profit is in the region of 50%.

Staff

At present operated by the vendor & no staff are employed.

Trading Hours

Monday & Tuesday - 9 a.m. - 5 p.m.
CLOSED ALL DAY WEDNESDAY
Thursday, Friday & Saturday - 9 a.m. - 5 p.m.
Sunday opening - 10 a.m. - 12 noon

Outside

Car parking at rear for 1 car
Garage used for storage purposes

Tenure

We understand from the present tenant that the landlord, subject to satisfactory references, will grant a new 15 years lease at a rental of approximately 4,000 p.a. exclusive of rates with rent revisions.

Uniform Business Rates: Nil payable at present with small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 58,950 INCLUSIVE OF STOCK AT VALUATION (iro 50,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 29,475 (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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