Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

Guide price

£75,000.00 + VAT

Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

New Meadow Road, Redditch B98 8YW

Call 01527 584 242 PDF Download

Property ID: 39645

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Description

£75,000.00 + VAT

Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

LOCATION

The property is located on the popular Redditch Trade Centre in Lakeside, which is conveniently accessed via the nearby A4181 Warwick Highway leading to the M42 via the A441 to the north of the Town. Redditch Trade Centre is convenient for the adjacent residential areas of Lakeside, the local shopping centres and the busy bus route along the Studley Road.

DESCRIPTION

Stanton Automotive has been trading for approximately 30 years; in the ownership of our client for approximately 26 years. The Business is ideally located, with the majority of repeat customers coming from the surrounding areas. The Garage is arranged as a prominent corner unit, measuring approx. 10m x 15m and set out with three ramps in the workshop, Reception Office, separate male and female WCs and Kitchenette facilities, having a total Gross Internal Floor Area of 1,650 sq ft. Outside, there is ample space for customer parking and space for loading and unloading.

FIXTURES AND FITTINGS

The Business is well fitted throughout with a valuable inventory of equipment to be included

BUSINESS

The Business has been trading for approximately 30 years and currently has a turnover in the region of £155,000. The Business is currently run by our client, with one employee and is only available due to retirement. There is huge potential for growth for the right ambitious trader.

PURCHASE PRICE

The Business, Stanton Automotive, is available at £75,000 plus VAT

TENURE

The Property is currently occupied by way of a Lease expiring in Sept-2022 at a rent of £11,000 per annum. The Tenant is responsible for all outgoings. Alternatively, a new Lease is available by way of negotiation with the Landlords.

RATEABLE VALUE

£7,800

LOCATION

The property is located on the popular Redditch Trade Centre in Lakeside, which is conveniently accessed via the nearby A4181 Warwick Highway leading to the M42 via the A441 to the north of the Town. Redditch Trade Centre is convenient for the adjacent residential areas of Lakeside, the local shopping centres and the busy bus route along the Studley Road.

DESCRIPTION

Stanton Automotive has been trading for approximately 30 years; in the ownership of our client for approximately 26 years. The Business is ideally located, with the majority of repeat customers coming from the surrounding areas. The Garage is arranged as a prominent corner unit, measuring approx. 10m x 15m and set out with three ramps in the workshop, Reception Office, separate male and female WCs and Kitchenette facilities, having a total Gross Internal Floor Area of 1,650 sq ft. Outside, there is ample space for customer parking and space for loading and unloading.

FIXTURES AND FITTINGS

The Business is well fitted throughout with a valuable inventory of equipment to be included

BUSINESS

The Business has been trading for approximately 30 years and currently has a turnover in the region of £155,000. The Business is currently run by our client, with one employee and is only available due to retirement. There is huge potential for growth for the right ambitious trader.

PURCHASE PRICE

The Business, Stanton Automotive, is available at £75,000 plus VAT

TENURE

The Property is currently occupied by way of a Lease expiring in Sept-2022 at a rent of £11,000 per annum. The Tenant is responsible for all outgoings. Alternatively, a new Lease is available by way of negotiation with the Landlords.

RATEABLE VALUE

£7,800

Asking price

£75,000.00

+ VAT

Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

New Meadow Road, Redditch B98 8YW

Property ID: 39645

Call 01527 584 242 PDF Download

Share this property