Established Business For Sale, Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

Guide price

£75,000.00 + VAT

Established Business For Sale, 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

Established Business For Sale, Stanton Automotive, Redditch Trade Centre, New Meadow Road, Lakeside, Redditch, B98 8YW

FEATURES

  • ESTABLISHED 40 YEARS APPROX
  • POPULAR LOCATION
  • TURNOVER £155,000
  • POTENTIAL FOR GROWTH
  • CURRENT RENT £11,000 PER ANNUM

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.

THE BUSINESS & PROPERTY

Stanton Automotive has been trading for approximately 40 years. The Business has an extensive client data base and is ideally located, with the majority of repeat customers coming from the surrounding areas. The business is arranged as a prominent corner unit, measuring approx. 10m x 15m. There is a Reception Office, Separate Male and Female WCs and Kitchenette. The workshop is set out with three ramps, separate working area and window which could be ideally used as a display / showroom area. The premises has 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 40 years and currently has a turnover in the region of £155,000. The Business is run by our Client and is only available due to their 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 at a rent of £12,500 per annum.

RATEABLE VALUE

£7,800

FEATURES

  • ESTABLISHED 40 YEARS APPROX
  • POPULAR LOCATION
  • TURNOVER £155,000
  • POTENTIAL FOR GROWTH
  • CURRENT RENT £11,000 PER ANNUM

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.

THE BUSINESS & PROPERTY

Stanton Automotive has been trading for approximately 40 years. The Business has an extensive client data base and is ideally located, with the majority of repeat customers coming from the surrounding areas. The business is arranged as a prominent corner unit, measuring approx. 10m x 15m. There is a Reception Office, Separate Male and Female WCs and Kitchenette. The workshop is set out with three ramps, separate working area and window which could be ideally used as a display / showroom area. The premises has 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 40 years and currently has a turnover in the region of £155,000. The Business is run by our Client and is only available due to their 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 at a rent of £12,500 per annum.

RATEABLE VALUE

£7,800

Asking rent

£75,000.00

+ VAT

Established Business For Sale, 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