- Advert ID: 621554
Motor Retail Business For Sale
- Location:
-
- United Kingdom
- > England
- > Midlands
- > Worcestershire
- > Bromsgrove
- > BROMSGROVE
- Category:
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Summary
- Asking price:
- £149,950 (Furniture / Fixtures included)
- Sales revenue:
- £1m < 5m
- Net profit:
- < £100k
- Years established:
- 28
- Employees:
- 3
Business description
A FAMILY OWNED BUSINESS established in 1980 for sale due to retirement. Business in PRIME LOCATION extremely close to two major motorways and on a very busy A road and near to local town.
Showroom, 2 forecourts (approx 75+ vehicles)TW0 flats,2workshops + valeting Unit.
PLEASE NOTE: WE MAY ALSO CONSIDER RENTING THE SITE OR PART PAY AND INSTALLMENTS FOR BALANCE. Please contact the sellers for further details.
Property information
- Property:
- Leasehold
- Lease terms:
- 10 YEAR LEASE WITH 3 YEARS REMAINING BUT RENEWABLE. THIS IS THE 3RD 10 YEAR LEASE.
PLEASE NOTE: INSURANCE OF £100,000 IN PLACE AGAINST NON RENEWAL OF LEASE IF REQUIRED BY BUYERS
- Living accommodation:
- TWO FLATS, ONE TWO BEDROOM AND A ONE BEDROOM FLATE LOCATED OVER SHOWROOM
- Location:
- LOCATED ON AN EXTREMELY BUSY ROAD WITH TWO MAJOR MOTORWAYS WITHIN 3 MILES
Other information
- Expansion potential:
- POTENTIAL FOR EXPANSION OF BOTH NUMBERS OF VEHICLES FOR SALE AND
POTENTIAL TO BUILD UP ALL TYPES OF SERVICING.
- Competition / Market:
- NO THREATS PRECEIVED. STRONG TRADING TREND RECOGNISED THROUGHOUT THE AREA
- Reasons for selling:
- RETIREMENT OF THE FOUNDER OF THE BUSINESS
- Trading hours:
- 9AM - 6PM
- Furniture / Fixtures value:
- £5,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > England
- > Midlands
- > Worcestershire
- > Bromsgrove
- > BROMSGROVE
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