Lake Autos is a long-established independent motor body repair and paint business located in Burghfield Bridge, Reading.
The business has been trading since 1973, with the current owners operating from the premises for approximately 31 years. It has built up a long-standing local reputation and provides body repair, paintwork, smart repair and alloy refurbishment services.
The sale includes the business goodwill together with key fixtures, fittings and equipment, including spray booth oven, ramp, pulling equipment and compressor
The premises extend to approximately 1,650 sq.ft including mezzanine storage and benefit from workshop space, reception, office, WC, paint room, compressor room, roller shutter access, three-phase power and external parking/yard area.
The freehold is being retained by the current owners and a new lease will be granted to the purchaser at an initial rent of approximately £27,000 per annum exclusive.
This opportunity is likely to suit an experienced motor trade operator, body repair specialist, smart repair operator or existing business looking for an additional location. The owners have also suggested the premises may have potential suitability for MOT-related operations, subject to all necessary consents and investigations.
- Established independent body repair business - Trading since 1973
- Current owners in occupation for 31 years
- Spray booth oven, ramp, compressor and pulling equipment included
- Approx. 1,650 sq.ft premises
- Yard/parking for multiple vehicles
- New lease available at £27,000 per annum
- Ideal owner-operator opportunity - transition and training included
