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Reputable Garage In South Tyneside For Sale

South Tyneside, Tyne and Wear, UK
Asking Price:
£300,000 Furniture / Fixtures included
Turnover:
£900,000
Net Profit:
Undisclosed
  • Turnover circa £900,000.
  • Trading since 2002.
  • Property circa 5,000 sq.ft. (465 sq.m.).
  • Site includes private car parking.
  • High levels of repeat custom and referrals.
  • Management team in place.
  • Genuine retirement sale.
  • EPC rating TBC.
  • New lease at £30,000 per annum.
  • GOODWILL & FIXTURES £300,000 plus stock.

Property Information

Property:

Leasehold

Lease Terms:

A new EFRI lease is available at a commencing rent of £30,000 per annum. Full terms to be agreed

Leasehold Rent:

£30,000 per annum

Location:

South Tyneside

Business Operation

Reasons for selling:

Retirement

Employees:
Currently operated by the 2 owners with the help of 7 members of staff.
Years established:
24 years

Other Information

Related Documents: