| (REF: M3398) Well Established Scooter Shop (Selling Vespers, Gilera & Piaggio Scooters) |
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| Seller Reference: |
M3398 |
| B4S Reference: |
27207 |
| Asking Price: |
£65,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£424,580 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Surrey, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : Forecourt area providing space to display approximately 14 scooters.
ATTRACTIVE SHOWROOM with quality tiled floor providing a display area for approximately 20 scooters.
WORKSHOP at rear fully equipped for the trade
Office
Kitchen
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the sales year ending 31st March, 2010 showed £424,544 with a gross profit of £120,623. The business sells new and secondhand scooters.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the ground floor premises at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (in the region of £60,000 could be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
ALTERNATIVELY THE VENDORS ARE PREPARED TO CONSIDER THE SALE OF THE FREEHOLD PROPERTY WHICH WOULD INCLUDE THE SELF CONTAINED FLAT OVER, CURRENTLY LET ON A SHORTHOLD TENANCY AND PROVIDING A RENTAL INCOME OF £850 PER MONTH. WE UNDERSTAND THE FLAT COMPRISES:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Fitted Kitchen
PRICE TO INCLUDE THE VALUABLE FREEHOLD, GOODWILL, FIXTURES & FITTINGS £425,000 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Occupying a corner position, busy main road, SURREY TOWN |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays |
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The business is at present operated by the vendor with the assistance of his wife on a part time basis with the assistance of 2 full time and 1 part time staff. |
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