 | Vehicle Showroom Workshop Barkingside For Sale Barkingside, Essex, United Kingdom Advert ref: E.1.23.EL Business description
Previously operated as a quality second-hand Car/van dealer and repair workshop. A car dealership has recently operated at this site for nearly 40 years. However the current vendor is looking for a quick re-assignment of the lease only in order to pursue other interests
Property: Leasehold
Lease terms
The vendor informs us that the 12-year renewable lease commenced in 2006 and we are further advised that the current rent payable is £25,000 per annum exclusive; with reviews on a 3 yearly basis The lessee will be responsible for maintenance of the interior of the property.
Location
This attractive unit is situated in a parade of shops within a suburb of Ilford with ample parking facilities. It is highly visible, situated on a corner plot of a busy main road.
PROPERTY Well maintained ground floor lock-up premises, comprising an indoor showroom of approx 550sq ft, kitchen, comfortable office and WC. The premises are protected by steel shutters. To the rear is a workshop area measuring approx 500sq ft.
In front of the indoor showroom is a forecourt of approx 1000sq ft and to the side a further area of approx 900sq ft
The total area measures approximately 4000sq ft. The rear workshop could easily be sub let for a rental income of £15,000 per annum
|
|
| | Financial details Asking price: £15,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
| |
