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Retail premises for sale

£60,000

Ashford TN24, UK

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Property features

  • Retirement Sale
  • Annual Turnover £140,000
  • Rent £165 Per Week
  • 3 Bed Accommodation With Rental Income Of £660pcm
  • Handover Period Offered
  • EPC -F

Property description

Ref 5564 – Leasehold Car Accessories & Car Battery Specialist Business with Accommodation
Blacks Brokers are proud to bring to the market this leasehold car accessory and car battery specialist business with accommodation located in the much sought after area of Kent, Ashford.


Introduction


A business of this nature has been trading here on Faversham Road since 1989 and over that time it has firmly established itself within the local community and gained a superb, repeat customer base and reputation.


Location


Kent is a popular and busy area of South East England and one of the home counties. It borders Greater London to the north west, Surrey to the west and East Sussex to the south west. The area is densely populated with residents, businesses and schools. Faversham Road is a busy thoroughfare with other businesses and housing estates. There is all day parking available outside the business.


Reason for sale


The business is only being offered for sale due to our clients wish to retire.


Lease


This proposition is available as a leasehold option. If leasehold is desired, a new Fri lease will be negotiated as part of the sale. The current rent is £165 Per week on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease.


Building layout and design


This business is positioned on a busy main road in a parade of shops with it’s own forecourt area, which is currently displaying second hand vehicles. The land has a large customer parking area to the rear and bus stop directly outside. The business is well branded with clear signage on display and glazed frontage. Internally, there is a good sized retail floor with two customer counters to the rear. There is a large, store room to the back of the property, this is currently used as a workshop area for repairs along with the large yard space that it leads on to.

On the first floor is a spacious, 3 bedroomed accommodation. This is currently let and brings an additional income stream of £660 per calendar month – potentially could be used as an owners accommodation if required.All areas are well presented with good quality equipment, fixtures and fittings.


Staff


The business currently has one part time, self-employed mechanic in place with our client working on a full time basis.


Financial details


Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £140,000 with consistent gross profits. The business sells and average of 60 second hand cars per year.


Summary


This leasehold business is well placed, with large customer base and reputation established. There is plenty of scope to develop the business further with the introduction of more staff to accept more work and a good marketing drive. This proposition would ideally suit an owner operating team with a passion for cars that could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £60,000.

Please quote ref: 5564

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Nearby transport

  • Ashford International (1.7 miles)
  • Ashford International (Eurostar) (1.9 miles)
  • Wye (2.2 miles)
  • Lydd Airport (14.8 miles)
  • Manston Airport (23.3 miles)
  • London Southend Airport (29.1 miles)
  • Folkestone Eurotunnel Terminal (11.2 miles)
  • Dover Western Docks Ferry Terminal (18.9 miles)
  • Dover Eastern Docks Ferry Terminal (19.3 miles)

Nearby schools

View all schools in Ashford
  • Kennington Church of England Academy (0.2 miles)
  • Downs View Infant School (0.2 miles)
  • Phoenix Community Primary School (0.3 miles)
  • Goldwyn Sixth Form College (1.9 miles)
  • CATS Canterbury (11.4 miles)
  • Canterbury College (11.6 miles)
  • Towers School and Sixth Form Centre (0.5 miles)
  • Ashford School (1.3 miles)
  • Highworth Grammar School (1.4 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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