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Established retail/repair business
£15,000 ingoing + sav
New 5 year lease available at £1,250PCM
All enquiries to cph commercial
We are pleased to bring to the market this long established and profitable business which specialises in car accessories & bike sales/repairs. Benefitting from being a member of A1 motor stores (a national network of over 250 independant stores), this business presents an fantastic opportunity for someone to continue the excellent job the current owner has done in building the business up to where it is today.
A new lease is to be granted for a minimum 5 year term at a rent of £15,000 per annum (£1,250 per calender month). Stock at the time of sale is to be purchased at value. Full trading accounts are available to view to seriously interested parties.
A1 motor stores: The strength of A1 Motor Stores lies in its combined membership. By pooling their purchasing power, knowledge and expertise, they are able to provide valuable support to the independent. A1 has continually grown since its formation in 1983. Initially a marketing group, they have now become a fully-fledged buying and distribution group encompassing independent retailers and motor factors alike. Being totally owned by its membership, all activities are directed towards improving members' profitability, cash flow and raising their profile both locally and nationally. Most importantly, Their members are very proud of their independence and membership of A1 does not encroach on that at all. Please note: A1 membership is subject to approval.
Location: The business trades from a excellent pitch on Queen Street, lying close to Boyes Superstore and the recently refurbished Market Hall whilst also lying directly opposite a site which has planning to be redeveloped as a cinema/restaurant/retail complex.
Premises: 4 Queen Street benefits from an extensive glazed frontage which provides a superb display for the products on offer. The initial sales area is well stocked with car accessories and audio products whilst to the rear lies a bike showroom. Stairs to the rear lead up to a first floor store which also provides an office, tea making area and toilet facility.
Accommodation: The premises extend to the following approximate areas:Basement: 41.93 sq m (451 sq ft)Ground Floor: 141.70 sq m (1,525 sq ft)First Floor: 57.51 sq m (619 sq ft)Total: 241.14 sq m (2,596 sq ft)
tenure: Leasehold. A new lease is to be granted for a minimum 5 year period on Full Repairing & Insuring (Fri) terms.
Energy performance certificate (EPC):
VAT: VAT, if applicable, will be charged at the prevailing rate.
Business rates: The property has been assessed for business rates as follows:2017 rv - £13,000
viewing: Via the sole agents:Cph Property Services19 St Thomas StreetScarboroughYO13 0RPJoe Walker mrics
For more information about this property, please contact CPH Property Commercial, YO11 on +44 1723 266866 * (local rate)
Contact CPH Property Commercial about this property
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