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Parking/garage for sale

£35,000

15B-15c High Street, Henlow SG16

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Property description

Business
Hilton Smythe welcomes to the market Prize Motors of Henlow Ltd, which was established in 1983 and owned by our vendor since 2014. Our vendor is now looking to purchase another business closer to home.

Prize Motors of Henlow Ltd is a car sales and repair garage. Services include repairs, tyres, services and car sales.

The sale includes a website the business also has 5* Yell rating, 5* Google rating, 5* Thomson Local rating and 4.3/5 Facebook rating.

The business premises could benefit from a refurbishment and a stock of cars to sell.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Prize Motors of Henlow Ltd is located in Henlow which is a well-served village and civil parish in the district of Central Bedfordshire, with close links to the A1(M).

The business is located on the main road through the village with parking on the forecourt for several cars, during working hours.
Premises
Forecourt with parking, up until 6pm each evening, which gives access to the outside WC, the main garage workshop and the car showroom.

Car showroom with room for 4 vehicles which is accessed via a glass sliding door.

Main workshop with sliding doors from the forecourt and a sliding door to the rear car lot area. Stairs lead up to the office.

Car lot area of which the lease allows parking for 6 cars.

Equipment includes: -

2 post 4 tonne ramp

Tyre machines

Compressor

Work bench
tenure
We are advised the business is being sold as a leasehold opportunity.

Original lease length: 7 years.

Remaining lease length: 4 years as of 2017.

Rent: £21,000 per annum.
Hours
The business opening hours:

Monday-Friday: 8am – 6pm

Saturday: 8am - 1pm
staff
The business is run and managed by our client.
Financial profile
Prize Motors of Henlow Ltd generated an advised turnover of circa £100,000 as of the 2016 accounts.

What Zoopla users think of Henlow

Overall rating:

  • currently 4 stars
Very good - 77% (13 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
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Schools & public services
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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
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  • 1
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Transport & travel
  • currently stars
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Nearby transport

  • Arlesey (0.9 miles)
  • Biggleswade (4.0 miles)
  • Letchworth Garden City (4.2 miles)
  • London Luton Airport (11.2 miles)
  • London Stansted Airport (24.3 miles)
  • London Heathrow Airport (38.9 miles)
  • Blackfriars Millennium Pier (36.7 miles)
  • Savoy Pier (36.7 miles)
  • Embankment Pier (36.8 miles)

Nearby schools

View all schools in Central Bedfordshire
  • Raynsford Church of England Academy (0.2 miles)
  • Clifton All Saints Academy (0.9 miles)
  • Derwent Lower School (1.3 miles)
  • Samuel Whitbread Academy (1.5 miles)
  • Stratton Upper School (4.3 miles)
  • North Hertfordshire College (4.3 miles)
  • Henlow Church of England Academy (0.3 miles)
  • Etonbury Academy (1.8 miles)
  • Robert Bloomfield Academy (2.4 miles)
Note: Distances are straight line measurements

Local info for Central Bedfordshire

About the neighbours in SG16

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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