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79 Advert ID 11331   Sellers Ref : M2153
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Spacious FREEHOLD old established MOTORCYCLE BUSINESS For Sale

Business Summary:


* Location : Surrey
* Accommodation : YES - 2 beds
* Turnover : £ 28,000 p.w.

* Freehold Price : £ 795,000

Agent :  Nationwide Businesses Ltd


 

Description : Outstanding opportunity to acquire an old established Motorcycle Business selling cycles, motor accessories and motorcycle clothing.

The premises have the added benefit of being an MOT station.

These spacious premises provide in the region of 5,000 sq. ft. sales area including workshop.

Large forecourt for display purposes

Spacious Showroom with suspended ceiling, concealed lighting, display racking, counter in the region of 1,400 sq. ft. plus adjoining showroom of approx. 1,400 sq. ft. plus rear workshop.

Stairs to large first floor showroom of approx. 2,000 sq. ft. with display stands. In addition there are 2 rooms plus a second floor providing 2 further rooms, these are at present used as stores/offices.

2 Staff w.c's
   
Trading Hours : Tuesday - Saturday inclusive - 9.30 a.m. - 6 p.m.
In our opinion there is scope to increase
   
Staffing : The business is at present operated by 2 partners with the assistance of 3 staff.
   
Accommodation : The living accommodation in the form of a SELF CONTAINED MAISONETTE over does require some modernisation and is at present let and provides a rental income of £400 per month. The accommodation comprises:

2 Double Bedrooms
Bathroom
Lounge
Kitchen
   
Tenure : Uniform Business Rates: £6,000 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD PROPERTY COMBINED WITH A PROFITABLE MOTORCYCLE BUSINESS WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

IT WILL BE APPRECIATED UPON INSPECTION THAT THE PROPERTY HAS DEVELOPMENT POTENTIAL AND IN OUR OPINION THE 4 ROOMS SITUATED ON THE FIRST & SECOND FLOOR COULD BE DEVELOPED TO PROVIDE A SECOND FLAT FOR RENTAL INCOME, IF DESIRED.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED


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