Established Car Sales Site With Exceptional Reputation - Prime Worksop Location For Sale

Description

Sale type: lease and business assets only

Location: Worksop, Nottinghamshire

Sale agent: CoGoGo

Trading history at the site: more than 50 years

Period under current ownership: 12½ years

Trading position

Road position: prominent main road

Site recognition: long-established independent vehicle sales location

Visibility: high

Included in the sale

• Existing lease
• Workshop equipment
• Fixtures
• Fittings
• Current site infrastructure

Estimated asset value: approximately £60,000

Excluded from the sale

Vehicle stock: not included

Completion arrangements

Premises on completion: vacant possession

Buyer’s own branding: permitted

Buyer’s own vehicle inventory: required

Possible automotive uses

• Used vehicle sales
• Vehicle servicing and repairs
• Vehicle valeting and detailing
• Bodywork and paint repairs
• Parts and accessories sales
• Vehicle finance services
• Vehicle warranty services

Historic financial information

Previous annual turnover: more than £1 million

Business rates: approximately £550 per month

Vehicle stock funding

Potential funding facility: approximately £120,000

Funding approval: subject to lender requirements

Operator profiles

• Existing motor trader
• New automotive business owner
• Multi-site vehicle dealership
• Vehicle repair and servicing operator