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Used car sales and repairs business for sale in Park Royal London with 6-year lease remaining

Park Royal, London, ID 212359

Used car sales and repairs business for sale in Park Royal London with 6-year lease remaining 1
Used car sales and repairs business for sale in Park Royal London with 6-year lease remaining 1
Asking price:
GBP£60 000
Turnover (per year): £2 000 000 gbp
Owner
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Description

Car dealership unitThe leasehold interest is offered for sale with 6 years remaining on the current lease. The property is an industrial unit of approximately 3,000 sq ft, providing space to accommodate around 30 vehicles on site. The premises also include a residential flat located within the building.The current rent is £4,000 per month. A premium of £60,000 is being sought for the lease assignment, which includes a lease deposit of £12,500. The deposit will be transferred to the incoming purchaser upon completion.The unit is considered suitable for a range of automotive uses, including car sales, car repair centre operations, tyre fitting services, and MOT testing station use.

Details

Real Estate: Lease
Square m2: 278
Asking price: 60 000 gbp
Turnover (per year): 2 000 000 gbp
Rent (per year): 48 000 gbp

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