£150,000
(£50.00/sq. ft)
Light industrial for saleBusiness For Sale, Bedminster BS3
3,000 sq. ft
Freehold
About this property
Highly Profitable Vehicle Repair Business
Established 1984
Full Inventory / Goodwill Included
5 Ramps & mot Licensed
Turnkey Operation
Central Location
New Lease Available
*** business for sale ***
An exceptional opportunity to acquire a long-established and highly profitable vehicle repair business, ideally located in Bedminster, just south of Bristol city centre. The business operates from a well-equipped industrial unit of approximately 3,000 ft2, benefiting from roller shutter access, large forecourt with ample parking, 5 vehicle ramps, 3-phase power, a full range of garage equipment, and a Class 4 mot License (1 man testing system). With a strong trading history and substantial turnover and profit, this is a turnkey operation ideal for both experienced operators and investors looking to enter or expand within the automotive sector. The sale includes the business, goodwill, and all equipment, offered at a premium of £150,000. A new fully repairing and insuring lease will be granted at an annual rent of £35,000.
As an actively trading business, no approach should be made directly to the business. All enquiries to be made to Maggs & Allen or joint agents, js Reakes Ltd.
Description
An exceptional opportunity to acquire a long-established and highly profitable vehicle repair business, ideally located in Bedminster, just south of Bristol city centre. The business operates from a well-equipped industrial unit of approximately 3,000 ft2, benefiting from roller shutter access, large forecourt with ample parking, 5 vehicle ramps, 3-phase power, a full range of garage equipment, and a Class 4 mot License (1 man testing system). With a strong trading history and substantial turnover and profit, this is a turnkey operation ideal for both experienced operators and investors looking to enter or expand within the automotive sector. The sale includes the business, goodwill, and all equipment, offered at a premium of £150,000. A new fully repairing and insuring lease will be granted at an annual rent of £35,000.
As an actively trading business, no approach should be made directly to the business. All enquiries to be made to Maggs & Allen or joint agents, js Reakes Ltd.
Location
The unit is located on Whitehouse Lane, just off Coronation Road in Bedminster within an area currently subject to substantial redevelopment.
Business Rates
The rateable value with effect from April 2023 is £22,750. We understand the rates payable are currently £6,811.
Accounts
Company accounts are available on request.
Business Sale
The premium will include the goodwill and an extensively inventory of equipment. The company shares can also be included.
Energy Performance Certificate (Epc)
Rating: G. The landlord intends to upgrade the EPC or register for exemption if the property is to be let.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Lease Details
The premises will be available on a new fully repairing and insuring lease at an initial discounted rent of £35,000pa. A sale of the longer headlease may be available if required.
Each party to incur their own respective legal fees.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Tenant Application Fee
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.
Viewings
By appointment.
Joint Agents
Js Reakes Limited.
Control Of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
An exceptional opportunity to acquire a long-established and highly profitable vehicle repair business, ideally located in Bedminster, just south of Bristol city centre. The business operates from a well-equipped industrial unit of approximately 3,000 ft2, benefiting from roller shutter access, large forecourt with ample parking, 5 vehicle ramps, 3-phase power, a full range of garage equipment, and a Class 4 mot License (1 man testing system). With a strong trading history and substantial turnover and profit, this is a turnkey operation ideal for both experienced operators and investors looking to enter or expand within the automotive sector. The sale includes the business, goodwill, and all equipment, offered at a premium of £150,000. A new fully repairing and insuring lease will be granted at an annual rent of £35,000.
As an actively trading business, no approach should be made directly to the business. All enquiries to be made to Maggs & Allen or joint agents, js Reakes Ltd.
Description
An exceptional opportunity to acquire a long-established and highly profitable vehicle repair business, ideally located in Bedminster, just south of Bristol city centre. The business operates from a well-equipped industrial unit of approximately 3,000 ft2, benefiting from roller shutter access, large forecourt with ample parking, 5 vehicle ramps, 3-phase power, a full range of garage equipment, and a Class 4 mot License (1 man testing system). With a strong trading history and substantial turnover and profit, this is a turnkey operation ideal for both experienced operators and investors looking to enter or expand within the automotive sector. The sale includes the business, goodwill, and all equipment, offered at a premium of £150,000. A new fully repairing and insuring lease will be granted at an annual rent of £35,000.
As an actively trading business, no approach should be made directly to the business. All enquiries to be made to Maggs & Allen or joint agents, js Reakes Ltd.
Location
The unit is located on Whitehouse Lane, just off Coronation Road in Bedminster within an area currently subject to substantial redevelopment.
Business Rates
The rateable value with effect from April 2023 is £22,750. We understand the rates payable are currently £6,811.
Accounts
Company accounts are available on request.
Business Sale
The premium will include the goodwill and an extensively inventory of equipment. The company shares can also be included.
Energy Performance Certificate (Epc)
Rating: G. The landlord intends to upgrade the EPC or register for exemption if the property is to be let.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Lease Details
The premises will be available on a new fully repairing and insuring lease at an initial discounted rent of £35,000pa. A sale of the longer headlease may be available if required.
Each party to incur their own respective legal fees.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Tenant Application Fee
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.
Viewings
By appointment.
Joint Agents
Js Reakes Limited.
Control Of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
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