£25,000 pa
(£6.28/sq. ft. pa)
Parking/garage to let10 St. Loys Rd, Haringey, London N17
3,982 sq. ft
About this property
Area - Haringey
Property Type - Lease Assignment with Premium
Approx. 370 sqm / 3,982 sqft internal space
Large car park and driveway for up to 12 vehicles
Class 4 mot garage with scope for Class 7
3 ramps, tyre bay, compressor
Mezzanine with office/storage
Ground floor office, WCs, kitchenette
New roof, concrete floor, excellent condition
Premium £199,000 incl. Goodwill, fixtures, fittings, and equipment. No VAT.
Prime Industrial & mot Garage – Tottenham N17
An opportunity to acquire a well-established mot, body repair, tyre and mechanical servicing centre in a high-demand location in Tottenham N17 - an area undergoing rapid regeneration with strong commercial activity. Trading for over 25 years, the business offers immediate income, a strong local reputation, excellent reviews, and clear potential for future growth.
Garage
Interested parties should verify business rates and potential reliefs directly with the local authority.
Expansion Potential:
An opportunity to acquire a well-established mot, body repair, tyre and mechanical servicing centre in a high-demand location in Tottenham N17 - an area undergoing rapid regeneration with strong commercial activity. Trading for over 25 years, the business offers immediate income, a strong local reputation, excellent reviews, and clear potential for future growth.
Garage
- Units 1 & 2
- Turnover approx. £350,000 per annum
- Approx. 315 sqm / 3,396 sqft plus yard 310 sqm / 3,335 sqft
- Secure yard/parking for 12 vehicles
- Aa Approved Garage
- Class 4 mot testing licence
- 3 ramps, tyre bay, and compressor
- Ground floor office, WCs, kitchenette, and mezzanine (office/storage)
- New roof and concrete flooring
- Premium of £199,000 – includes goodwill, equipment, fixtures, and fittings.
- The property is held on a single renewable head lease covering all three units (1,2 & 3) with five years remaining at £50,000 per annum.
- Units 1 & 2 – Occupied by the garage business. (Business rates: £3,600 p.a)
- Unit 3 – A single storey, 370 sqm / 3,982 sqft unit currently sublet to an upholstery company. The tenancy has expired and continues on a holding - over basis at £25,000 per annum (Business rates: £2,400 p.a).
Interested parties should verify business rates and potential reliefs directly with the local authority.
Expansion Potential:
- The business operating well below capacity due to space not being fully utilised, reduced owner involvement and general underpromotion of the business.
- Option to occupy Unit 3 to expand operational capacity and introduce additional services.
- Premium £199,000 incl. Goodwill, fixtures, fittings, and equipment. No VAT.
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