Retail premises to let

Cres NW10

An exceptional opportunity to acquire a well-established used car dealership business in the thriving area of Park Royal. Sky Autos, a reputable and profitable tenant-operated business, is available for sale with a generous 13-year lease remaining. This property offers significant potential for both investors and business owners looking to capitalize on a prime location with a proven income stream. Key Features: Location: Park Royal; A highly sought-after area known for its vibrant commercial environment and excellent transport links. Property Size: 8,250 sq ft; Expansive space ideal for a used car dealership or alternative commercial use. Profitable Business: Impressive Weekly Sale of £105,000 with good profit ratio Building Age: 50 years; A well-maintained property that has hosted a thriving business for many years. Lease: 13 years remaining with a rent review every 4 years. Current Rent: £96,000 per annum, with the next rent increase set to £120,000 at the next review. Business Operation: The property is currently occupied by a longstanding tenant, Sky Autos, a successful and established used car dealership. Investment Premium: The tenant is seeking a premium of £395,000 for the business. Long-Term Stability: The remaining lease term and rent review structure ensure a steady income with predictable rent increases. Excellent Potential for Growth: With the substantial space, strategic location, and growing demand for used cars, this property offers fantastic long-term investment potential. Why Invest in This Property? Stable Rental Income: A reliable tenant in place with a proven track record. Prime Location: Park Royal is a key commercial hub with excellent visibility and access to major roads and transport links. Potential for Capital Growth: With upcoming rent increases and the tenants desire to sell the business, this property is poised for solid capital appreciation over the long term. Prime Investment Opportunity: Ideal for those looking for a high-return commercial property with minimal management hassle. This is a unique opportunity to secure a thriving commercial property with a successful business in one of West London's most sought-after locations. Contact us now to learn more or arrange a viewing; Don't miss out on this rare investment opportunity! Sourcing Fee Applies!