£150,000

Light industrial for sale

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Just added
Freehold

£150,000

(£50.00/sq. ft)

Light industrial for sale

Business For Sale, Bedminster BS3

3,000 sq. ft

Local area information

Property location

Nearby amenities

  • Bedminster 0.1 miles
  • St Mary Redcliffe Church of England Primary School 0.2 miles
  • Holy Cross RC Primary School 0.3 miles
  • Prince Street Bridge Ferry Landing 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bristol to find out more about the local area.

Features and description

  • Freehold
  • 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: Tbc

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.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Maggs & Allen. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Maggs & Allen for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Bristol
  4. Bedminster
  5. Whitehouse Lane