£150,000

Parking/garage for sale

  1. Property photo 1 of 2.
  2. Property photo 2 of 2.
  3. Property photo 1 of 2.
  4. Property photo 2 of 2.
Just added
Business

Offers in region of

£150,000

Parking/garage for sale

South Wight, Isle Of Wight PO00

Local area information

Property location

Nearby amenities

  • Brighstone Church of England Aided Primary School 0.1 miles
  • Chillerton and Rookley Primary School 4 miles
  • Yarmouth IOW Ferry Terminal 6.4 miles
  • East Cowes Floating Bridge 9.2 miles

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

Features and description

  • Very profitable long-established motor trade business, trading in the South of the Isle of Wight
  • Well-equipped premises with ramps, mot testing facilities, etc.
  • Premises run to total of approximately 218m2 (2,346ft2)
  • Offers are invited “in the region of” £150,000 for the business, goodwill, fixtures and fittings, with a new lease at £15,000 per annum
Location

Located to the South of the Isle of Wight, benefitting from the catchment area of Shanklin, Ventnor, Godshill, St Lawrence, Niton, and Wroxall

Description

Well-equipped garage with the ability to do mot testing. Itinerary available to Bona Fide applicants. Benefits from being long-established and has a significant customer base.

The Lease

A new 10-year lease will be available to the buyer at £15,000 per annum. All other terms by negotiation.

Terms

Offers are invited in the region of £150,000 for the business, goodwill, fixtures and fittings alongside the new lease at £15,000 per annum.

Uniform Business Rate

Rateable Value: £8,900 2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on . E: Or

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Gully Howard. 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 Gully Howard for full details and further information.

  1. Zoopla
  2. Commercial for sale