Business for Sale in STRONG, PARADE OF SHOPS TRADING LOCATION, BUSY MAIN ROAD MOTOR SPARES BUSINESS with FLAT, Nr CARIDFF CITY CENTRE
Key Information
- Reference
- M36258J
- Tenure
- Freehold, Leasehold
- Status
- For Sale
- Region
- South Glamorgan
- Sector
- Motor Accessory Shops
- Annual Sales
- £220,000.00 Exc. VAT
- Rent Payable
- £1,000 P/MONTH (if Leasehold)
- Business Rates
- £150 P/MONTH appx
- Accommodation
- Self Contained 2 Bed Maisonette above (currently let out and bringing in additional £890 p/month rent)
- Superb Motor Spares Business
- Keycutting/Number Plates Etc
- Established Over 44 Years
- Retirement Sale Opportunity
- Pleasant Shop In Busy Location
- Daytime Hours Only Trading
- Good Sales With Strong Profits
- No Staff To Handover
- Freehold or Leasehold Sale Options
- Highly Recommended By Us At EMF
Business Information
EMF are delighted to offer to the market (for the first time in 44 years!) this strongly located Motor Spares business.
Situated in a small parade of shops to the east of Cardiff city centre, located upon a major road, enjoying year-round trading opportunities and with huge numbers of surrounding residential properties, the position of this trading premises is felt very strong indeed!
Run purely by our vendor with the help of one casual member of staff (helping out as and when required), this superb opportunity is felt ideal for anyone with experience and/or a love of vehicles etc, or indeed for any new entrant to this sector looking for a solid, good profits business to take over and perhaps further develop.
Operating relatively short daytime hours, with a good website in place, established reputation and good name, the business has developed very good sales currently of circa £220,000 p.a with corresponding good gross profits and strong adjusted net profits.
Indeed, we hold up to date accounts and vat figures on file for this excellent opportunity and they confirm the historic and ongoing strength of this proposition!
Our vendor is looking to retire and duly offers this excellent business to the market by way of its lucrative freehold and business sale option (which includes the fully self contained, 2 bedroom maisonette above.. currently let out and bringing in an additional £890 p/month rent). Alternatively, a brand new leasehold option is available for the shop only, at what is a very sensible asking price and rent level.
A great opportunity that we at EMF therefore most highly recommend for earliest viewing and consideration.
EPC: tbc
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South, Mid & West Wales
Your Regional Director Mark Harrison
South, Mid & West Wales
PO BOX 156
Cwmbran
NP44 9EA