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Light Industrial for sale

High Road, Ilford

£250,000

Property Description

Key features

  • MOT, servicing and repair motor garage lease for sale
  • Located on the busy Ilford High Road
  • 4 ramps wich space for a fifth
  • Potential to expand for additional repair space
  • Incredible opportunity for a new owner to really benefit from the reputation and customer base

Full description

Tenure: Leasehold

Garrison Property are delighted to offer this long established, successful and profitable MOT, servicing and repair motor garage lease for sale located in the busy area of Ilford.

The unit benefits from having 4 ramps and has space for fifth. There is also an area that is currently used for parking that could be used to extend the garage further and could be used for additional repair space. The unit also has office space. The garage has been established in the area for 20+ years and has a very good client base with lots of repeat business. The owner is only selling the lease due to relocation and his opens up an incredible opportunity for a new owner to really benefit from the reputation and customer base established already.

The property is located on the busy Ilford High Road, with many shops, restaurants and residential properties in the area which attracts a great deal of passing trade. Numerous bus routes service the area and the property is located near soon to be Crossrail stations of Seven Kings, Ilford and Goodmayes.

Rent: £25,000 per annum
Premium: £250,000 (Offers below this will not be considered by the vendor)
Lease: 9 years` open lease
Business Rates: £9,000 per annum

Size (Approx)

Repair space: 2,395 sq ft
Office: 158 sq ft
Side parking: 770 sq ft


Please contact Garrison Property today and do not miss the opportunity to take over this great existing business.


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


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