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Garage to rent

High Road, Ilford

£25,000 pa (£2,083 pcm)
fees apply

Property Description

Letting information:

Furnishing: Furnished or unfurnished, landlord is flexible
Added on Rightmove: 29 September 2016 (604 days ago)

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

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 (Please note the vendor will not accept offers below this)
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.

All photographs are provided for guidance only.

More information from this agent

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