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Mixed Use for sale

Spitalfield Lane, Chichester, West Sussex, PO19

£67,500
52 sq. m.

Property Description

Commercial information

  • Business for sale
  • 559 sq ft (52 sq m)

Key features

  • LEASEHOLD
  • Car & Van Hire Business Chichester
  • Ref 14127 i

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe are delighted to offer to the market Chichester Car & Van Hire business, established by our client in the late 1980's and operating from the current site since 1991 and now only offered to the market to allow him to retire.

The business hires out affordable small vans to Luton transit vans as well as a comprehensive fleet of competitive priced hatchback cars with low mileage. Vans can be hired for removals while small cars are ideal for low cost driving within the area. All vehicles must be collected from the site and can be hired for daily usage to long term rental periods.

Currently our client runs the business from a rented garage unit and agreed outside space for the storage of all vehicles, this agreement can be passed onto any new buyer or if desired moved to a new location within the Chichester area.

All cars are service and MOT checked.

Handover period offered.


LOCATION
Chichester Car & Van Hire is located in a private garage unit and yard within the Sapex buildings, Spitalfields Lane in Chichester, West Sussex.

The picturesque city is the only southeast city due to its famous cathedral and its long history dating back to Roman times. It sits 18 miles east of Portsmouth and 33 miles west of Brighton.

The business is well positioned to both the main line station and towns bus station is less than 5 minutes' walk away. The main boost to its location is its nearest to the A27 east west link road as well as a busy Sainsbury's store.

PREMISES
Single storey garage unit with wooden front shutter, customer waiting area and office. The garage is currently equipped with our client's tools which are not included in the sale.

The following vehicles are included in the sale: -
4 vans:
2 medium wheel based vans.
1 x short wheel based van.
Large Luton van.

10 cars:
Micra's
Ford Ka's
Peugeot's
Volkswagens

Majority small engine cars starting at 1 litre engines to 1.3 sized engines.


TENURE
The business is being sold as a Leasehold opportunity.

We are advised the Landlord is happy to agree a 5 year lease.
In addition, there is also a very attractive insurance package that can be transferred to the new owner.
Rent just 2,600 per year.

No business rates payable.
.

HOURS
Monday to Saturday: 8.30am - 5pm

STAFF
Just our client

FINANCIAL PROFILE
2016 accounts show a turnover of 40,000.

Vehicles valued over 40,000 included.



Map & Street View

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