Soar Road, Quorn, Loughborough

This is an excellent opportunity to acquire a successful, long-established business which is available to purchase for the first time. It is well-situated in Quorn in Leicestershire but the business is easily relocatable. The business specialises in the sale of performance engine components serving an international market.

Location - The property is situated in Quorn, an affluent village located alongside the A6 Loughborough to Leicester road and within easy reach of the M1 motorway and East Midlands Airport.

Description - QED Motorsport Ltd. is a longstanding supplier and manufacturer of outstanding performance engine components for amateur and professional motorsport enthusiasts. The business was established in Quorn nearly 50 years ago and the current owner has been involved for approximately 35 years. Further information can be found on the Company website at qedmotorsport.co.uk.

Turnover in the most recent accounts was approximately £670,000. Copies of the accounts are available to interested parties

The business is easily relocatable.

Floor Areas - The unit has a gross internal floor area of 200.1 sq. m. (2,152 sq. ft.)

Tenancy - The business is relocatable but a new lease is available on terms to be agreed.

Price - £250,000 for the business plus stock at valuation

Rent - Currently £1,200 per calendar month

Rateable Value - The current premises have a Rateable Value of £8,000. A qualifying occupier will receive small business rates relief with no rates payable.

Energy Performance Certificate - Rating F(136).

Costs - Each party will be responsible for their own costs incurred in respect of the transaction.