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Hertford Road Garage, 134 Hertford Road Edmonton, London, N9 7HL

£2,500,000

Business rates & charges may apply

Christie & Co, London
SECTOR
Petrol station for sale

Key features

  • Fuel sales 100,000 litre p/w
  • Extensive Car & Van/Lorry Valeting facilities
  • Shop sales c.£7,000 p/w
  • Opportunity to increase shop sales
  • Suitable for housing development
  • Free of tie supply agreement. Energy Rating D
  • Christie & Co Ref: 2411462

Property description

Tenure: Freehold

Description

Hertford Road Garage presents an excellent opportunity for a new operator to expand the sales area to increase the offering to meet the needs of both visitors to the petrol station and the local community.

The business is being sold free of any fuel supply tie which is a great benefit considering the high weekly fuel sales.

The car and lorry wash area could be sublet to generate additional income.

Location

The business is located in a prominent location on Hertford Road in Edmonton, North London. Positioned on a very busy road, the property is also among residential terraced dwellings.

Edmonton is a North London suburb within the Enfield Borough, the town is accessible from the A406 and connecting routes to the A10.

Internal Details

The shop area is fitted with a single counter till position, wall shelving, freestanding fixtures and Tchibo Coffee machine.

There is a stockroom, manager's office and extensive back up forecourt and car wash facilities.

Fixtures & Fittings

We have been advised that all fixtures & fittings are owned outright and will be included as part of the sales inventory.

External Details

There are six pump islands, each with four dispensing nozzles of varying grades beneath a 4.3m (max height vehicle) Jet branded canopy. There is also an external ATM, air/water machines, gas canister cage and winter fuel storages.

There is a waiting area leading to the American style conveyor car wash and lorry/van wash together with extensive facilities.

Tank information (litres)
Diesel 4042
Diesel 4042
Diesel 4042
Super unleaded 9123
Diesel 8964
Diesel 8796
Diesel 8902
Diesel 8970
Unleaded 52908
Unleaded 26456
Unleaded 26456

The Opportunity

Hertford Garage is an established petrol filling station known locally for selling fuel at very competitive prices and offering car wash facilities in additional to a rarely available lorry wash.

The shop sells a limited variety of convenience products and essential motoring goods.

Staff

The business is operated by a manager with the aid of four shop/forecourt staff and four valet staff.

Trading Information

Trading and Profit and Loss Account for the year ended 31 July 2016 show sales of £4,725,576 and a gross profit of £179,175.

We're advised the average weekly sales are:
Fuel sales c.100,000 litres
Shop sales £7,000
Car wash £2,000
Lorry/van wash £500

Trading Hours

24 hours

Development Potential

There is (subject to relevant planning permission) potential for the business to be closed and the land used for redevelopment in to a residential or residential/commercial scheme.

Business Rates

The rateable value is £41,750

Energy Performance Certificates

EPC 1

Brochures

Hertford Road Garage, 134 Hertford Road Edmonton, London, N9 7HL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Edmonton Green Station0.4 miles
  • Bush Hill Park Station1.1 miles
  • Angel Road Station1.1 miles

About Christie & Co, London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 2411462-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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