Castle Street, Cardigan, Ceredigion, SA43

Situated in an excellent trading location off a busy road leading in Cardigan a well established tyres repair workshop. This is a fantastic opportunity to purchase a highly profitable business as a going concern with the sale to include maintenance and fitting contracts, goodwill, equiptment and stock and the freehold premises.
Planning Class Use is B2


Notes - Garage and premises

Brooklyn garage, Castle Street, Cardigan

Rateable value:£4.45k pa
Rateable value / m2:£32.87 / m2

Stock and equiptment valuation - this does fluctuate with an average working out and is included in the sale at a valuation figure of £108,000

Contracts - the business is currently operating with service contracts in place and other income and turnover stems from walk in's, outcalls etc

VAT - applicable to the purchase but if the purchaser is VAT registered, it can be done under TOGC (transfer of going concern) which results in them not paying VAT.

Buyers who show evidence of their ability to purchase can have sight of the accounts but only after proving their financial ability to go ahead with a deal.
Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.