Car/Van Hire Businesses for sale in Hampshire

View the "SELF DRIVE CAR & VAN HIRE ON ISLE OF WIGHT " below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Leasehold Price: £395,000 Annual Turnover: £277,000
Request Details
Business Description
RELOCATABLE WITH OPTION TO BUY 1.2 ACRE FREEHOLD DEVELOPMENT SITE (See photo 2)
ESTABLISHED 1978
T/O 2005/06 £240k
PROVISIONAL T/O 2006/07 £277k
MODERN CAR FLEET (AVERAGE 40-45)
COMMERCIAL VEHICLE FLEET (AVERAGE 20)
FLEET MAY BE INCLUDED OR EXCLUDED CURRENT VALUE c.£275-300k
Number of Employees:
There is one full time member of staff and two part-time.

Tenure: Leasehold

Location Details:
This independent, profitable and established self-drive car and commercial vehicle hire business currently operates from leasehold premises in Shanklin, on the Isle of Wight. It represents a superb opportunity to acquire an established and profitable business with excellent growth prospects.
Although the business is currently trading from a large victorian property in Shanklin, the Vendors are relocating the business onto a valuable freehold sire of 1.2 acres (see Photo 2). This site with substantial development potential, may be available for sale by separate negotiation. The new site enjoys a highly prominent location on one of the main thoroughfares across the island, neighbouring a national supermarket.


Leasehold Term:
The balance of a 999 year lease is owned by one of the Vendors who will create a sub-lease on favourable terms to be negotiated with the buyer at an initial annual rent of £15,000.

Is this business relocatable: Yes

Listed by: Adams & Co
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HW1283
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