Motor Accessory Shops for sale in Leeds

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Adam Warren (Jan 2017)
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Leasehold Price: £75,000 Price Reduced Weekly Turnover: £6,628
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Business Description
VEHICLE UPHOLSTERS AND OUTER COVERS in West Yorkshire for Sale.

An opportunity to acquire this delightful and well established outer covers and safety windows for forklift trucks, marine upholstery, weather covers plus total car seating recovers in both leather and fabric – this is in no means a restrictive list of what this superb concern does. The business was established in 1983 and covers the whole of the UK. It is worked in very easy hours over a 5 ½ day week and is operated by a competent team of staff. Annual Turnover £358,685. Retirement forces this reluctant sale. This business could be worked out of anywhere in the country, however, it is currently worked out of a well fitted workshop which will be held on a secure new lease, or, there is an option to purchase the freehold interest if required for an additional £250,000 on top of the asking price. The premises comprise: reception, office, directors office, workshops (approximately 80’ x 23’) with gas central heating, store room. There is a further detached workshop (40’ x 20’). The premises were re-wired and re-roofed in September 2015 and a new heating system in October 2015. Showing Adjusted Net Profits of £83,416 prior to depreciation and director’s remuneration on accounts for the year ended 31st July 2017.
Stock at Valuation. EPC Band E
Tenure: Leasehold

Listed by: Ernest Wilson

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