Motor Related Property for sale in Reading

View the "USED MOTOR CAR SALES SITE WITH OFFICES AND / OR CARWASH SITE (CIRCA. 3,250SQ.FT / 300M²) - EXCELLENT RARELY AVAILABLE MAIN ROAD LOCATION - READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

USED MOTOR CAR SALES SITE WITH OFFICES AND / OR CARWASH SITE (CIRCA. 3,250SQ.FT / 300M²) - EXCELLENT RARELY AVAILABLE MAIN ROAD LOCATION - READING, BERKS

Reading, Berkshire, England

  • Leasehold Price: £75,000
Seller Reference: C.6840
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Business Description
 
 
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Seller Reference: C.6840
Request Details
Business Description
USED MOTOR CAR SALES SITE WITH OFFICES AND / OR CARWASH SITE (CIRCA. 3,250SQ.FT / 300M²) - EXCELLENT RARELY AVAILABLE MAIN ROAD LOCATION - READING, BERKS

Established Motor Car Sales Site with Offices & Carwash. Current Planning Use is for Motor Car Sales, however, should one wish to use site as Car Sales simultaneously with a Car Wash, relevant Planning Permission from Reading Borough Council would be required. Excellently located and highly visible on busy road.

The Site and Premises are held on a 5 year FRI lease with approximately 3½ years unexpired at a rent of £38,400 per annum (£3,200per calendar month).

Rateable Value - £15,250 (circa £4,880 per annum payable after small business rate relief 2019/2020 - subject to qualification).

Hard Surfaced Site (approx. 2,685sq.ft. - 250m2). Carwash shed. Covered area for motor car inspection and light repairs.

Waiting Room / Reception (24’1’’ x 13’5’’). Office (circa 12’ x 14’). Kitchenette (circa 5’4’’ x 5’1’’). Cloakroom.

The business is currently run on a sub-contract arrangement which will cease when business is sold. No trading information available.

Excellent opportunity for an operator to take over and make full use of this ideal location to build a successful Car Sales and / or Carwash business.

The business is currently operating a 7 day week 8.00a.m. to 7.00p.m.

Price required for lease, tenants’ fittings, fixtures, utensils & equipment:- £75,000 STOCK EXTRA AT VALUATION (CLEANING PRODUCTS ONLY - ALL CARS WILL BE REMOVED)
Tenure:
Leasehold
Leasehold Term:
The Site and Premises are held on a 5 year FRI lease with approximately 3½ years unexpired at a rent of £38,400 per annum (£3,200per calendar month).
Listed by:
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