This retail is now off the market
Kingsway, Luton – Luton
This retail is now off the market
Description Warren Anthony Commercial are delighted to bring to the market this very well established MOT, repair and servicing specialist, offering an ideal and accessible location within Central Luton. The business itself has been we understand since 2011 run we believe by the current owner and is we understand very well known and established in the area, with we believe long standing repeat and referral customers. No 1 MOT is situated in the Kingsway area of Luton, Bedfordshire. The business we understand carries out many services to include Class 4 MOT testing, Car Servicing, Car Repairs, Engine Management and Diagnostics, Brakes and Clutches, Steering and Suspension, Car Batteries, Welding, Air Conditioning and more. Even though we understand this to be a successful business it will we believe also benefit by taking it to the next level by perhaps adopting a more vigorous marketing policy with online advertising, use of social media and together with longer hours and more weekend working. The premises are set within private gated access on the Kingsway Industrial Estate occupying a good sized building amounting to 1,800 sq ft approx to include main workshop, reception area and separate WC. Also mezzanine storage area for staff area/kitchen, separate office and parking as well for several vehicles outside. There is within the premises an extensive range of equipment and these to be included in the sale as follows. Pit MOT bay, Shaker plates, Gas tester, Diesel tester, 2 post ramp installed in March 2018. A selection of specialist tools and hand tools, several trolleys jacks. Inspection pit, oil drainer and sucker, diagnostic equipment, welding machine, small and large axle stands, air compressor, tyre pressure gauges, impact guns, office equipment, computers in the workshop and office. Also printers, alarm system, CCTV, 3 phase connector and more. The main building it is accessed via full height shutters and also a yard with parking. Use B1/B2 (Business/General Industrial). Premium £95,000 subject to contract as a guide for the benefit of the lease, goodwill, fixtures and fittings. Rental £9,825 per annum exclusive. Lease with 4 years approx remaining of we understand a renewable lease. Business rates we understand to be Nil. However, it is recommended that all interested parties make their own enquiries to the local rating department at Luton. Size 1,800 sq ft approx. Opening hours Monday to Friday 8.30 am to 5 pm. Saturday 8.30 am to 3 pm and Sunday closed. Staff it is currently run we understand by 3 members of staff. Legal costs with each party to bear their own legal costs as well as the ingoing tenant to bear the landlord's legal costs. Local authority Luton. Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord. A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account. Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition. Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that, 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony. 4. All rent, prices, fees and charges are quoted exclusive of VAT. Viewing through Warren Anthony Commercial by prior appointment only. Important Notice
This shop for sale is located in Luton.