This business forms part of a busy industrial estate which is located to the west of Newcastle City centre and easily accessed via the A695 Scotswood Road.
The immediate area is home to a wide range of occupiers comprising national and local operators including JJ Foodservices Limited and National Windscreens.
This business has been trading for almost 20 years but is now placed on the market as our client wishes to retire. The business currently operates as a traditional motor vehicle garage and repair centre and incorporates a very busy MOT centre.
The property is fully fitted and equipped for the trade and some of the MOT equipment was replaced in 2018 at a cost of around £7,000. Over the years the business has built up a loyal customer base and has excellent levels of repeat business but there is scope for new owners to introduce other services.
We see this business as an opportunity for a couple of people to operate and grow with genuine potential for motivated new owners.
Comprises a terraced garage & workshop.
The premises are assessed as follows:
Rateable Value £5,500
We are verbally informed that there are currently no rates payable for independent operators.
We are verbally informed that the premises are held on a 6 year lease from 2017 at a passing rent of £1,050 including VAT per month. Details on application.