Blackpool Road | Preston | PR2 6BU

£140,000

Location:
Occupying a prominent position on Blackpool road (near the samlesbury interchange) The business is situated in an ideal trading location as it is within a parade of businesses and residential areas offering high footfall and passing trade. 
The property is easily accessible and ideally placed to offer services to both residents and local businesses.
 
Description:
The business was established over 3 years ago at its current location by an experienced owner.
The Property has been developed to include separated tyre storage facilities.
Upstairs there is an additional three storage rooms that may have the potential to be converted into accommodation, it may be possible to sub-let this floor to create additional income.
There is room at the rear of the property to include a ramp so there is a lot of potential for growth.
There is further potential to develop this space into a multi-purpose workspace and MOT testing station.
Due to strong relationships with national and specific local suppliers, the business is able to buy stock in bulk and utilise economies of scale in order to return strong gross margins.
The shop has an customer friendly lay out, and good use of display units promoting all products.
 
Equipment:
This shop consists of all fixtures and fitting such as Shelving, Computer, TV,CCTV System, staff toilet facility, one cash register, wash basins.
 
Opening Hours:
Monday to Saturday – 9:30am to 7pm
Sunday- 10am to 5pm
 
Licences:
The business has licences to trade as Tyre repair and car parts shop.
 
Products:
The Store Offers a wide range of products such as:
Car Cleaning products, Windscreen wipers, Brake pads and Discs, Tools, Car Batteries, Exhausts, clutches,
antifreeze, and many more.
 
Accomodation:
The property provides the following approximate net internal floor areas:
 
Ground Floor       
Retail Zone A,B = 46m²/ 495.1399ft²
Internal Storage = 26m²/ 279.8617ft²
First Floor Storage = 40m²/ 430.5564ft²

Sale:
Goodwill for the business is (Estimate £20,000.00)
Property Price 120,000.00
Including all fixtures and fittings stated.

Stock:
Stock on valuation (Estimated 30,000.00)

Turnover:
The turnover of this business is up to £1500.00 per week.

Ratting Assessment:
Rates payable for are
The small business non-domestic multiplier for 2015/16 is 48p
The non-domestic multiplier for 2015/16 is 49.3p
This property may be entitled to 100% rates relief dependant on circumstance, All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.
 
The Valuation Office Agency website describe the premises as being assessed as a “SHOP AND PREMISES” with a Rateable Value of £9,124.
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

Service:
Electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

EPC:
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

VAT:
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate. If applicable.

Legal Cost:
Each party are to be responsible for their own legal costs incurred in the transaction.

Viewings:
Strictly through Kingswood on an appointment basis only.
Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston,   PR2 8EA
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are though
To be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

The business benefits from substantial footfall and is in close proximity to Deepbdale shopping centre, Newhall lane and Ribbleton lane.


View EPC report

Features

Viewing is a Must, For Sale, Commercial Property, Great Potential, Currently Trading, Busy Parade Location, Established Business And Clients, Two floors , Business & Building For Sale

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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

For sale

Commercial
Studio bedroom(s)
0 bathroom(s)
0 receptions

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