Commercial property to let in Tudor Road, Luton, Bedfordshire LU3

We at Ultimate Connexions Sales and Commercials, present to you an extremely well established running business that has been operating exceptionally, as a successful garage for over 30 years, this is located just off Leagrave Road Luton.

In order to find a buyer for this highly successful company that our client founded in 1993, we have been appointed as the sole agent to complete the sale. The commercial unit has only recently been made available for sale due personal circumstance adjustment by the seller. Ultimate Connexions is pleased to have been designated as the exclusive sole agent.

The company, which offers high-quality servicing, maintenance, repairs, diagnostics, and scheduling mot testing, is located right off of Lutons popular Leagrave Road.

This reputable company, which has been in operation for more than thirty years, continues to attract a sizeable number of clients, many of whom consistently give them repeat business.

We strongly recommend that any seriously interested party make contact with us as soon as possible, as you do not want to miss out on this exciting opportunity to be able to purchase this very successful business.

Key features:

• Long established and profitable business.
• Specialists for all types of vehicles.
• Fully equipped facilities for Servicing & Diagnostics.
• Highly regarded business with excellent reputation locally.
• Excellent well fitted workshop, plus well fitted reception incorporating waiting area.
• The business rates for this large spacious garage is only £130.00 pcm.

• Average Turnover £385,205
• Average Gross Profit £206,987
• Average Net Profit £126,518

Property:
Leasehold

Lease Terms:

Our clients are the freeholder of the property and therefore will look to offer a new lease, with terms to be agreed and subject to status.

Rent: £54000.00 pa

Premium: £250,000

Location: The business is situated just off the busy Leagrave Road of Luton.

Premises Details:

Modern fully equipped premises, large spacious office with storage to the front with 14 car parking spaces, small standalone office to rear, separate toilet.

The main work shop is equipped with one mot Bay, three 2-post 3.5 ton ramps. Plus a well fitted reception, incorporating waiting area. There is so much more this garage has to offer, you do not want to miss out on this exciting opportunity.

The facilities have 479.3 m2 / 5159 ft2 of usable space.