Commercial Freehold Garage and Site For Sale In East Finchley N2 Long Lane, East Finchley, N2
SAME OWNERSHIP FOR NEARLY 40 YEARS
A WELL ESTABLISHED garage, workshop and van hire business, established for almost 40 years. Family run from the same site during this time and providing mechanical repairs and servicing of cars and commercial vehicles, as well as a popular self-drive van rental business. Currently producing a good turnover with tremendous scope to improve this substantially with the right management and guidance
The premises are situated in a desirable location in a very well populated area, with easy access to the North Circular Road and A1.
The premises are protected by a remote-controlled security gate operated by a remote device (phone), 24hr CCTV with remote viewing and electric security shutters. With a business website, producing good traffic and excellent google reviews the business enjoys a good long-standing profile. Most of the business is through recommendation built up by the long-standing history of providing excellent service, the business has been highly successful, increasing yearly.
The site consists of 2 garage/workshops, a log cabin style office and yard areas. A total area of approx.. 3000 sq. ft.
VAN HIRE BUSINESS
With a fleet of 10 vans, the van hire business has been very successful over the years. We understand that during the last 12 months, the rental utilisation of all vans was a very impressive 94.6%. customers consist of long term and short term renter both business and private.
- Nearly 40 years of trading
- A large existing client base
- The premises consist of Approx. 3,000sq. ft. which includes a self-contained office with two independent double workshops with service ramp and substantial yard area which has parking for approx 10 ? 15 vehicles.
- A fleet of 10 vans made up of Short wheelbase vans, Long wheel base vans and Luton vans
- Full stock of major tools and specialist equipment
- Storage for 10-15 vehicles, approx.
- Business rates discounted 100% due to small business rate relief
Leasehold Premium: £175.000
FREEHOLD & BUSINESS ALSO AVAILABLE AT £700,000