Commercial Property To Let


Miscellaneous

Back to: Miscellaneous | Industrial


Former Garage & Car Sales Site

Swalwell

£45,000 (Leasehold)

REF: NE2131

Location

 

This business is located in a small industrial estate just off the A1M in the centre of Swalwell, to the west of Newcastle and Gateshead. 

 

The site has excellent road access from just off the A1 Western Bypass and this helps encourage potential customers from outside the region.

 

Business Opportunity

 

A reputable and long-established business traded from the site for over 30 years before the owner had to close for personal reasons.

 

The previous operator stocked and sold a wide range of second hand cars was also licensed to offer finance.he site would be suitable for a variety of motor trade uses, subject to any required consents.

 

Viewing is strongly recommended to appreciate this  rare to the market opportunity.

 

Premises

 

Comprises an extensive site that includes;

Ground Floor

Main Sales Centre    225 m2    2,400 ft2

Repair Garage           93 m2      1,000 ft2

External

Display Forecourt     pitch for up to 80 cars

Former Trading Hours

 

Monday – Friday         9.00am - 5.30pm

Saturday                     9.00am - 4.00pm

Sunday                     10.30am - 2.00pm

 

Rates

 

The premises are assessed as follows:

Showroom      Rateable Value           £6,300

Forecourt        Rateable Value           £5,400

Garage            Rateable Value           £7,000

 

Tenure

 

A new 5 year FRI lease will be offered at an asking rent of £45,000 per annum. The lease will be excluded from the Act and the ingoing tenant will be responsible for the Landlord’s reasonable costs in the preparation of the lease.

 

EPC

 

EPC Rating C

 

Money Laundering Regulations

 

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

Arrange a viewing Download details Download EPC Certificate