Commercial Property To Let
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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.
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