Lease Premium Available in Hemel Hampstead

Hemel Hempstead, Hertfordshire
REF: INT1974

Asking Price:
£55,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: INT1974
Photo of Lease Premium Available in Hemel Hampstead
Photo of Lease Premium Available in Hemel Hampstead
Photo of Lease Premium Available in Hemel Hampstead
Photo of Lease Premium Available in Hemel Hampstead

Overview

Tenure:
Leasehold
Established:
2022
  • Huge Growth Potential
  • Recently Refurbished
  • Well Equipped Business
  • Spacious Premises
  • Wide Variety of Products & Services

Here is an excellent opportunity to take over the lease of a substantial property in Hemel Hampstead.

Set up to trade as an MOT centre, the space is extremely spacious – covering 7,000 square feet. Having recently been refurbished to an extremely high standard, a new tenant would benefit from being able to commence operations from day one.

The landlord has advised a new lease if fully negotiable, with terms between 5-25 years on offer subject to the needs of a new tenant. Rent will be payable at a rate of £91,000 + VAT per annum.

There is also an option for the new tenant to lease or purchase the MOT bay, currently on offer for £60, 000.

The premises is split across several floors, with offices upstairs separated by a mezzanine, four toilets and a kitchen area.

Having been recently refurbished to a high standard throughout, a new tenant would be able to move straight in and begin trading right away.

The premises is fully equipped to trade as an MOT centre and car garage. The property boasts a custom built spray booth room, class 7 and class 4 MOT ramps, two 4 tonne ramps and five 5 tonne ramps.

Situated within a busy business park, this is truly an opportunity not to be missed.

These premises would be ideal for an existing car and MOT business in search of expansion or relocation, or a new business looking to establish itself in a busy, bustling area.

Features

Key Information

  • Property Type: Industrial

Location

  • On-Site Car Parking
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£91,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2027
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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