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£49,950

Robinsons Valeting Services, Old Coleham, Shrewsbury SY3 7BP

454 Sq ft.

The business trades from a premises benefiting from roller shutter door access with a Total Gross Internal Floor Area of approximately 454ft sq (42.15m sq). The premises are arranged to provide a valeting area and an office / staffroom area. Included under the lease are four car parking spaces in the car park at the rear of the property.



The premises forms the ground floor of a two story property. Roller shutter doors at the rear of the property access a car park while the front is accessed directly from Coleham Head.



Location

The business trades from a prominently positioned roadside site fronting onto Coleham Head in the town of Shrewsbury. Coleham Head serves as one of the main access roads into Shrewsbury Town Centre.



Business

The business, which is reluctantly offered for sale due to personal circumstances, offers a long established car valeting service that has developed further by offering a mobile car valeting.



The business is ran by the existing proprietor with assistance from two part time staff. As well as general trade the business has a variety of informal contracts with schools, private clients and statutory authorities.



The current opening hours are:



Tuesday to Saturday 8.30 am to 4 pm



There is the opportunity to expand the business hours. The business has a fully equipped van that offers the opportunity to expand the mobile cleaning side of the business.



There are audited accounts available to genuinely interested parties but the business has a turnover of approximately £35,000 for the financial year ending 2015 and a gross profit margin of 71%.





(All measurements are approximate)



Total Gross Internal Floor Area 454ft sq (42.15m sq)

4 Car Parking SpacesThe business is let on an existing lease under which the proprietor is holding over. The current rent is £2,400 (Two Thousand Tour Hundred Pounds) per annum. The landlords have confirmed that they are willing to grant a new lease subject to terms being agreed.Enquiries were made to the local charging authority and we were advised as follows



Rateable Value £3,200.00

Rates Payable £1,568.00

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