CHARTERED SURVEYORS, LAND AGENTS, ESTATE AGENTS, COMMERCIAL AGENTS, LETTING AGENTS, RICS REGISTERED VALUERS
Oxted, Surrey
FOR SALE - - £400,000
Oxted, Surrey - Photo 1
Property Description

Property description

A unique business opportunity - owner retiring. A long and well established garage/car restoration business with great potential for expansion. Two workshops, MOT testing bay and stores building. Staff room, cloakroom, portacabin office.Exterior flood lighting, up to 25 car parking spaces.

LOCATION
The Premises are prominently situated and approached via the petrol station off the Godstone Road (A25) close to its junction with Old Oxted High Street, Church Lane and West Hill. Oxted town centre and railway station are about 0.35 miles distant. Junction 6 on the M25 Motorway at Godstone is approx. 2.5 miles. London is about 23 miles distant. Gatwick Airport is approx. 14.5 miles.

DESCRIPTION
These Garage Premises comprise two workshops (including the MOT bay), range of 4 Stores, Portacabin office, cloakroom and staff room. PLEASE NOTE: The petrol station and car wash are not included.

ACCOMMODATION
Main Workshop (included MOT bay) approx. 16.2m (53’2”) x 8.25m (27’) with a 4 post, 2 post and short 2 post lifts, roller shutter door (height about 3.15m (10’4”)).

Second relatively new Workshop approx. 12.18m (40’) x 5.75m (19’) with two 2 post lifts, roller shutter door (height about 3.5m (11’6”)).

Concrete framed Workshop/Storage Buildings comprising 4 workshop/stores overall approx. 9.94m (32’6”) x 4.73 (15,6”).

Portacabin office, Staff room and Cloakroom.

Parking for approx. 25 Vehicles.

SERVICES
It is understood that mains electricity (3 phase), water and drainage are connected to the property. Waste oil, warm air heating to the two workshops. However, intending purchasers should make their enquiries of the relevant authorities.

TERMS
The Premises are held on a 15 year full repairing and insuring lease with approximately 12 years to run.

Five yearly rent reviews based on the retail price index plus 1%.


£23,500 per annum exclusive, reviewed every 5 years.

OUTGOINGS
Business Rates - The current ratable value is £14,750 taken from the Valuation Office website but prospective purchasers should make their own enquiries.

VAT
Prospective purchases are reminded that under the Finance Act 1989, Value Added Tax may be payable on the purchase price. Intending purchasers should make their own enquiries in this connection.

LEGAL COSTS
Each party to pay their own legal costs incurred in the transaction.

PARKING NOTES
Parking for approx. 25 vehicles.

OTHER
Comprises a long well-established garage business providing car servicing and maintenance, MOT’s, car restoration and tyres.
Turnover approximately £440,000 per annum with 3 current staff plus 4 occasional stuff.

VIEWING
Strictly by confirmed appointment through the agents
RH & RW CLUTTON. Tel. 01342 410 122.

For any further information please contact the Agents.

© 2019 RH & RW Clutton LLP
Terms of Use | Privacy Policy & Notice | Site by The Property Jungle
Design by Home*