Osmaston Road, Leicester

LOCATION
Located in a highly densely populated area and off Evington Road and East Park road, Leicester.

DESCRIPTION
LEASEHOLD BUSINESS ONLY -
The freehold is NOT for sale.

A rare opportunity to acquire a thriving car body repairs business, trading successfully since 1983. This is a well-known and respected operation, providing comprehensive car body repair and respray services, including work on high-end luxury vehicles.

The business benefits from an extensive and loyal customer base, with consistent trading performance and an excellent local reputation supported by numerous 5-star Google reviews. The business has been built purely on referrals and repeat clients, reflecting the owner´s high service standards and professional results.

The current owner is now seeking to sell due to other business interests, making this an ideal acquisition for an experienced operator or someone entering the automotive body repair sector.

Comprising a single-storey workshop unit extending to approximately 3,607 sq. ft, the property features four roller shutter access doors directly from the main road, providing superb access and operational flow.

Constructed beneath pitched steel sheet roofing with integrated roof lights, the space benefits from natural light. To the rear of the unit is a fully operational spray booth, with appropriate ventilation.

Established Since 1983 - Longstanding and reputable
Fully Operational Spray Booth - Fully ventilated & compliant
4 Road-Facing Access Points - Excellent functionality
Located in a High-Density Mixed Area - Residential & Commercial
Strong Repeat Business - Built on reputation and referrals
Excellent Google Reviews - 5-star rated service
Guide Price for Business Goodwill, Fixtures, and Fittings: £80,000
Leasehold - Rent: £36,000 p.a. FRI Terms

ACCOMMODATION
Bay 1 - 708 sq. ft

Bay 2 - 1,705 sq. ft

Bay 3 - 1,194 sq. ft (Bay 3 includes a spray booth to the rear)

Total area approx. 3,607 sq. ft

TERMS
Tenure: LEASEHOLD ONLY - THE FREEHOLD IS NOT FOR SALE.

Premium: We are instructed to offer this going concern business for £80,000 including fixtures and fittings.
Lease: The property is available by way of a full repair and insuring lease at an initial passing rent of £36,000 pa.

All interested parties will be asked for proof of funds in the initial stages of the process to ensure affordability. All parties must supply relevant documents to satisfy AML checks.

LEGAL COSTS
Legal Costs and admin fees payable: Incoming tenant responsible for all legal costs.

SERVICE CHARGE
Insurance: The tenant will be liable to pay the building insurance premium in full for the year and payable in advance.

OTHER
Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct, but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.
Neither Reign nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property, and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.

VIEWING
All enquiries are to be made in strict confidence through the sole selling agents and prior appointment only. Proof of funding will be required to access detailed company accounts and arrange viewings.