10-12 Rutland Street
Leicester
Leicestershire
LE1 1RD
Soar Road, Quorn, Loughborough
£175,000
Business as Going Concern
This is an excellent opportunity to acquire a successful, long-established business which is available to purchase for the first time. It is well-situated in Quorn in Leicestershire but the business is easily relocatable. The business specialises in the sale of performance engine components serving an international market.
LOCATION
The property is situated in Quorn, an affluent village located alongside the A6 Loughborough to Leicester road and within easy reach of the M1 motorway and East Midlands Airport.
DESCRIPTION
QED Motorsport Ltd. is a longstanding supplier and manufacturer of outstanding performance engine components for amateur and professional motorsport enthusiasts. The business was established in Quorn nearly 50 years ago and the current owner has been involved for approximately 35 years. Further information can be found on the Company website at qedmotorsport.co.uk.
Turnover in the most recent accounts was approximately £670,000. Copies of the accounts are available to interested parties
The business is easily relocatable.
FLOOR AREAS
The unit has a gross internal floor area of 200.1 sq. m. (2,152 sq. ft.)
TENANCY
The business is relocatable but a new lease is available on terms to be agreed.
PRICE
£250,000 for the business plus stock at valuation
RENT
Currently £1,200 per calendar month
RATEABLE VALUE
The current premises have a Rateable Value of £8,000. A qualifying occupier will receive small business rates relief with no rates payable.
ENERGY PERFORMANCE CERTIFICATE
Rating F(136).
COSTS
Each party will be responsible for their own costs incurred in respect of the transaction.
FURTHER ENQUIRIES
To arrange a viewing or request further information, please contact Kevin Skipworth on 07860 550282. Altenatively, email kevskipworth@gmail.com
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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