Latimer Rd 1,063 SF of Assignment Available in Luton LU1 3XA

This offering presents the opportunity to acquire an established independent automotive servicing and repair business in Luton, Bedfordshire. The company has been trading for 23 years and has operated from its current industrial unit for the past 8 years, developing an established customer base and trading history. The business provides vehicle servicing, mechanical repairs, MOT-related work, air conditioning services, and vehicle re-mapping. The sale is structured as a going concern and includes the assignment of the existing lease. The premises comprise a mid-terrace industrial unit with workshop space, mezzanine office and storage accommodation, customer reception facilities, and vehicle servicing equipment including 2-post and 4-post lifts. The property benefits from 3-phase power, mains services, CCTV, and an alarm system. The business is offered at a guide price of £70,000 plus stock at valuation. Approximately two years remain on the current lease at a rent of £17,500 per annum, with the landlord indicating a willingness to extend the lease for a further 10 years, subject to terms. The sale includes key operational equipment, the company name, and domain name, and the seller is willing to assist with a transition period to support a smooth handover. Overall, this represents an opportunity to acquire a fully operational automotive service business with an established presence, existing infrastructure, and continuity of occupation.