Property description
Engine Remanufacturing and Refurbishing Business For Sale, Northern Rebore Services are one of the North's leading specialists in the re-manufacturing of engines and engine components. The business was established in 1976 and now comes to the market due to retirement. Price £50,000 Leasehold.
Location
The business is located on Elswick Road close to Westgate Road in the west end of Newcastle upon Tyne. The property is therefore close to the City Centre as well as the West Road commercial district. The A1(M) is less than 3 miles away. There is off street parking for 3-4 vehicles.
The Property
The business occupies the ground floor of a two storey premises. There is pedestrian access to the front of the property with vehicular access and further pedestrian access to a sales counter into the property at the rear.
The Business
Northern Rebore is a very well established business having been in existence since 1976. The owners Retirement requires that this business is now placed on the open market.In essence, the business is a re-manufacturer and refurbisher of vehicle engines and engine components including crankshafts, cylinder heads and gearboxes. Northern rebore are also white metalling specialists.A full inventory of plant and machinery will be available upon request however the business is fully equipped for grinding, reboring, refacing and white metalling as necessary.The business also has a vehicle bay and can offer certain garage services such as Engine Fitting, Timing Belt Replacements, Pre-MOT Work and servicing.Having gained an excellent local reputation Northern Rebore enjoys business from many local motor trade businesses such as main dealers and garages as well as vintage vehicle owners.
Financial Information
This will be made available upon request and only to serious purchasers upon or after viewing. Full accounts are available and show a very healthy status.
Rateable Value
The 2010 rateable value as shown on www.voa.gov.uk is £3,000 . The current multiplier is 43.3p in each £. Check with the local authority to see if there are any discounts or reliefs available to you.
Viewings
All viewings by prior arrangement with Roberts Commercial @ Secret Key. On no account attempt to view without an appointment. Call 0191 280 3285
Commercial Finance
We understand that the world of commercial funding and finance is often difficult to navigate. Speak to us about how we can assist you in getting finance to fund your purchase. We deal with high street and specialist lenders to secure the best deal for you and you don't even have to be purchasing from us.
Property Features :
- Established since 1976
- Genuine Retirement Sale
- Well Regarded in the Motor Industry
- Engine & Component Re-Manufacturing
- Based in Newcastle upon Tyne