Listing Tools

Quality Cars Dealership Business For Sale - Owner Retiring -- The lease has renewal options out to 9/30/2011. The lease is currently $1,700 per month with 2% escalators. The cost of property taxes and insurance are split between the Landlord and tenant. There is an adjacent lot to the immediate south which also goes with this property. -- I have a copy of the lease for review. The main deal point here beyond the business and equipment is the very low-cost lease locked in for 10 years. This is a tremendous bargain relative to similar auto-service dealership leases on this highway. -- The property being sold is the business opportunity for the used car sales business known as “Quality Cars” located at 520 North Salisbury Boulevard, Salisbury, Maryland. The sale includes the existing business, transferable licenses and certifications, and all business equipment, including service tools and diagnostic equipment associated with the business. The sale also includes the assignment or transfer of the existing leasehold interest, including renewal options, to the Buyer. The leasehold interest is for the property identified in the tax records as Tax ID accounts 05-003024 and 05-009839. The property defined in the leasehold interest consists of a 10,458 sq ft parcel, an adjacent 2,375 sq ft parcel, and a building approximately 1,296 sq ft in size. Property Zoning is City of Salisbury C-1 Commercial.

Property Details of 510 Salisbury Boulevard N

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Map Location

Driving Directions

Listed by Chris Peek of SVN |Miller Commercial Real Estate

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which PCS Home Team of KW participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 25, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: