Busy Vehicle Repair Business In Stoke Staffordshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this busy vehicle repair business, which was established by our client in 1991 and which is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £50,000 per annum with a gross profit of 40%. Juda Motors offers a wide range of services, including vehicle repairs and tyre bay. We feel that the turnover could be further increased by introducing MoT testing, as we believe there is demand. There is also the potential to employ staff to fully utilise the workshop. The business has a loyal customer base and receives much repeat trade and word of mouth recommendations. The premises are well-equipped to suit the trade with 2 spacious workshops and a tyre bay. This is an ideal opportunity to acquire an already busy garage with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining: 4 years
Review: every 5 years
Rent: £6,500 per annum

Leasehold rent:

£6,500 per annum

Location:

Juda Motors occupies ground floor lock-up premises, ideally located on the outskirts of Stoke-on-Trent city centre, in Staffordshire. The business benefits from ample private parking and is surrounded by numerous residential properties, from which it draws much trade. The premises boast a prominent trading position just off the busy A5006, leading into the city centre, and enjoys much passing trade. There are a number of bus stops close by and the railway station is within easy walking distance. The city centre is only a mile away and is home to a wealth of complementary shops and businesses. Stoke-on-Trent is a vibrant city, famous for being the home of the pottery industry. The business boasts easy access to the A-road network and the M6 is 6 miles away. Stafford lies 18 miles to the south, while Wolverhampton is approximately 36 miles away.

Premises details:

Substantial ground floor lock-up garage premises with private parking. Briefly comprising:

Ground Floor
• Main workshop with 3½ ton ramp and double roller shutter doors
• Office
• Tyre bay with balancing equipment
• Back workshop with roller shutter door
• 2 x store rooms

External
• Secure parking for up to 20 vehicles
• WC with wash hand basin

Business Operation

Trading hours:

Mon - Sat: 9:00am to 4:00pm
Sun: Closed