Freehold Garage Established 50 Years For Sale

Business description

Advent Business Sales are pleased to offer to the market this very well established garage, which originated 50 years ago.

The number of regular customers it has and their return rate can measure its success, over the years.

The present owner has had the business for the last 23 profitable years, but is now forced, by serious illness, to retire.

Because of this fact, he has, in recent years been cutting down on the business opening hours and farming out some of the work received.

The garage is primarily a mechanical service centre with full MOT facilities, as well as tyre and exhaust supply and fit. To this end, it has two distinct car bays.

Its customer base is both local and to a 10 mile radius of site.

We are advised that stock at cost is approximately £5,000.

We strongly recommend that this freehold garage is viewed at the earliest opportunity. It would suit a partnership of two younger, keen, intelligent mechanics possibly from dealerships who feel ready to be their own boss.
REF: 8961S

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £4,000

Living accommodation:

Ground Floor • Bay One; • This is primarily used for tyre and exhaust fitting. It has a hydraulic ramp, compressor, wheel balancer and tyre fitting machine. The bay is spacious and more than 3 cars could be attended to the any one time • Bay Two: • This is for mechanical work and MOT testing and is fully fitted out with two hydraulic ramps and one pit. A rolling road break tester, gas analyser and all relevant MOT testing equipment • Between the two bays is a small kitchen and also w/c • Reception desk and also a small office External • Paved to the roadway with correctly dropped curbs to the two bays. There is also a parking area to the far end for cars to be worked on and completed

Location:

Our client’s business is conveniently sited in a North Derbyshire town, just off the centre and at a corner junction, allowing easy parking access for his customers.

The busy town has two large industrial estates and a trading estate.

Other information

Expansion potential:

This is by virtue of the present opening hour’s fantastic, extension up to 8.30am – 6pm on Monday to Friday closing times would generate much higher turnover.

There is always a demand for Saturday morning openings.

Specialising in electronic tuning would be a must but is a very lucrative avenue to higher turnover.

Trading hours:

Mon-Sat: 9am – 1pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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