Business description
Preferred Commercial is pleased to offer for sale this popular garage services business, which was established by our client in 2000 and which is only now being placed on the market to enable our client to concentrate on his other business interests. Old Town Tyres operates 6 days a week and generates a turnover in the region of £250,000 per annum with a gross profit of 30% derived from the sale, repair and fitting of tyres, mechanical and structural vehicle repairs and spray painting. The business is well equipped to suit the trade, with all necessary equipment and a dedicated spray booth. We feel that a new owner could increase turnover by perhaps, embarking on a modest advertising campaign, offering mobile tyre services and by introducing a web site to promote the business. We feel this is an ideal opportunity to acquire a well-established and respected garage services business with immense scope for future growth. Early viewing, arranged through Preferred Commercial, must come highly recommended.
Property information
- Property:
- Leasehold
- Lease terms:
- Leasehold
Rolling lease
Review: every 3 years
Rent: £18,000 per annum including maintenance
- Leasehold rent:
- £18,000 per annum
- Location:
- Old Town Tyres is ideally located on a busy industrial estate, surrounded by complementary businesses, including an MoT station, classic car restorers and a car showroom. The industrial estate lies just off Eastbourne Road, which gives access to the town of Westham, less than half a mile away. There is a railway station within easy walking distance and the coastal resort of Pevensey Bay is less than 2 miles away. The A27 lies approximately 1 mile away giving access to Bexhill and Hastings to the east, while Eastbourne lies approximately 4 miles to the south.
- Premises details:
- Well located industrial unit with glass fronted reception area and ample car parking. Briefly comprising:
Ground Floor
• Main workshop area with 2-post lift, 4-post lift, short lift area, wheel balancer, tyre changing equipment, high roller shutter doors suitable for Class 7
• Spray booth with extraction system
• Office with counter and cash register, coffee vending machine, desks and chairs
• WC with wash basin
• Kitchenette with a range of base units, sink and refrigerator
Mezzanine Level
• Storage area with racking for tyres
• Small storeroom
External
• Concrete forecourt to front with space for approximately 20 vehicles
Business Operation
- Trading hours:
- Mon - Fri: 8.30am - 5.30pm
Sat: 8.30am - 12.30pm
Sun: Closed