Chauffeur/ Mini Buses, Pte Hire Services For Sale

Business description

South Wirral / Chester Areas

Fleet Of Vehicles

Workshop, Yard, Offices

Well Established Business

Leasehold

Term Negotiable

Contracts

Business History:
This successful family run business was established in 1967. The owners now wish to pursue other business opportunities.

Business Profile:
Private and contract hire with established customer base which includes local authorities and major blue chip companies within the region. The vendor estimates that 70% of the business is chauffeur driving with 25% being private hire mini buses.

Accommodation:-:
This comprises ground floor offices together with a gated yard and workshop.

Reception Areas:
Plus 3.66m x 3.24m (L Shaped) This benefits from laminated timber flooring as well as carpeting and has a shaped reception desk. There is a panelled ceiling with diffused light fittings and two radiators.

Double doors from the reception areas leading to

Office 1:
Measured into recesses. Carpet, modern panelled ceiling with diffused fluorescent light fittings, one radiator.

Open plan to;

Office 2:
Carpet, fluorescent light fittings, one radiator.

Exit door to rear.

Kitchen & W.C.:
Ceramic tiled floor covering, coloured wash basin and drainer in base unit, worktops, wall cupboards, one radiator.
The above measurements include a separate WC which benefits from ceramic tiled flooring and walls and wall mounted wash basin.

Workshop:
Workshop: 14.05m x 5.64m approximately. This benefits from concrete floor and pit together with a flush level ramp and fluorescent light fittings. The entrance is roller shuttered with additional pedestrian access.

Yard Area:
Yard Areas: include a raised garden with tree and a shed. At the time of our visit there were hanging baskets and flowers in tubs.

Ground Floor Office:
The ground floor office fronts are protected by electrically operated roller shutters. There is additional parking to the front of the premises.

Yard & Forecourt Areas:
Yard & Forecourt Areas: total approximately 446.42m².

Outside:
There are double gates to the side of the premises (5.2m gap) leading to enclosed yard areas and a workshop.

Staff:
5 x full time including owner
5 x part time including owner

Fixtures, Fittings & Vehicles:
A full inventory of fixtures & fittings & vehicles will be made available for potential purchasers.

Property information

Property:

Leasehold

Lease terms:

Financial Profile:
The company has accountant prepared figures for the year ended 30th September 2005 showing a turnover of £970,156 and management figures for the 9 month period to 9 June 2006 showing sales of £855,829. The vendors will be pleased to discuss all the financial aspects of the business with interested buyers.

Tenure:
Leasehold. The owner is prepared to negotiate a new lease at £15,000 per annum.
Please note that the vendor may be prepared to sell the land and buildings to a new owner at a price of £750,000. This would also include 4 flats. These are let at £80 per week, each on 6 month assured shorthold tenancy agreements, 3 to employed tenants and 1 DHSS. Jolley & Co have not examined any title or lease documentation and a buyer must arrange for their solicitor to verify this information.

Uniform Business Rates:
Ellesmere Port Council have verbally provided the following information:- Rateable Value: £5,100.00
Rates Payable 2008/9 :£2,356.20.
Council Tax re flats:- All Band 'A'. Payable: £862.26 each.

Price:
£300,000 Goodwill, fixtures & fittings plus SAV.

The Vendors may be prepared to sell the freehold of the property to include four flats, three of which above and office space and one on the ground floor.

Living accommodation:

Accommodation Included.

Location:

Location:
The business is located in a densely populated residential area. Ellesmere Port has large industrial and commercial sites and estates.

Other information

Trading hours:

Opening Hours:
The business operates 24 hours a day 365 days a year.