Price:
Freehold - £375,000
Location:
South Yorkshire
Business Type:
Motor & Transport Businesses for Sale
SUPERB FREEHOLD GARAGE
Probably the largest and the best independent body shop in Sheffield
Bodywork, paint work and vintage/classic car restoration business
Turnover £152,732pa with advised gross profit of £73,225
Well established and highly regarded business
Situated in the Hillsborough area of Sheffield
Early viewing essential to fully appreciate
Well appointed and equipped premises
Freehold 5,000 sqft commercial unit
Scope for further development
Leasehold option available
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb, well established motor repair, servicing, paint, bodywork and specialist vintage and classic car restoration business which has been established by our client for over 21 years and has been trading in its present location for over 10 years. Our client is offering the business to the market due to his desire to take a well deserved retirement. Since the business was founded by our client they have invested time and money in the business and premises to the point that it is in full walk-in condition and presents a perfect turnkey opportunity for any prospective purchaser. Our client advises us of an annual turnover of £152,732 with a gross profit of £73,225. This is derived from the repairs of motor vehicles, servicing, M.O.T preparation work, body and paint work repairs and a specialist vintage and classic car repair service which contributes approximately 30% of turnover. Our client enjoys an enviable reputation both locally and nationally with clients as far a field as the Isle Of Man. Our client has built a reputation for restoring and repairing prestige vehicles such as Ferrari, Bentley, Rolls Royce, TVR and in particular is known as a specialist repairer of Austin Healy’s. The business also enjoys a large base of repeat customers established over a number of years of successful trading with the added bonus of a number of regular contracts. This is a superb opportunity to purchase an established business with great scope to develop further and as such early viewing is highly recommended. The vendor is prepared to negotiate a price for the business and stock and also rent the property with the option to buy at a later date.
This superb well established freehold motor bodies repair and restoration business is located on Limestone Cottage Lane just off Claywheels Lane. It is situated in the Northwest Hillsborough area of Sheffield. The business sits amongst numerous commercial concerns and complimentary businesses and is only a 2 minute drive from the centrally located Sheffield Wednesday Football Club. Sheffield is a city and Metropolitan Borough of South Yorkshire and derives its name from the River Sheaf which runs through the city. It has long been known as the world famous Steel City of the North and is amongst the largest regional English cities. Sheffield is also well known as the venue for the World Snooker Championships and its famous Meadow Hall Shopping Centre brings many people to the city from outside the area. The city also has a well known and popular University. The Hillsborough area of Sheffield is easily accessible from the main M1 motorway network via the main A61.
A 5,000 Sq Ft freehold commercial unit fully secured with steel shutters and monitored by CCTV cameras and fully alarmed with ample lighting, briefly comprising the following:
A large open forecourt with recently applied tarmac and outside L.P.G Pump.
Secure unit entrance with separate forecourt entrance to integral office unit.
Inside access via secure coded keypad to office briefly comprising:
Clocking in machine.
Wall mounted secure key cupboard.
Work station/desk with computer, printer, phone/fax and CCTV monitor.
3 x filing cabinets.
2 x executive leather office chairs.
Full laminate flooring.
Large open plan work unit briefly comprising:
Dalby spray booth and oven for factory finish paintwork with 2 x compressors.
A diesel fired Combat heating system with up to date certified dust extraction system.
1 x storage unit containing 2 x electric polishing machines and 1x small pneumatic air polisher.
1 x large Black Hawk body jig
UK Non-Specific
£ 800,000
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