Vehicle Repair Business in Hook Norton Oxfordshire
Price:
Leasehold - £74,950
Location:
Oxon , Hook Norton
Business Type:
Motor & Transport Businesses for Sale
Preferred Commercial is delighted to offer for sale this busy vehicle repair and servicing business, which was established in 1975 and which has been in our client's careful hands since 2003. The garage is only now offered to the market due to our client's wish for a change of career. The business is run at a pace to suit our client and trades 5 days a week, generating a turnover in the region of £65,000 per annum with a gross profit of 50%. The garage offers general vehicle repairs, servicing, tyre sales and MoT testing, which is currently outsourced. We feel the turnover could be further increased by extending the opening hours and embarking on a modest marketing campaign, such as a website advertising the business and services provided. The business has a loyal customer base, enjoying much repeat trade and word of mouth recommendations. The premises are well-equipped to suit the trade and boast a large workshop with a wealth of equipment and space for a second bay, subject to planning permission. We feel 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.
Hook Norton Garage occupies substantial lock-up industrial premises, ideally located in a rural position close to the village of Hook Norton, Oxfordshire. The premises benefit from ample off-road parking and are surrounded by picturesque countryside. The village centre is a short drive away and possesses a range of complementary shops, businesses and amenities. The business has an ideal trading position on a busy country road with a number of nearby villages and towns. Hook Norton is an affluent and sought after village, which is popular with commuters due to excellent road links across the region. Banbury lies 6 miles away, while Oxford lies approximately 22 miles to the south.
Rolling lease
Rent: £365 per month
Mon - Fri: 8:30am to 5:30pm
Sat - Sun: Closed
Substantial industrial lock-up industrial premises with parking facilities. Briefly comprising:
Ground Floor
• Open-plan workshop with 2-post ramp, tyre fitting and balancing equipment, 20 ton press, bench grinder, welder and compressor, engine hoist, trolley and jacks
• Kitchenette
• WC with wash hand basin
• Mezzanine with office
External
• Shared forecourt parking facilities
North Yorkshire
£ 750,000
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