Garages for sale in Leeds

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £345,000
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Business Description
Long established and highly reputed business
Early viewing essential to fully appreciate
Advised annual turnover of £190,000
Situated in the bustling city of Leeds
Scope for further development
Genuine reason for sale
Two garage units

Business History

Meridian Business Sales are delighted to offer for sale this superb garage services business which was established by our clients in 1972. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £190,000 which is derived from offering professional garage service and repairs to a wide range of vehicles, the business also used to do body/spray work this could easily be reintroduced if desired. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Trading Hours:

Monday: 9:00am - 6:00pm Tuesday: 9:00am - 6:00pm Wednesday: 9:00am - 6:00pm Thursday: 9:00am - 6:00pm Friday: 9:00am - 6:00pm Saturday: Closed Sunday: Closed

Tenure: Leasehold

Accommodation Details:

Two separate garage units, briefly comprising: GARAGE 1 Secure entrance leading to: Open plan workshop 3x 2 post ramps Diagnostics equipment Compressor Gearbox hoists Engine lifts Welding equipment Air-conditioning system Tool storage 2x offices GARAGE 2 Secure entrance leading to: Open plan area currently used for storage EXTERNAL parking for approximately 20 vehicles

Location Details:

The business is situated in the busy city of Leeds, West Yorkshire. The garage benefits from having a mass of passing trade on a daily basis due to its situation in a very high footfall area. The businesses location is within a densely populated residential area which generates a lot of regular custom. The business benefits massively from the endless amounts of visitors to the city which provides a consistent trading pattern throughout the year. Leeds is a hugely popular business and residential area due to its excellent central shopping, fine housing, good schools, colleges, universities and NHS facilities. Leeds also benefits from being very easily accessed via the M621 which is situated less than 2 miles away from the business and links to the M1 making visiting and commuting very easy.

Leasehold Term:

Leasehold Original length: 99 years Remaining: 58 years Review: 2015

Listed by: Meridian Business Sales Limited
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