Annual T/O Approx £114,000
Operating With 3 Lifts & MOT Bay
Tremendous Scope to Increase Sales
Offered With New Lease From Vendor
EPC - E
Park Garage is an established class 4 & 7 MOT testing station and workshop on the outskirts of Sheffield's prosperous City Centre. The business started trading some 20 years ago and has been with the current owner since trading started.
Over the last 3 decades Park garage has developed a robust reputation for quality workmanship in the Sheffield area. Since 2014 the current owner has decided to reduce the man-hours committed to the business and to address his life-work balance. The results of this can be seen in the accounts ending 2013 and accounts ending 2014. Accounts from 2013 show a turnover of over £150,000 for the year ending, whilst 2014 show a turnover for the year ending of £114,000. This is through nothing other than the current owners volition and desire to enjoy his leisure time.
New owners with renewed enthusiasm and perhaps fresh ideas will undoubtedly see sales rise dramatically and immediately. This can be achieved through nothing more than extending opening hours beyond 16:30 hours week days and perhaps working weekends, as currently the business stays closed all weekend.
The business operates with 3 ramps and an MOT testing station, therefore providing the ability for a new owner to take on new staff should they feel that be required and the workstations be available for them.
Another point for consideration for new owners is that a new lease will be granted to new owners from the current owner. The length of the lease is negotiable and a 15 year lease would be granted to the right owner.
This therefore adds up to a tremendous proposition to an enthusiastic new owner who will undoubtedly see the potential to invest hours and increase, what are already impressive profits, almost immediately.
Furthermore this business is presented to the market at an aggressive price and will surely attract immediate attention. We are also told that the Freehold would be available. Price to be given on application.Fixtures:
3 two strut lift
1 four strut lift
MON: 09:00 - 16:30
TUE: 09:00 - 16:30
WED: 09:00 - 16:30
THU: 09:00 - 16:30
FRI: 09:00 - 16:30
Open plan workshop area
Office area and reception
Location Details: Sheffield
Leasehold Term: Rent: £370 Per Week
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