CHORLEY - Motor Accessories Main Road Location Annual T/o £102,000 Estab

Blacks are delighted to present the rare opportunity to purchase a freehold motor accessories business located in Chorley, Lancashire.

Top Gear Auto Accessories has been operating on Pall Mall since approximately 1966 and the current owners have been involved with the business for 40 years. The business and property are being offered for sale due to the retirement plans which presents a tremendous opportunity for a new owner/team to continue with the business and also look to capitalise on the growth areas which have accumulated. The business serves to retail and trade and sells a wide variety of car parts, service items etc and also cost effectively manufactures brake pipes and number plates on the premises. The current owners are willing to handover the business over a period of approximately a month to aid with the smooth transition of ownership. There is very little competition in the area.

Externally, the building stands prominently on Pall Mall amongst other local businesses and occupies a corner plot and the multi-fronted signage has helped maintain brand awareness in the local area.

Upon entering the building, the sales floor is well stocked with extensive shelving and displays surrounding the sales counter. There is ample storage within the two storey building and 2 store rooms on the ground floor alone. The first floor office and kitchen area has been recently renovated and has a modern feel. This helps to emphasise the potential to convert the first floor into living accommodation either for an owner occupier or to generate additional rental income from a tenant. Currently, there are two further rooms on the first floor which are also used for storage.

Top Gear Auto Accessories has been trading for many years and naturally is well respected in the area. Due to the impending retirement of the owners, the opportunities to expand the business have been determined but action has yet to be taken. The current product lines could be extended with connected products and there is demand to move into new areas. There has been limited advertising and the business would also benefit from a website to widen the customer base. For a more immediate impact, opening hours could be extended as the business operates a 5.5 day week Monday to Saturday. Historically Sunday trade proved very popular.

It is rare that a business comes to market with such a solid reputation and trading history and after 30 years involvement with the business, the current owners have provided a fantastic opportunity for a new owner/owners to continue the business and take on the next level.