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Popular Garage Services Business in Staffordshire

Price:
Leasehold - £34,950
Turnover:
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Seller Ref:
2209
Location:

Staffordshire , Fenton

Business Type:

Commercial Property, Motor & Transport Businesses for Sale

See Other:
Motor related property for sale in Staffordshire
Garages for sale in Staffordshire
Commercial property for sale in Staffordshire
Motor & transport businesses for sale for sale in Staffordshire
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular garage services business, which was established by our client in 2002 and which is only now being placed on the market due to our client's wish to retire. The business is run at a pace to suit our client and operates 5 days a week generating a turnover in the region of £60,000 per annum with a gross profit of 50%, derived from general servicing, repairs and pre-MoT checks. A new owner could increase turnover by applying to carry out MoT testing and to utilise the body shop and equipment, which is currently sub-let on an informal basis, generating extra income of £7,200 per annum. There is scope to extend the opening hours and to operate on Saturdays. A new owner could, if desired, introduce tyre fitting and other complementary services. We feel this is an ideal opportunity to acquire a well-established garage services business, situated in versatile premises and which has immense scope for future growth. Early viewing must come highly recommended.
Location Details:
Park Lane Vehicle Repairs occupies a spacious purpose built industrial unit with a large secure compound to the side. The garage is situated on a popular industrial estate and is surrounded by complementary businesses. The estate lies off the busy A5007 Fenton to Longton road, approximately 2.5 miles south of Stoke-on-Trent. There is easy road access with junction 15 of the M6 motorway approximately 4 miles away.
Lease Terms:
Original length:3 years Remaining: 3 years Review:every 3 years Rent:£7,300 per annum
Trading Hours:
Mon - Fri: 9.00am - 6.00pm Sat - Sun: Closed
Accommodation:
Purpose built brick unit with concrete flooring and steel roof, with roller shuttered access. Briefly comprising: Ground Floor • Office and reception area with reception desk and customer waiting area • Kitchenette • WC • Workshop with 2-post ramp, suspended strip lighting, 2 x trolley jacks, engine hoist, 1 x 4-post ramp, body dozer, compressor and racking and shelving to suit • Storeroom • Body shop with good sized preparation area, paint mixing room and spray booth with extraction system, large forecourt for approximately 6 vehicles with gated access External • Compound for approximately 10 vehicles with steel palisade fencing and gate Vehicle • 1996 Mercedes Sprinter flat-bed
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Business Documents:
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