Car Dealerships for sale in Tetbury

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Specialist Car Dealership

Tetbury, Gloucestershire, England

  • Leasehold Price: £199,999
  • Turnover: £1,565,011
  • Gross Profit: £61,035
Seller Reference: B05371
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05371
Request Details
Business Description
Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Cotswold Motorsport Limited which is a well-established, independent vehicle specialist with a renowned reputation nationally. This is a superb opportunity to take on a high turnover local business which still offers considerable potential.

Cotswold Motorsport Limited was founded by the current owners in 2014 and the business has been a real labour of love for them, flourishing under their ownership. Alas the business is now being sold, albeit reluctantly and with heavy hearts only due to ill health. The vendors are keen to see their beloved sports, classic and performance car establishment pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Cotswold Motorsport Limited is an independent vehicle specialist with over 20 years’ experience of purchasing and supplying specialist vehicles. The business hand selects all their vehicles allowing them to offer their clients the very highest standards of service and customer care with specific detail to requirements.

The business believes that for their customers, buying a new car should be an enjoyable experience. They are keen to ensure that their customers are buying with the confidence of knowing that the preparation has been carried out correctly and to a high standard.

Cotswold Motorsport Limited offers a buying service for domestic and trade customers. The company buyer has a vast knowledge of the sports and prestige market along with access to important technical information that is necessary when buying cars of this type. Additionally, the business has access to trade supply from main dealer part exchanges and a few reputable dealers that they work with.

The business carries out all the necessary homework on the cars that they arrange for their customers to view, from service history checks to insurance claims and accident damage, even when not category registered.

They carry out the correct inspections and investigative work to find out when the vehicle may have visited a paint works, along with approvals from the maintenance record. They can find and list any general wear or future maintenance that will need to be carried out within the first 10,000 miles of motoring, along with any defects that would need addressing prior to the purchase of the sourced vehicle.

Cotswold Motorsport Limited retails and sources a range of high-end cars including;


  • Performance Cars

  • Classic Cars

  • Land Rover

  • Luxury 4x4

  • Sports & Convertibles

  • Super Sports.

  • Camper Vans


 

 

 

 

Other services include;


  • The sale of customers cars

  • Free Collection and Delivery

  • Transportation Services

  • Servicing and Repairs

  • PCP Finance

  • Classic Car Finance

  • Source & Supply


The sale will include a quality company website (cotswoldmotorsport.com) and Facebook, Twitter and Instagram pages and the business enjoys great visibility on the internet via websites such as www.cargurus.co.uk, www.pistonheads.com, www.yell.com, www.carandclassic.co.uk, etc

Scope to improve


  • Advertising and marketing campaign

  • Perhaps specialise in certain marques such as Ferrrari and Porsche.

  • Attend shows and exhibitions

  • Focus on Classic Cars which is a burgeoning market currently

  • Review current financing plans and seek an alternative provider


Reasons to Buy


  • A well-established business with an enviable reputation and many existing customers

  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit

  • Current owner would be happy to offer a handover to ensure the continued success of the business

  • Sale will include website and all social media platforms

  • Offers a lucky new owner the opportunity to work in the beautiful Gloucestershire countryside

  • Ideal “bolt on” to a similar type business.Hilton Smythe highly advise early viewing to avoid disappointment.


This extraordinary business is likely to attract considerable interest. Only by meeting with the vendors can it be appreciated what an opportunity it presents.

Location
Cotswold Motorsport Limited is in Long Newnton near Tetbury.

Long Newnton is a small village and civil parish in Gloucestershire, situated on the main road between Malmesbury and Tetbury. It is near the south west end of the Cotswolds.

Tetbury is a small, upmarket town and is renowned for its antique and bric a brac shops. Homes & Antiques magazine named Long Street one of the UK’s top 10 favourite streets for shopping in December 2018. The town centre also has several independent specialist food and clothing shops, banks, charity shops, estate agents and other shops including lifestyle clothing brand Overider and the Prince of Wales “Highgrove Shop”.

Tetbury has bus services which serve local towns. Tetbury is on the A433, with easy access to the M4 and M5 motorways. The A4135 originates in Tetbury and proceeds westerly through Beverston.

Cotswold Motorsport Limited is situated deep in the Gloucestershire countryside and is beautifully presented and fastidiously maintained. The business is discretely signed and there is a wealth of free parking immediately outside the premises.

Premises
Cotswold Motorsport Limited is situated in two separate buildings on a working farm, the business is beautifully presented with a real upmarket and high end feel and briefly comprises;

The Barn

Office

Lovely bright office with glazed door and windows to front creating a light, airy and inviting interior, high ceiling with roof light, access to roof space, space for desks, filing cabinets, perimeter shelving and customer consultation area,

Kitchenette

With a range of modern base units and complimentary worktop, tiled floors, stainless steel sink and drainer with Monobloc tap, space for fridge, kettle, microwave etc

WC

With close coupled toilet and pedestal hand wash basin.

Showroom

An impressive showroom, generously proportioned with high ceilings and polished concrete floor, feature exposed timber beams and period detailing, dual aspect with panoramic windows to side and front, roller door to side.

The Old Corn Store

Generous further showroom with pitched ceilings, freestanding shelving unit, roller door to front, new lighting and space for approximately ten vehicles.

Wash / Valet Bay

Newly constructed valeting bay, fluorescent lighting, roof lights and water supply.

The premises are secured by a state-of-the-art CCTV system and monitored alarm system.

Tenure
We are advised that Cotswold Motorsport Limited is being sold as a leasehold business opportunity.

The premises comprise of two separate buildings each with its own lease.

The Barn has approximately 3 years remaining on the current lease. The annual rent is £15,300.

The Old Corn store has just had a new 3-year lease agreed and the annual rent is £7000.

We are advised that the landlord would be happy to negotiate mutually acceptable leases with a new owner and further premises may be available if required.

We are advised that the business currently is exempt from paying business rates.

Hours
Monday to Friday 8.30am to 5.30pm
Saturday 10.00am -4.00pm
Sunday By Appointment.


Staff
The business is run and managed by our clients (2) with the help of a part time member of staff and casuals as required.

Financial Profile
Cotswold Motorsport Limited generates an advised turnover of circa £1,400,000 as per the 2018 accounts and has enjoyed higher turnover previously ( £1,700,000 in 2017 for example )

It needs to be appreciated that the business is currently being run at a pace to suit due to some health issues.

Tenure:
Leasehold
Listed by:
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