Garages for sale in Shipley

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Excellent Vehicle Repair And Service Business

Shipley, West Yorkshire, England

  • Leasehold Price: £124,950  Price Reduced arrow_drop_down
  • Turnover: £414,320
  • Gross Profit: £116,520
Seller Reference: 14527 J
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: 14527 J
Request Details
Business Description
Business
Hilton Smythe welcomes to the market the busy, successful and long established Baildon Green Autos. This excellent vehicle repair and service business was established by our client 35 years ago; who is now looking to sell, due to retirement.

Baildon Green Autos, repairs and services (including pre MOT) vehicles and also sells used cars on site. In 2017 the garage prepared 580 cars for MOT and sold 68 used cars in this period. These sales have been achieved without media advertising of the cars for sale.

The business already has an excellent reputation and has the benefit of a monopoly in the area. The premise is well fitted out with good quality tooling and equipment.

Although already successful and profitable it will expand further with advertising, marketing and website sales.

Key points:

Consideration could also be given to opening a body shop.

Rent and overheads are low.

The price has been reduced to affect an early sale.

This is a tremendous opportunity for a new owner to buy and develop an established and profitable vehicle repair and service business with genuine massive potential.

Location
Baildon Green Autos is located in 2 separate well fitted and stocked business units in a former mill overlooking Baildon near Shipley in West Yorkshire.

Baildon is 3 miles north of Bradford.

There is generous free parking to the front and on the front road to the units.

The car park is also used for the sale of used cars.

Premises
Baildon Green Autos runs from 2 lock up units.

The spacious main unit is clean and tidy with 3 ramps in the middle, tools, equipment and accessories within.

There is a tyre store up a flight of steps.

Male and female toilet facilities within the unit.

The smaller drive through second unit has a ramp and pit.

The offices, storage area and staff kitchen are to the side.

There is an outside ramp to the front.

Car parking and used car sales are also to the front.

The sale includes office equipment, 5 ramps, tyre machine, compressors, shelving, units and all tools.

Our client values these assets at approximately £10,000.

Tenure
We are advised that both premises are of leasehold tenure, under a 3 monthly tenancy.

The landlord will negotiate a formal lease if required.

The rent is £7,000 and £5,352 per annum respectively for each unit.

Hours
Monday to Friday: 8.30 to 5.30
Saturday: 8.30 to 12.30
Sunday: Closed

Staff
The business is run by the owner with the help of 2 mechanics.

Staff costs are £25,000 per annum.

Financial Profile
We are advised that annual turnover for 2016 was £414,320 with gross profit of 28%.

The unit is presently exempt from the payment of business rates.

Stock is approximately £8,000.

Tenure:
Leasehold
Listed by:
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