Garages for sale in Smethwick

View the "EXCEPTIONAL GARAGE SERVICES - West Midlands" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Freehold Price: £350,000 Annual Turnover: £50,000
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Business Description
EXCEPTIONAL GARAGE SERVICES - West Midlands
Situated in the busy town of Smethwick
Advised annual turnover of £50,000
Development opportunity
Genuine reason for sale
FREEHOLD

Business History
Meridian Business Sales are pleased to offer to the market this garage services business which was established in 1980 and has been in the careful hands of our client since 1993. Our client is now offering the business to the market due to their desire to take well deserved retirement. Since our client took over the business he has run it at a pace that suits his lifestyle. This means there is massive scope for a new hands on owner operator to further develop the business. Our client informs us that the annual turnover currently runs at £60,000 with a gross profit of £39,000 which is derived from which is derived from offering vehicle service and repair work coupled with spare parts sales. Our client informs us that the business has not been run to its full potential and is currently just "ticking over". The premises are in need of TLC and so a new owner has the option to develop the business further and continue running the garage or explore the possibility of redeveloping the area into houses or flats subject to necessary planning permission. Our client has informed us that he owns the property next door is available subject to separate negotiation should it be needed for development. We would like to urge very early interest in this development opportunity.
Trading Hours:
Monday to Friday: Hours to suit
Saturday: Morning

Tenure: Freehold

Location Details:
The business is situated in Smethwick which is in the West Midlands. The property is located just off one of the areas main High Streets that links several surrounding residential and business areas. The location is ideal as there is a mass of motorists and public transport users who pass by on a daily basis. The immediate area has a large display of residential housing with a select few commercial style shops and retailers. The business benefits from being situated in a popular residential area and serves a number of local customers who live within close proximity giving the business a consistent trade throughout the year. The location has excellent links to both railways and motorways and it also has very easy access to Birmingham city centre which is less than 5 miles away. Birmingham offers some of Europe's most desirable shopping, dining and entertainment venues. The garage accessed via the A41 and connects to the M5 motorway which links to the M40, M6 and M42 making visiting and commuting very easy.

Listed by: Meridian Business Sales Limited

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