Garages for sale in Northampton

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Fantastic Freehold Tyre Centre in Northampton

Northampton, Northamptonshire, England

  • Freehold Price: £265,000  Price Reduced arrow_drop_down
  • Leasehold Price: £155,000  Price Reduced arrow_drop_down
  • Annual Turnover: £221,817
  • Annual Net Profit: £92,455
Seller Reference: 5538
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Business Description
 
 
 
 
 
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Seller Reference: 5538
Request Details
Business Description
Established Since 1989
Annual Turnover £221,817
Strong Net Profits of £92,455
Retirement Sale
Substantial Scope For Growth
EPC - G
REF 5538 – Freehold Tyre & Autocare Centre

Blacks Brokers are proud to bring to the market this freehold tyre and autocare centre located in the much sought after area of Northampton, Northamptonshire.

INTRODUCTION

Whitehills Tyre and Autocare Centre has been trading here on Greenhills Road since 1989. During that impressive trading history, it has firmly established itself within the local community and within this business sector.

LOCATION

Northampton is the county town of Northamptonshire in the East Midlands and is one of the largest towns in the UK. The area of Whitehills is a popular and much sought after residential area, with many businesses and commuters, it is well linked to the A508, A45 and M1. This business is positioned within a densely populated residential area with road side parking available at all times.

REASON FOR SALE

The business is only being offered for sale due to retirement.

LEASE

This business is available as a freehold or leasehold opportunity. If the leasehold option is preferred, the building will be available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease length and terms will be negotiated.

BUILDING LAYOUT AND DESIGN

Whitehills Tyre and Autocare Centre is well branded with clear signage displayed on a newly painted and well-presented business frontage. The business is housed within this large, detached, single storey unit at the end of a row of housing. The unit is approximately 100 square feet in size and comprises of a spacious, professional workshop with high quality equipment and tools in place, an office, store room, toilet and kitchen facilities. All areas are well presented and a full inventory is available on request. To the front of the business is a forecourt with three parking spaces. This property does have some brilliant traits to it, the building is free of business rates, and has very cheap expenses unlike many garages on the market. It comes with full planning permission which would benefit anyone looking at making any changes to the property in order to boost turnover.

STAFF

The business currently employs two full time members of staff.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £221,817 with strong gross profits. Most customers are from the local area as one would expect, with some travelling from further afield due to the exceptional reputation this business has established.

SUMMARY

This proposition offers superb opportunity for a new owner to enjoy the large customer base and excellent reputation already in place. It delivers an impressive turnover year on year with strong and consistent profit yet still offers substantial scope for growth by opening weekends and creating an online presence. This rare opportunity to acquire a freehold tyre and auto care centre within an affluent residential area, makes for an exciting proposition for a new owner. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
2 ramps

Compressor

Tyre remover

Wheel balancer

Fully furnished & computerised office

Roller shutter doors
Trading hours:
MON: 08:30 - 17:30 TUE: 08:30 - 17:30 WED: 08:30 - 17:30 THU: 08:30 - 17:30 FRI: 08:30 - 17:30 SAT: CLOSED SUN: CLOSED
Tenure:
Leasehold, Freehold
Location Details:
Northampton
Downloadable Documents:
Listed by:
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