Garages for sale in Pontypool

View the "Fleet Spray Pontypool Wales NP4 7QA." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 It's a great way to advertise your business to people that are serious buyers...highly recommended. 

Y. MacGregor (Nov 2017)
View More
Asking price: £295,000 Turnover: £80,000
Request Details
Business Description
Business
Hilton Smythe welcomes to the market this very well-established MOT, repair and servicing specialist, being sold either leasehold or freehold. The business offers an ideal location, with 2 large detached buildings and a spacious site approaching approximately half acre in size, with much scope for further expansion and improvement.

The largest building is set up as the MOT bay offering class 4 & 7 MOT’s, together with a commercial size inspection pit for larger vehicles. The second building covers the servicing and repairs. There is also a good sized front yard which could easily be used for car sales and more.

The business is presently run on short hours and only opens 4.5 days a week, however with longer opening hours, more advertising, a website and perhaps car sales, the site offers tremendous potential for expansion and taking the business to the next level. There is also plenty of space to develop the site further if required.

An internal inspection is highly recommended to appreciate the space and real potential on offer.

Location
Fleet spray is situated on a busy road around 3.5 miles from the centre of Pontypool.

Pontypool is a town that is home to approximately 36,000 people in the county borough of Torfaen, within the historic boundaries of Monmouthshire in South Wales. It is situated on the Afon Lwyd river in the county borough of Torfaen. Situated on the eastern edge of the South Wales coalfields.

Easy access can be gained to surrounding areas with Abergavenny to the North and Newport to the South.

The business itself has been run by the current owner for the last 7/8 years and is well known in the area. The owner is now looking towards a well-earned retirement.

Premises
The premises are set within 2 large buildings covering approx. 198 sqm, offering plenty of space for further development and expansion if required. It also occupies an area with plenty of space surrounding having good sized yard/storage area to both the front and rear, with the whole site occupying an area approaching half an acre.

Overall, we have a large MOT workshop accessed via full height roller shutter doors, with ATL MOT system and Snap on equipment, large rear store, second workshop with full height double barn doors, for service and repairs, having a further store to the rear and paint spray bay (not used for a few years), separate detached office cabin with reception area and WC, large yard to the front side and rear.

There is a range of equipment included as follows, ATL MOT system for class 4 & 7 with snap on equipment, tyre balancer and changer, 3 x ramps, compressor, tyre racking, shelving and much more.

A site inspection is highly recommended to appreciate the possibilities and potential on offer.

Tenure
We are advised that the business is being sold as a leasehold opportunity with a lease to be agreed. The rent payable will be £13,000 per annum.

The owner would also sell the business freehold for £295,000.

Hours
Monday 10:00a.m. to 5:00 p.m.
Tuesday 10:00 a.m. to 5:00 p.m.
Wednesday 10:00 a.m. to 5:00 p.m.
Thursday 10:00 a.m. to 5:00 p.m.
Friday Closed
Saturday 10:00 a.m. to 2:00 p.m.
Sunday Closed

Staff
The business is currently run by the owner and 2 other members of staff.

Financial Profile
We understand from the owner that the business turned over in the region of £80,000 last year. However, he only runs it on short hours to keep it under the VAT threshold. There is much more potential with full hours.

According to the VOA website the current rateable value is £5,000, however the business benefits from small business rate relief so has nothing to pay.

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
B04162
Seller Reference:
You May Also Like...
loading... 
Welcome to Daltons business. This website uses cookies. Read our Privacy Policy here