Garages for sale in Accrington

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 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Freehold Price: £479,950 Price Reduced Leasehold Price: £129,950 Price Reduced Annual Turnover: £190,000
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Business Description
Annual Turnover £190,000
Tenanted 1 Bed Flat with £5,400 Rental Income
6 Month Handover Period Offered
Conducts Class 4,5 & 7 MOT's
Retirement Sale
Closed Sundays
Plenty of Customer Parking
EPC - G
The business is situated in Accrington, Lancashire, in the North West of England. It is located 5 minutes from the M65 and situated on the edge of a large town with other large towns very nearby. There are 2 train stations nearby and it is off a main road where there are regular bus routes. If however, the customer wishes to stay with their vehicle whilst it is being repaired, there is a waiting room.

Blacks Brokers are delighted to offer to the market this superb garage which has been long established and in the hands of our client since 2005. The owners are reluctantly offering the business to the market due to their desire to take well deserved retirement.

Since the business was established they have expanded from just MOTs to MOT's, Repairs and Full Garage Services and now run the business at a pace that suits, meaning that there is huge scope for the new owner to further develop the business. Our clients advise us that annual turnover currently runs at £190,000 with good profit margins.

This is a large commercial unit which houses 5 ramps. Our clients have advised that at maximum capacity, (ie. close of business) the unit can hold 17 cars. There are ample places to park the cars during the day with the building having 2 car parks on either side. One is used for staff cars and the other for customer cars. There is also a separate unit with its own gated driveway. The current owner has suggested that they would be interested in renting this back from the new owner, paying around £200 per calendar month if that would be an interesting proposition.

Included in the freehold sale is a 1 bedroom apartment situated above the office and reception. It has one double bedroom, large living space, fully equipped matching/coordinated kitchen and a large family bathroom. It is currently being let out and is drawing a valuable income of £5,400 per annum but could also be made available to a purchaser. This could be continued to be let out or if required, become living space for the new owner.

The current owner has confirmed that he is willing to stay on for a period of 6 months, at no cost to the buyer, after the purchase has been completed to ensure an efficient and smooth transition period. The business has always enjoyed excellent levels of repeat trade and is very well known for quality of service. The business also sees a healthy amount of new clients derived from good word of mouth recommendations and from the highly visible trading location situated on a busy main road.

This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. Fixtures:
5 Ramps inc MOT lane

Tyrebay area

50 Tonne Press

Oil Heater

Underfloor Oil Storage tanker-2000ltrs

3 phase Compressor

All Office equipment & CCTV System

3-Phase Winch for engine removal/tipper bed support

Twin axle Car Transporter

2 Electric Shutter Doors

3 Safes; One daily safe, One under the floor and One within the wall.
Trading Hours:
Monday-Friday 9:00am- 5:30pm
Saturday Appointment only
Closed Sundays

Tenure: Freehold, Leasehold

Accommodation Details:
Large Commercial Unit, Offices, Staff Room.
The property also has a separate unit with a driveway for 2 cars which then vendor will occupy following the sale for a maximum of 10 years rent free . Self contained flat consisting of a double bedroom, lounge area, fully-fitted/equipped matching/coordinated kitchen and a large family bathroom.

Location Details: Accrington

Leasehold Term: Rent: £500 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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