Garages for sale in Preston

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WELL ESTABLISHED TYRE FITTING, MOT & CARE REPAIRS GARAGE - LANCASHIRE

Preston, Lancashire, England

  • Freehold Price: £495,000  Price Reduced arrow_drop_down
Seller Reference: 3740
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 3740
Request Details
Business Description
WELL ESTABLISHED TYRE FITTING, MOT & CARE REPAIRS GARAGE - LANCASHIRE
Early viewing essential to fully appreciate
Advised annual turnover of £200,000
Scope for further development
Ideal partnership opportunity
Situated in the city of Preston
Genuine reason for sale
Superb trading location
FREEHOLD
Location
The business is located just off the main A5085 that runs between Preston and Blackpool. It is surrounded by high density housing and numerous complimentary commercial concerns providing superb opportunities for passing trade. The business is located just outside Preston city centre close to the University of Preston with high numbers of student accommodation in the area. Situated on the North Bank of the River Ribble Preston is a city in north west England which gained it's city status in 2002, it is famous for being a boom town in the industrial revolution. Now the city is a centre for educational excellence with its popular university and increasingly popular commercial base, the city is also well known for it's football team Preston North End and as the former home of the national football museum. Preston is reached easily via the A6 and has superb rail links; the M6 motorway provides access to the UK's wider motorway network.
Business History
Meridian Business Sales are delighted to offer for sale this superb vehicle repairs garage which was established by our clients around 7 years ago. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since the business was established they have continually developed and improved the garage, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £200,000 which is derived from offering professional tyre fitting, vehicle repairs, MOT's and other garage services. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. 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.
Financial Profilt
Turnover: £200,000PA
Tenure
We are advised freehold
Opening Hours
Monday: 8:30am - 5:30pm
Tuesday: 8:30am - 5:30pm
Wednesday: 8:30am - 5:30pm
Thursday: 8:30am - 5:30pm
Friday: 8:30am - 5:30pm
Saturday: 8:30am - 1:00pm
Sunday: Closed
Accommodation
Large purpose built garage unit, briefly comprising:
GROUND FLOOR
Secure shutter door entrance(s)
Open plan workshop
MOT bay
3x ramps
3.5 ton compressorp
Various tools/equipment
Office with seating area, desk, computer systems etc
Reception area
Toilet facilities
MEZZANINE FLOOR
Storage space
Tyre display

EXTERNAL
Secure forecourt
Parking for approximately 20 vehicles
2 large storage containers
Tenure:
Freehold
Listed by:
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