Mobile Car Repairs for sale in Lyndhurst

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Caravan & Motorhome Services & Repairs

Lyndhurst, Hampshire, England

  • Leasehold Price: £40,000
Seller Reference: WA.21835
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Business Description
 
 
 
 
 
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Seller Reference: WA.21835
Request Details
Business Description
THE OPPORTUNITY
NCC approved caravan & motorhome servicing and repairs. Equipment included. 3 repair bays. Electric roller shutter door. Front and rear access.

LOCATION
The premises are situated on an established Industrial Estate where a number of local industrial and warehouse occupiers are represented. The estate has existing long term tenants and more recently further development has allowed new tenants to take occupation giving the estate further growth and passing trade.

The Industrial Estate is located between the edge of Southampton City Centre and the New Forest National Park. Access to the motorway is available via Junction 2 and Junction 3 of the M27.

DESCRIPTION
The property comprises the last warehouse of a row of 4 terraced units.

The unit itself has a separate office and client waiting area to the front, a separate kitchen and shared W/C. A door allows access to the industrial side of the unit where 3 individual servicing and repair bays are clearly separated.

The unit is made up of block construction with reinforced concrete beams. It benefits from heating, cat 2 lighting, ceiling windows and front and rear access. The unit has ample height to support the business and has an electrical roller shutter door in excess of 3 metres.

TENURE
The owners currently have a flexible lease, however, the landlord is receptive to agreeing a longer term.

The current rent is £13,009 per annum, inclusive of water rates and exclusive of rates and insurance.

PRICE
£40,000 plus stock at valuation to include goodwill, furnishings, fittings and equipment as per inventory to be prepared.

TRADING & BUSINESS
The business has been trading for approximately 4 years by hands on local owners. Due to the growing needs of the business, imminent retirement and future plans the current owners have decided to sell.

The current opening hours are discretional to the owners, however, generally speaking they open Mon-Fri 8:30-17:30. An opportunity to open for longer and on weekends is available.

The business has seen continued growth since it was incorporated in 2015, however, is near capacity with one technician and one office operator. To enable the business to grow and reach full potential we feel having additional technicians, a receptionist and a mobile call out service would see significant growth.

The business is an NCC approved workshop and the nearest approved competitor is approximately 20 miles away. The NCC form part of the Caravan and motorhome Club and the Caravan and Camping Club in essence obtaining and retaining approved status will set you aside from nearby un-approved competitors.

We have been informed of the below turnover figures. The current year like for like is trading up approximately £4,000.

2015-2016 £47,269
2016-2017 £66,119
2017-2018 £77,974
Tenure:
Leasehold
Location Details:
The premises are situated on an established Industrial Estate where a number of local industrial and warehouse occupiers are represented. The estate has existing long term tenants and more recently further development has allowed new tenants to take occupation giving the estate further growth and passing trade. The Industrial Estate is located between the edge of Southampton City Centre and the New Forest National Park. Access to the motorway is available via Junction 2 and Junction 3 of the M27.
Leasehold Term:
The owners currently have a flexible lease, however, the landlord is receptive to agreeing a longer term. The current rent is £13,009 per annum, inclusive of water rates and exclusive of rates and insurance.
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