Freehold Garage & Used Car Sales Business For Sale In Lincolnshire | | Market Rasen Lincolnshire | | Vehicle Repair & Servicing Lincolnshire T/O: £197,000 GP: 87% Well established and highly regarded business. Prime trading location. Well equipped premises. Scope to introduce an MOT station. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 10938
ADVERT IMPRESSIONS : 50,609 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £439,000 + SAV | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Glentham Motors is ideally located on High Street, a busy main road, on the outskirts of the pretty Lincolnshire village of Glentham, close to Market Rasen. The village and surrounding areas have all the main amenities, including supermarkets, Post Office, banks, leisure facilities and pubs and restaurants. The nearby town of Market Rasen boasts good schools. The business is located on the A631with further access via the A15 trunk road.
Business History
Bag a Business is delighted to offer to the market Glentham Motors. The business has been in the careful ownership of our client since 1990 and is only now being offered to the market due to retirement. Glentham Motors offers repairs and servicing for a wide range of vehicles and has, over the years, built up a loyal client base, generating high levels of repeat custom. Currently the business generates an annual turnover of £197,000 with a gross profit margin of 87%. Due to Glentham Motors's main road location it also operates a thriving used car business, which specialises in van sales. The business has three forecourt pumps for the sale of fuel, this also attracts a steady source of new customers all year round. The business has huge scope for growth not only on the used vehicle side, but, also with the introduction of an MOT station, which would be very popular with the regular clientele and would potentially double the current turnover figures. The business stands on a plot of approximately 2/3rds of an acre, with 3,400 square feet of trading area and a modern, 3 bedroom detached property. Early viewing is recommended to appreciate the quality and growth potential of this business.
ACCOMMODATION DETAILS
Substantial plot with 3,400 sq feet of workshop and a detached, 3 bedroom property. (built in 1987)
GROUND FLOOR
Open plan workshop with:
Ramp and repair bays
Further areas for storage and restoration work
W/Cs
Kitchen area
Sales office
Main house with:
Entrance leading to-
Inner hall
Large lounge
Dining room
Fully fitted kitchen
Utility room
W/C
FIRST FLOOR
Landing
3 double bedrooms
Family bathroom
EXTERNAL
Large covered forecourt with fuel pumps
Grassed areas for car standing and sales
Open views over countryside
Patio area to the rear of accommodation
OPENING HOURS
Mon - Fri: 8.00am - 6.00pm Sat: 9.00am - 4.00pm
FINANCIAL DETAIL
W/T: £3,788 approx
GP: 87%
TENURE8
Freehold | | | | | | FOR SALE | | | | | REFERENCE: | 10327 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
