Profitable Garage And Mot Station In Co Durham | | Gilesgate Moor County Durham | | Popular Garage and MoT Testing Centre Gilesgate, Durham T/O: £230,000 GP: 24% Scope to increase turnover Well-equipped Loyal customer base Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62904
ADVERT IMPRESSIONS : 16,669 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £219,995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Durham Tyre Centre occupies substantial premises and is ideally located in a popular industrial estate in Gilesgate, Durham. The industrial estate houses a large variety of businesses and is surrounded by a densely populated residential area, from which the tyre centre draws much trade. The business benefits from extensive parking and nearby bus stops, while Durham City centre lies approximately 2 miles away. There are a number of shops, businesses and local amenities in the vicinity including retail parks, supermarkets and education facilities. Durham is a large city and is well-known for its Norman Cathedral and 11th-century castle, and is home to Durham University. The business boasts easy access to the local A-road network and the A1(M) motorway is within easy reach.
Business History
Preferred Commercial is pleased to offer for sale this garage, MoT testing, tyres and exhaust business, which was established by our client in 2001 and which is only now being placed on the market due to our client's wish to retire. The business trades 6-days per week and generates a turnover in the region of £230,000 per annum with a gross profit 24%, derived from MoT testing, vehicle repairs and tyres and exhaust sales. The premises are well-equipped to suit the trade and offer a large workshop area with 2 MoT bays and a vehicle repair area, along with extensive customer parking. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade and word of mouth recommendations. The business boasts an excellent trading position, being situated on a busy industrial estate. Our client advises us that there is high demand for weekend work and turnover could be increased further by extending the current hours to accommodate. This is an ideal opportunity to acquire a popular garage, which is well-known in the area and is in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £230,000 approx.
GP: 24%
Opening Hours
Mon: - Fri: 8.30am - 17.00pm
Sat: 8.30am - 12.30pm
Sun: Closed
Accommodation Details
Single storey, detached industrial premises with 2 MoT bays and a large workshop area, situated in a prime location. Briefly comprising:
Ground Floor
• Office with large counter, coffee machine and customer seating area
• Large repair bay with 2 ramps and various tools and equipment, ample space for car repairs
• MoT bay 1: large testing bay with rolling road and ramp and tyre storage
• MoT bay 2: large testing bay with rolling road and ramp
External
• Extensive parking and storage space with palisade fencing and secure gates
Tenure
Leasehold
New lease to be negotiated | | | | | | FOR SALE | | | | | REFERENCE: | 2448 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
