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Specialist Classic Vehicle Garage In Horsford Norfolk

Horsford Norfolk
T/O: £11,500 run at restricted pace Specialist in American Muscle Cars Enviable reputation Established 1970 Genuine reason for sale
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69017
ADVERT IMPRESSIONS : 16,479 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Garages
SALE: Agent Sale

LEASEHOLD:

£49,950
 

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BUSINESS DETAILS:

Location
The Mustang Shop Ltd is ideally located on a secure industrial estate situated in the heart of the village of Horsford in Norfolk. The garage is surrounded by complementary businesses and is close to all of the village's amenities. Horsford is a popular place in which to live and work and is situated just 5 miles north of Norwich and just three miles from the airport. The business is situated just off the busy B1149, which leads from Holt to the centre of Norwich.

Business History
Preferred Commercial is delighted to offer for sale this specialist classic vehicle repair and restoration business, which was established by our clients in 1970 and which is only now being placed on the market due to other business interests. The Mustang Shop specialises in American Muscle cars of the 1960s and 1970s but carry our work on a wide variety of vehicles. The business is world renowned and boasts many prominent personalities on its customer base. The Mustang Shop boasts an enviable reputation for knowledge and achievements with both road and race prepared cars. The business is currently run at a restricted pace to suit our client and generates a turnover in the region of £11,500 per annum with a gross profit of 50%. There is immense scope for a new owner to quickly bring trade back to previous levels by concentrating full time on the business and perhaps developing the web site to further promote the concern. There is huge potential for the supply of American parts, for which we believe there is a demand. We feel this is an ideal opportunity for an enthusiast to acquire a well-known and respected specialist vehicle repair and restoration business with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £11,500 approx.
GP: 50%
Run at restricted pace to suit

Opening Hours
Mon - Fri: 9.00am - 5.30pm
Sat - Sun: Closed

Accommodation Details
Garage workshop extending to approximately 1,800 sq ft, set within a secure industrial estate. Briefly comprising:

Ground Floor
• Workshop with roller shutter access to front and rear, well-equipped with 4-post ramp, compressor, welding equipment, a wide range of hand tools and necessary equipment.
• Office with desks and chairs and telephone system
• Kitchenette
• WC with wash basin
• Mezzanine storage level

External
• 4 allocated car parking spaces
• Ample free parking in the vicinity
• Secure site

Additional Information
• We are advised that an additional workshop of 1,800 sq ft is available if required

Tenure
Leasehold
Rolling lease
Rent: TBA
   
  FOR SALE
   

REFERENCE:

2797 / RightBiz
   
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