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Related Ads > East Riding of Yorkshire Business for Sale > Freehold Garages for Sale > Garages in Kingston Upon Hull for Sale 

Mot And Repair Centre In Hull East Yorkshire

Kingston Upon Hull East Riding of Yorkshire
Garage Hull, East Yorkshire T/O: £120,000 GP: 40% Huge scope City centre location Loyal customer base High footfall
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69315
ADVERT IMPRESSIONS : 18,188 TIME(S)

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

FREEHOLD:

£289,950
 

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BUSINESS DETAILS:

Location
V.P.S occupies mid-parade ground floor lock-up premises, ideally located in Hull, East Yorkshire. The business is situated in a prominent trading position in a sought after area in the city centre. The area is home to a range of complementary shops and businesses, along with residential properties. The business enjoys a constant high footfall and much passing trade. The city's amenities are nearby and there a number of bus stops and a railway station within easy walking distance. The premises are easily accessed via the A-road network and the M62. Hull is a large thriving city, which is well-known for its historic links and vibrant culture. The city has a large port with regular ferries and is home to the University of Hull. Scunthorpe lies 23 miles away, while the city of York is approximately 34 miles away.

Business History
Preferred Commercial is delighted to offer for sale this vehicle service and MoT testing centre, which was established in the 1950s and has been operated by our client since 1984. The garage is only now offered to the market due to our client's wish to retire. The business trades 6 days a week, generating a turnover in the region of £120,000 per annum with a gross profit of 40%, derived from vehicle repairs, servicing, diagnostics and MoT testing. We feel the turnover could be further increased by embarking on a simple marketing campaign and perhaps from the introduction of a website advertising the business and contact details. Our client has gained an enviable reputation over 25 years of trading and is renowned for providing a quality service. The premises are well-equipped to suit the trade and boast multiple work areas. We feel this business represents an ideal opportunity to acquire an already busy garage in such a desirable location. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £120,000 approx.
GP: 40%

Opening Hours
Mon - Fri: 7:00am to 5:30pm
Sat: 9:00am to 3:30pm
Sun: Closed

Accommodation Details
Substantial ground floor lock-up garage premises in city centre location. Briefly comprising:

Ground Floor
• Reception area
• Garage area with 4-post ramp, 4-post lift, 2-post lift, compressor, various hoists and jacks, diagnostic and welding equipment and MoT bay
• WC with wash hand basin
• Storeroom, used for MoT parking

External
• Industrial sliding doors

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2801 / RightBiz
   
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