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Well Established Vehicle Repair Centre Hull East Yorkshire

Kingston Upon Hull East Riding of Yorkshire
Garage, Hull, East Yorkshire T/O: £90,000 GP: 40% Huge scope Well-equipped Prime location High footfall Excellent reputation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72381
ADVERT IMPRESSIONS : 17,631 TIME(S)

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

FREEHOLD:

£475000
 

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BUSINESS DETAILS:

Location
Yorkshire Car and Commercial occupies substantial detached premises, ideally located on a busy industrial estate in Hull, East Yorkshire. The premises benefit from a prominent trading position in a sought after area on the outskirts of the city centre. The business is surrounded by a mixture of residential and commercial properties and enjoys a high footfall with much passing trade. The city centre is just a short walk away and possesses a wealth of amenities, attractions, shops and businesses. The area is well-served by public transport with bus stops at the end of the road and a railway station within easy walking distance. Hull is a large city with a busy port with regular ferries running to Rotterdam and Zeebrugge. The city is a popular residential area and a desirable place in which to live and work. The premises are easily accessed via the A-road network and the M62 motorway. Bridlington lies 26 mile to the north, while York lies 36 miles to the north west.

Business History
Preferred Commercial is delighted to offer for sale this well-established vehicle repair, servicing and MoT testing business, which our clients opened in 1996 and which is only now being offered to the market due to our clients' wish to retire. The business 5 days a week and generates a turnover in the region of £90,000 per annum with a gross profit of 40%. Our clients offer vehicle repair, servicing, diagnostics and class 4 and 7 MoT testing. We feel the turnover could be further increased by extending the opening hours and by embarking on a modest marketing campaign. There is also scope to offer a breakdown service. Our clients have gained an excellent reputation and are renowned for providing a quality service, ensuring a loyal customer base and many word of mouth recommendations. There is a website in place advertising the business and services provided. The premises are well-equipped to suit the trade and boast a large workshop and numerous outbuildings, some of which could be let out to generate additional income. There is also approximately 2/3 of an acre of land, which could be used for development, subject to planning permission being granted. This is an ideal opportunity to acquire an already busy garage with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £90,000 approx.
GP: 40%

Opening Hours
Mon - Fri: 8:30 to 5:30pm
Sat - Sun: Closed

Accommodation Details
Substantial industrial premises with multiple outbuildings and private parking facilities. Briefly comprising:

Main Building 1
• Reception
• Workshop with 2 x 4-post ramps, classes 4 and 7 MoT bay, test lane, wheel balancer, tyre changer, compressor, 2 x 2-post ramps, fabrication bay, diagnostic equipment
• Mezzanine floor used for storage

Main Building 2
• Toilet facilities
• 3 x electric roller shutter doors
• 3-phase electricity supply

Outbuildings
• 3 x brick buildings
• 2 x office buildings

External
• Parking to side and rear
• 2/3 of an acre of land

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2944 / RightBiz
   
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