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Leasehold or Freehold Vehicle Repair Garage Business (Lancashire)

Undisclosed, Undisclosed
Freehold Price:
Offers Invited
Leasehold Price:
Offers Invited
Status
FOR SALE
Advert ID
254315
Reference
594 / Rightbiz

Commercial Road have been instructed to sell this long established and profitable business on a leasehold basis.

This continually growing business is currently operated by the owner and supported by a small number of staff working varying hours, one of which acts in the capacity of garage manager when the owner is away, allowing a new owner to either operate the business themselves or allow the current “cover” manager to operate the business.

Whilst this vehicle repair and servicing centre shows impressive turnover figures, we are told that there is still room for further expansion by increasing marketing activities as the current owner relies primarily on repeat business and word of mouth recommendations at present and does not take advantage of the opportunity to promote the fact that they specialise in repairing and servicing volvo’s at a fairer price than the nearest main dealers.

In addition to servicing and repairing all types of vehicles the garage has a popular MOT bay, which offers quality and well regarded servicing to its loyal customers who, we are told, are happy to pay higher than average rates to ensure the servicing of their vehicle is to the standard this particular garage offers.

This business is prime for acquisition and is likely to suit a mechanic looking to take on a profitable business or another garage looking to grow turnover and profits through acquisition, especially given its location, continual growth in turnover, profitability and valuable, loyal, client base which is complimented by the obvious ability to offer any new owner the opportunity to take an income from day one.

The premises cover approximately 3000 square feet and house 3 bays and an MOT pit along with a trade reception area with seating for customers, and 3 store rooms, one of which offers extra security in the form of an internal shutter in order that valuable equipment or stock can be stored with even greater security, if required.  There are also rest rooms for staff.

There is use of a car park for 15 cars to the rear of the premises, plus a yard which is jointly owned with a neighbouring business and is currently used as storage.

Tenure: Leasehold – The term of the lease to be offered is negotiable as is the rent. Freehold is also available.

EPC Yes. Grade: G

Please contact the Commercial Road team for further details or to arrange a viewing.

 

IMPORTANT NOTES: These particulars do not constitute an offer, neither should they be relied upon as statements or representations of the fact or warranties of any kind. All interested parties must satisfy themselves, by investigation and due diligence activities, prior inspection and or formal entry before contact with their solicitor. Neither we, nor our principals, accept any responsibility whatever in respect of these particulars, which are simply offered as a general indication to persons who may be interested.

 

Viewings and negotiations are to be conducted STRICTLY through Commercial Road Limited. NO DIRECT APPROACH is to be made to the business under any circumstances.

Listing Details
Freehold Price: Offers Invited
Leasehold Price: Offers Invited
Tenure: Freehold
Tenure: Leasehold
Location: Undisclosed, Undisclosed
Sector: Garage Businesses
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • Retirement Sale
  • Fully Fitted
  • Accounts Available
  • Town Centre location
  • Established Business
  • With Car Park
  • Offers Invited
  • Prime Location
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 594 / Rightbiz

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