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Business description
Preferred Commercial is pleased to offer for sale this garage services business, which was established by our client in 1988 and which is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £207,000 per annum with a gross profit of 50%, derived from vehicle repairs and servicing, diagnostics, body repairs and air-conditioning repairs. The garage currently trades 6-days per week and is well-equipped to suit the trade with up-to-date equipment and is maintained to a high standard throughout. Our client has developed an excellent reputation and loyal customer base and benefits from word of mouth recommendations. The garage has a spacious workshop area and an integrated spray booth. We are advised by our client that 60% of the income is from mechanical services and 40% is from body repairs. This is an ideal opportunity to acquire a busy garage, which is well-equipped and in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.
Property information
- Property:
- Leasehold
- Lease terms:
- Leasehold
Original length: 10 years
Remaining lease length: 10 years
Rent review: every 5 years
Rent: £11,400 per annum
- Leasehold rent:
- ££11,400 per annum
- Location:
- This garage services business occupies large industrial premises and is located within a small industrial estate in Buckinghamshire. The business benefits from on-site parking and is surrounded by a densely populated residential area, from which it draws much trade. There are a number of buses running through the area and the railway station is within easy walking distance. The town centre, which is approximately a 5 minute walk away, possesses a wide variety of shops, businesses and amenities. The business boasts easy access to the A-road network and the M1 motorway is within easy reach.
- Premises details:
- Preferred Commercial is pleased to offer for sale this garage services business, which was established by our client in 1988 and which is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £207,000 per annum with a gross profit of 50%, derived from vehicle repairs and servicing, diagnostics, body repairs and air-conditioning repairs. The garage currently trades 6-days per week and is well-equipped to suit the trade with up-to-date equipment and is maintained to a high standard throughout. Our client has developed an excellent reputation and loyal customer base and benefits from word of mouth recommendations. The garage has a spacious workshop area and an integrated spray booth. We are advised by our client that 60% of the income is from mechanical services and 40% is from body repairs. This is an ideal opportunity to acquire a busy garage, which is well-equipped and in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.
- Energy Performance Rating:
- E
Business Operation
- Trading hours:
- Mon: - Fri: 8.00am - 6.00pm
Sat: 8.00am - 12.00pm
Sun: Closed
Other information
- Energy Performance Certificate:
-