Buy a Body Shop and Garage In Lincolshire business for sale in Boston on BusinessesForSale.com

  • Listing ID: 865743
  • (Seller ref: 1207)

Body Shop and Garage In Lincolshire For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£36,000
Turnover:
£55,000
Net profit:
Available on request


Preferred Commercial is delighted to offer for sale this very well established business that was established over 30 years ago and has been in our client's hands for the past 3 years. It is only now being placed on the market due to family commitments. The main business is bodywork and restoration work including Classic Cars. However, a new owner could greatly build upon this with the introduction of MOTs and servicing, thus taking full advantage of the large workshop. The current annual turnover is in the region of £55,000 achieving a gross profit of 40%. The business has very much been run at a pace to suit and is now ideally placed for a new owner to take the body shop to the next level. Early discussions with Preferred Commercial must come highly recommended.


Property:
Leasehold
Lease terms:
Leasehold
Original length: 20 years
Remaining: 17 years
Review: every 5 years
Rent: £8,400 per annum
Leasehold rent:
£8,400 per annum
Location:
Simms & Simms Body Repair is located in the village of West Fen Drainside approximately 2 miles from Boston in Lincolnshire. The business draws its trade from the wealth of clientele that have used the business over the years as well as word of mouth recommendations.
Premises details:
Multi fronted detached commercial unit, briefly comprising:

Ground Floor
• Workshop
• Spray booth
• Shot blast booth
• Storage/mixing room
• 2 offices

Trading hours:
Mon - Fri: 8.00am - 5.00pm
Sat - Sun: Closed

For more information about this business for sale, click the Contact Seller button.


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