Lancashire Established Auto Service & Repair Garage For Sale

Business description

Sovereign Business Transfer is delighted to market this highly regarded leasehold garage services and workshop business, which has been trading successfully for over 100 years.

The business is within walking distance of Todmorden town centre and trades from a substantial premises with ample unrestricted parking.

Todmorden is within easy commuting distance of Manchester, Rochdale, Bacup, and Leeds and is easily accessible from both the M62 and M66 motorways.

This time served business is popular with locals and has a substantial database of customers providing an excellent turnover with potential for further enhancements.

Property information

Property:

Leasehold

Lease terms:

The vendor owns the property and will grant a new FRI lease (subject to contract) at an initial rent of £15,600 per year exclusive – all other lease terms are subject to negotiation.

Leasehold rent:

£15,600 per annum

Premises details:

There is vast scope for new owners to better utilise the commercial space available both internally and externally. For example introduce additional services such as an approved M.O.T test centre (subject to planning application), repairs and developing the already established diagnostic fault finding and servicing side of the business.

Other information

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 09 00 - 17 00

Financing available:

Sovereign has a wealth of experience in arranging funding solutions from commercial loans to business and technology finance. We can deliver through our group of companies individually tailored funding solutions to meet each client’s budgetary requirements.