Freehold Garage In Baldock Hertfordshire Price Reduced For Sale

Business description

Phoenix Business Transfer Agents are pleased to offer to the market this freehold garage. The business was established by our client in 1988. It is now being placed on the market due to our client’s ill health.
Financial Details
The turnover for 2008 is expected to be in the region of £75,000 with a net profit of approximately £35,000.

The business offers servicing, air conditioning repair and servicing, diagnostics and provides tyres for all types of motor vehicles. The charging rate is £45.00 per hour.

The business enjoys a huge and loyal client base and the concern benefits from an excellent local reputation.

In recent years due to our client’s ill health, the business has not performed to any where near its full capacity. Recently our client had to shut the business down for a few months whilst recovering and this has affected the turnover and profits.

The business has huge potential with the more marketing and especially taking more advantage of the local Tesco customers the business could flourish and turnover could easily be doubled. Our client doesn’t operate on Saturdays for which there is certainly scope to expand the business.

The freehold premises offer an exceptionally good commercial property for future investment.

Property information

Property:

Freehold

Living accommodation:

Property Details This large industrial premise which is of brick construction is approximately 800 sq ft and has security cameras. Ground Floor Electronic remote shutters which are under 1 year old and cost £16,000 which lead to the main workshop area which contains 2 x 2 poster ramps, diagnostic equipment and an air conditioning machine as well as other tools. There is a reception area with seating and to the rear there is a waste oil area and separate storeroom. First Floor On the first floor there are offices, a kitchenette and toilets. The compressor is also located on this floor.

Location:

This freehold garage is ideally situated on an industrial estate just off the main arterial road into the town centre. A large tesco superstore is placed opposite the business and offers huge pedestrian foot flow and traffic flow. The industrial estate itself is very large and has a variety of different businesses. These complimentary businesses feed off each other very well.

Baldock itself is a very well placed town which has excellent links to the A1M, and the M25 motorway.

Other information

Reasons for selling:

Ill Health

Trading hours:

The business operated from 8.30am – 5.00pm Monday – Friday.