Superbly Presented And Equipped Garage For Sale

Business description

Superbly Presented And Equipped Garage For Sale
Early viewing urged to appreciate this quality business
Highly visible main road location in picturesque spot
High turnover business with huge growth potential
£400,000 turnover with huge scope for growth
Tyres, MOT, repairs & service and fuel sales
Owners 3 bedroom detached bungalow
FREEHOLD


Business History
Meridian Business Sales are pleased to offer to market this high turnover garage, tyre, MOT and vehicle repair business which was established by our client in 1998. The only reason this excellent garage is being offered to the market is due to our clients pending retirement.

Since our clients took ownership of the business, they have invested time and money in the premises to the point where it is in true walk in and trade condition

Our clients have run the business with the help of a manager which makes the business ideal for someone who is looking to add to an existing portfolio or indeed for someone who is looking to operate a business hands on in which case this business offers tremendous scope for growth.

Our client advises that the current turnover is £400,000pa with a gross profit of £75,000 which is apportioned 48% tyre sales, 22% from the sale of fuel, 15% from repair and servicing and 5% from MOT.

The property has a large forecourt and showroom area which would lend itself to the introduction of either new or used car sales further enhancing the prospects of this already thriving and established business. Meridian Business Sales recommends early viewing to appreciate the quality and scope of this business opportunity.

Property information

Property:

Freehold

Living accommodation:

Well presented and maintained industrial style unit with showroom, forecourt and shop plus 3 bedroom detached bungalow, briefly comprising: GROUND FLOOR - BUNGALOW Impressive entrance into a large reception hall Spacious dining kitchen with a range of quality units & built in appliances Large lounge with wooden floor and log burner fire UPVC conservatories with tiled floor and door to the garden 3 x double bedrooms Family sized bathroom with modern suite Utility room Solar panels to roof x 4 Oil central heating BUSINESS PREMISES Reception area and shop Shop is fitted with wall and floor display plus sales counter Tyre storage room with bespoke racking Showroom with fully glazed sliding doors Office space Ladies and gents toilets MOT bay with inspection pit 2 further bays with hydraulic ramps EXTERNAL Garden to the bungalow, patio and stones with planters Double garage currently used as storage Oil tanks and calor tanks ½ acre plot Forecourt with 2 fuel pumps Forecourt parking for 10 plus cars LPG fuel pump

Location:

This high turnover garage is located on the main through road of Winceby in Lincolnshire. It is set in its own grounds of ½ an acre and enjoys a monopoly trade as it is the only garage for some 6 miles.

The village of Winceby is just a short drive from the popular and upmarket town of Horncastle. Horncastle is a market town of some 6000 people in the east Lindsey area of Lincolnshire. It lies to the South of the Lincolnshire Wolds where the river Bain and the river Warring meet.

Horncastle was given its market charter in the 13th century and today is a centre for the antique trade. Winceby and the surrounding areas are supplied by the A158 and the A153 trunk roads.