Asset-Only Sale!
CoGoGo presents an outstanding opportunity to acquire the assets and lease of one of Worksop's best-known independent car sales sites. Trading from the same prominent main road location for over 50 years, this established business has been under the same ownership for the past 12.5 years and enjoys an excellent local reputation.
This is an asset-only sale, presenting the perfect opportunity for an existing motor trader looking to expand, an ambitious entrepreneur entering the automotive sector, or an operator seeking a highly visible site with extensive facilities.
The business is being offered as an asset-only sale. Upon completion, the premises will be vacant, with no vehicle stock included, providing the purchaser with a blank canvas to introduce their own stock, branding and business model.
The site has operated as a recognised independent car sales location for over 50 years and offers an excellent opportunity for a new operator to establish their own business from this well-known trading position.
The sale includes the lease, workshop equipment and infrastructure only. The forecourt will be handed over vacant and without vehicle stock, giving the purchaser complete flexibility to create their own operation.
The business offers significant potential for a variety of automotive operations, including:
Used vehicle sales
Vehicle servicing and repairs
Vehicle valeting and detailing
Bodywork and paint repairs
Parts and accessories
Vehicle finance and warranty sales
A substantial stock funding facility of approximately £120,000 is available, subject to the lender's approval.
Financial Profile
We are advised that:
Annual turnover exceeds £1 million
Business rates are approximately £550 per month
A stock funding facility of approximately £120,000 is available (subject to approval)
Fixtures, fittings and equipment are included with assets valued at approximately £60,000
