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Fantastic Freehold Tyre Centre In Northampton For Sale

Northampton, Northamptonshire
Freehold Price:
£285,000 Furniture / Fixtures included
Leasehold:
£180,000 Furniture / Fixtures included
Turnover:
£200,000
Net Profit:
£70,000

Established Since 1989
Annual Turnover £200,000
Strong Net Profits of £70,000
Retirement Sale
Substantial Scope For Growth
EPC - G

REF 5538 – Freehold Tyre & Autocare Centre

Blacks Brokers are proud to bring to the market this freehold tyre and autocare centre located in the much sought after area of Northampton, Northamptonshire.

INTRODUCTION

Whitehills Tyre and Autocare Centre has been trading here on Greenhills Road since 1989. During that impressive trading history, it has firmly established itself within the local community and within this business sector.

LOCATION

Northampton is the county town of Northamptonshire in the East Midlands and is one of the largest towns in the UK. The area of Whitehills is a popular and much sought after residential area, with many businesses and commuters, it is well linked to the A508, A45 and M1. This business is positioned within a densely populated residential area with road side parking available at all times.

REASON FOR SALE

The business is only being offered for sale due to retirement.

LEASE

This business is available as a freehold or leasehold opportunity. If the leasehold option is preferred, the building will be available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease length and terms will be negotiated.

BUILDING LAYOUT AND DESIGN

Whitehills Tyre and Autocare Centre is well branded with clear signage displayed on a newly painted and well-presented business frontage. The business is housed within this large, detached, single storey unit at the end of a row of housing. The unit is approximately 100 square feet in size and comprises of a spacious, professional workshop with high quality equipment and tools in place, an office, store room, toilet and kitchen facilities. All areas are well presented and a full inventory is available on request. To the front of the business is a forecourt with three parking spaces. This property does have some brilliant traits to it, the building is free of business rates, and has very cheap expenses unlike many garages on the market. It comes with full planning permission which would benefit anyone looking at making any changes to the property in order to boost turnover.

STAFF

The business currently employs two full time members of staff.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £200,000 with strong gross profits. Most customers are from the local area as one would expect, with some travelling from further afield due to the exceptional reputation this business has established.

SUMMARY

This proposition offers superb opportunity for a new owner to enjoy the large customer base and excellent reputation already in place. It delivers an impressive turnover year on year with strong and consistent profit yet still offers substantial scope for growth by opening weekends and creating an online presence. This rare opportunity to acquire a freehold tyre and auto care centre within an affluent residential area, makes for an exciting proposition for a new owner. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property information

Property:

Available as freehold and leasehold

Business Operation

Trading hours:

MON: 08:30 - 17:30
TUE: 08:30 - 17:30
WED: 08:30 - 17:30
THU: 08:30 - 17:30
FRI: 08:30 - 17:30
SAT: CLOSED
SUN: CLOSED

Other Information

Leasehold asking price:
£180,000 - Furniture / Fixtures included

Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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