Garage for sale

Princes Drive Industrial Estate, Coventry Road,Kenilworth,CV8

£130,000

Property Description

Commercial information

  • Business for sale

Full description

WELL ESTABLISHED CAR SALES/GARAGE SERVICES
Situated on a trading estate in the town of Kenilworth
Long established and highly reputed business
Well appointed and presented throughout
Early viewing essential to fully appreciate
High amount of regular & repeat custom
Genuine reason for sale due to ill health
Advised annual turnover of £230,000
Ideal partnership opportunity
LEASEHOLD


Location
This exceptional business has an ideal trading location in the beautiful and historic town of Kenilworth which is situated in Warwickshire. The business sits on a trading estate just off the town’s main through road. The Kenilworth Castle which neighbours the business is a major tourist attraction for the town and sees a large amount of visitors throughout the year. The business also benefits from being situated close to the high street as it attracts a large amount of visitors and shoppers from throughout Warwickshire. Kenilworth is a very beautiful and highly desirable town offering a truly wonderful quality of life. The town has an excellent display of commercial shops, upmarket residential houses, good schools, NHS services, coupled with beautiful neighbouring open countryside and picturesque landscapes. The garage is ideally situated close to the UK motorway network having the M40 within 8 miles, the M42 within 9 miles, the M6 within 12 miles and the M45 which connects to the M1 within 15 miles which makes visiting and commuting very easy.


Business History
Meridian Business Sales are delighted to offer for sale this garage services business which was established by our clients in 1990. Our clients are reluctantly offering the business to the market due to unfortunate ill health. The garage which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £230,000. This is derived from car sales and offering first class general vehicle MOT, service and repair solutions to a wide range of clients throughout the year. Our client has worked exceptionally hard on building the business’ reputation with most of the customers being
private individuals who have been visiting for several years. The business and property is exceptionally well presented and well equipped throughout with quality fixtures and fittings. Our client is very generously including all fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is without question an exceptional garage which has an excellent location and a very favourable client database. Meridian Business Sales would like to urge very early interest in this opportunity as garages of this calibre rarely appear on the market.


Financial Profile
Turnover: £230,000pa

Stock Approximately: £3,500


Tenure
Leasehold

Rolling Lease

Rent: TBA


Opening Hours
Monday: 8:30am – 6:00pm
Tuesday: 8:30am – 6:00pm
Wednesday: 8:30am – 6:00pm
Thursday: 8:30am – 6:00pm
Friday: 8:30am – 6:00pm
Saturday: 8:30am – 1:00pm
Sunday: Closed


Accommodation
Well presented property with highly visible advertisement signs, briefly comprising:

GROUND FLOOR
Secure entrance leading to
Reception area with fitted desk/serving counter
Seated waiting area

Rear office with computer systems

Customer toilet facilities

Glass overview to garage

Staff toilet/wash room

GARAGE
Roller shutter/door entrance
Large open plan area
Tool/equipment storage
2x large ramps (3.2 tonne)
MOT testing station
Tyre fitting and preparation area
Kitchenette
MEZZAINE FLOOR
Tyre/equipment storage
Paperwork storage
Office/meeting room


EXTERNAL
Front parking for approximately 20 vehicles (inc car sales space)

Nearest stations

  • Tile Hill (2.8 mi)
  • Canley (2.9 mi)
  • Coventry (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tile Hill (2.8 mi)
  • Canley (2.9 mi)
  • Coventry (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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