Garage for sale

Cross Cliff Road, Headingley, Leeds, LS6

£345,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

WELL ESTABLISHED GARAGE SERVICES BUSINESS - WEST YORKSHIRE
Long established and highly reputed business
Early viewing essential to fully appreciate
Advised annual turnover of 190,000
Situated in the bustling city of Leeds
Scope for further development
Genuine reason for sale
Two garage units
LONG LEASEHOLD


Location

The business is situated in the busy city of Leeds, West Yorkshire. The garage benefits from having a mass of passing trade on a daily basis due to its situation in a very high footfall area. The businesses location is within a densely populated residential area which generates a lot of regular custom. The business benefits massively from the endless amounts of visitors to the city which provides a consistent trading pattern throughout the year. Leeds is a hugely popular business and residential area due to its excellent central shopping, fine housing, good schools, colleges, universities and NHS facilities. Leeds also benefits from being very easily accessed via the M621 which is situated less than 2 miles away from the business and links to the M1 making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this superb garage services business which was established by our clients in 1972. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 190,000 which is derived from offering professional garage service and repairs to a wide range of vehicles, the business also used to do body/spray work this could easily be reintroduced if desired. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 190,000pa
Gross profit: 36,000pa


Tenure

Leasehold
Original length: 99 years
Remaining: 58 years
Review: 2015


Opening Hours

Monday: 9:00am - 6:00pm
Tuesday: 9:00am - 6:00pm
Wednesday: 9:00am - 6:00pm
Thursday: 9:00am - 6:00pm
Friday: 9:00am - 6:00pm
Saturday: Closed
Sunday: Closed


Accommodation

Two separate garage units, briefly comprising:

GARAGE 1
Secure entrance leading to:

Open plan workshop

3x 2 post ramps

Diagnostics equipment

Compressor

Gearbox hoists

Engine lifts

Welding equipment

Air-conditioning system

Tool storage

2x offices

GARAGE 2
Secure entrance leading to:

Open plan area

currently used for storage

EXTERNAL
parking for approximately 20 vehicles

Nearest stations

  • Burley Park (0.8 mi)
  • Headingley (1.4 mi)
  • Leeds (1.6 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

  • Burley Park (0.8 mi)
  • Headingley (1.4 mi)
  • Leeds (1.6 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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