Garage for sale

Princethorpe,CV23

£50,000

Property Description

Full description

Tenure: Leasehold

WELL ESTABLISHED SERVICE & REPAIRS GARAGE - WARWICKSHIRE
Situated in the beautiful village of Princethorpe
Early viewing essential to fully appreciate
High amount of regular & repeat trade
Advised annual turnover of 47,000
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Location

The business is located in the beautiful village of Princethorpe which is part of Warwickshire. The property has an excellent location being situated close to a through road which links several cities and towns including Warwick, Coventry and Rugby to name a few. The surrounding area offers beautiful panoramic countryside views spanning for several miles. Princethorpe is considered by many to be a very affluent and highly desirable village which offers a country lifestyle. One of reasons for the popularity of the village is the easy access to neighbouring towns and cities which offer a fabulous range of high street retailers, entertainment venues, restaurants, historic attractions, sporting venues and business services. This gives the village residents the best of both worlds - peace and tranquillity of a semi-rural lifestyle coupled with conveniently nearby attractions and facilities. The property enjoys easy access to several motorways including the M45 which is approximately 3 miles away connecting to the M1, the M6 (approximately 9 miles) and the M40 (approximately 16 miles away). This is a huge advantage to all as visiting and commuting is very easy.


Business History

Meridian Business Sales are delighted to offer for sale this superb garage which was established by our clients around 29 years ago. 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 47,000 which is derived from offering professional garage service and repair services for a wide range of vehicles. 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 this superb business is not to be missed.


Financial Profile

Turnover: 47,000pa
Gross profit: 24,310pa
Stock approximately: 500


Tenure

We are advised leasehold
Rent: 470pm


Opening Hours

Monday: 7:15am - 5:30pm
Tuesday: 7:15am - 5:30pm
Wednesday: 7:15am - 5:30pm
Thursday: 7:15am - 5:30pm
Friday: 7:15am - 5:30pm
Saturday: Closed
Sunday: Closed


Accommodation

Purpose built garage unit with roller shutter access, briefly comprising:

Secure entrance leading to:

Large open work space

Space for approx 6-7 vehicles

2 post ramp

various tools and equipment

Tool storage

Store area

Seating area

Desk with computer system and payment area

Shared toilet facilities

EXTERNAL
Parking facilities

Nearest stations

  • Coventry (5.2 mi)
  • Leamington Spa (6.2 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

  • Coventry (5.2 mi)
  • Leamington Spa (6.2 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.

Disclaimer - Property reference 3475. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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