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Church Road, PR4

Leasehold 39 sq. m. | £24,995

Property Description

Commercial information

  • 419 sq ft (39 sq m)

Key features

  • rREF 12455
  • LEASEHOLD
  • CAR ACCESSORIES AND SPARES BUSINESS

Full description

Tenure: Leasehold

LOCATION
Tarleton Motor Spares occupies substantial ground floor lock-up premises, ideally located within the village of Tarleton, Lancashire. The business is situated on a corner location, within a parade of complimentary shops and businesses on Church Road, one of the main roads leading to the village centre. The business is located in a densely populated residential area and benefits from a high volume of footfall and passing trade.

Tarleton is a village and civil parish, situated in the Lancashire mosslands, north east of Southport and to the south west of Preston. The village is known for farming due to the rich soil quality, particularly for growing salad crops. The village has 18 listed buildings including barns, houses, farmhouses and St Mary's Church.

The area is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is Croston, which is approximately 4 miles away. The area is also well served by the A-roads, with both the A565 and A59 being within easy driving distance, which link to the national A-road and motorway networks. Both Southport and Preston are approximately 10 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy car spares retail business, which is ideally located within the village of Tarleton, Lancashire.

The business was established by our client in 1986 and is only now being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of 45,000 per annum, with a gross profit of approximately 55%.

Our client offers a variety of car and bicycle parts, as well as a fitting service. The business offers new and used parts for engines, brakes, wheels etc., as well as a huge range of parts and accessories for cycles, including a large selection of tyres. The property boasts approximately 39 sq. metres of floor space and is well fitted to suit the trade.

The business has built up an excellent reputation within the area and further afield for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of footfall and passing trade.

We feel there is scope for to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to promote the business and services offered. We also feel the business would benefit from the launch of a website to advertise the business, which could incorporate online ordering facilities.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointed.

PREMISES
Substantial ground floor lock-up premises, briefly comprising:

Sizable display window.
Open plan sales area.
Racking and shelving to perimeter walls.
Central display aisle.
Several product display stands.
Serve over counter with electronic cash register.

Large store room to rear which is currently used for storage, but could be used for repairs and maintenance.

External:

Rear yard with WC.

TENURE
We are advised Leasehold:

Rolling lease
Rent: 4,000 per annum

A new lease is to be assigned.

HOURS
The business is open:

Monday - Saturday: 9.00am - 5.00pm
Sunday: Closed

STAFF
The business is owner run and managed with 1 x staff member.

FINANCIAL PROFILE
The business generates a turnover in the region of 45,000 per annum, with a gross profit of approximately 55%.


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