Garage for sale

First Avenue, Kingswinford, West Midlands, DY6

Leasehold 257 sq. m. | £174,950

Property Description

Commercial information

  • Business for sale
  • 2,766 sq ft (257 sq m)

Key features

  • REF 12511
  • LEASEHOLD BUSINESS
  • GARAGE

Full description

Tenure: Leasehold

LOCATION
The business is located on the large and well known Pensnett Industrial Estate in Kingswinford West Midlands. The area is a thriving commercial district.

The area is easily accessible from several A roads and sits in-between Kingswinsford and Dudley with the cities of Birmingham and Wolverhampton within easy commute from the M5 and M6.

BUSINESS
Hilton Smythe welcomes to the market Martin & Griffiths. The business is a specialist Automobile concern. Originally founded by our client over33 years ago and with an enviable reputation and long standing client base.

The business operates from a fully equipped workshop run by a team of professional car mechanics, offering MOT's, vehicle repairs and servicing, air conditioning, diagnostics using state of the art equipment and fleet vehicle maintenance. The business is flourishing and reports a turnover of 280,000 for this financial year with a gross profit of circa 60%.

The business is immaculately presented and maintained with bright visible signage and an abundance of free parking immediately outside the premises. The business has an informative website www.martinandgriffiths.co.uk and a presence on social media.

Early viewing of this highly profitable business is recommended with the business genuinely coming to the market as our client looks towards a well-deserved retirement, but is happy to offer a hand over period to assist with the smooth transition of ownership.

PREMISES
Spacious industrial unit briefly comprising:-

Reception Area
Door to side, L-shaped counter with computer terminal and credit card machine and window to workshop.

Office
Large window to side, 2 desks, window to workshop, perimeter shelving, filling cabinet and freestanding metal storage cupboard.

Workshop
Large workshop with high ceilings and fluorescent lighting, two large windows to front. Roller door to front, MOT bay fitted to latest regulations, tyre bay with racking, tyre machine and wheel balancer, three two poster ramps, air con machine, parts washer, perimeter work benches and gas fired heating.

A wooden staircase leads to a first floor mezzanine providing useful additional storage space and Dexion type racking.

TENURE
We are advised leasehold.
The original lease length is 12 years
6 years remain on the lease
Rent is 16,400 per annum.

HOURS
The business operates:-

Monday to Friday 8.30am - 5.30pm

The business could extend opening hours to include Saturdays to further profit.

STAFF
The business is owner run and managed with the assistance of 2 full time members of staff.

FINANCIAL PROFILE
The business is flourishing and reports a turnover of 280,000 for this financial year with a gross profit of circa 60%.


Nearest stations

  • Lye (3.3 mi)
  • Cradley Heath (3.3 mi)
  • Stourbridge Town (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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

  • Lye (3.3 mi)
  • Cradley Heath (3.3 mi)
  • Stourbridge Town (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 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 12511. 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 Hilton Smythe, 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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