Retail Property (high street) for sale

GREENBANK STREET, Preston, PR1

£575,000

Property Description

Full description

WELL ESTABLISHED TYRE FITTING, MOT & CARE REPAIRS GARAGE - LANCASHIRE
Early viewing essential to fully appreciate
Advised annual turnover of 200,000
Scope for further development
Ideal partnership opportunity
Situated in the city of Preston
Genuine reason for sale
Superb trading location
FREEHOLD


Location

The business is located just off the main A5085 that runs between Preston and Blackpool. It is surrounded by high density housing and numerous complimentary commercial concerns providing superb opportunities for passing trade. The business is located just outside Preston city centre close to the University of Preston with high numbers of student accommodation in the area. Situated on the North Bank of the River Ribble Preston is a city in north west England which gained it's city status in 2002, it is famous for being a boom town in the industrial revolution. Now the city is a centre for educational excellence with its popular university and increasingly popular commercial base, the city is also well known for it's football team Preston North End and as the former home of the national football museum. Preston is reached easily via the A6 and has superb rail links; the M6 motorway provides access to the UK's wider motorway network.


Business History

Meridian Business Sales are delighted to offer for sale this superb vehicle repairs garage which was established by our clients around 7 years ago. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since the business was established they have continually developed and improved the garage, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at 200,000 which is derived from offering professional tyre fitting, vehicle repairs, MOT's and other garage services. 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: 200,000pa


Tenure

We are advised freehold


Opening Hours

Monday: 8:30am - 5:30pm
Tuesday: 8:30am - 5:30pm
Wednesday: 8:30am - 5:30pm
Thursday: 8:30am - 5:30pm
Friday: 8:30am - 5:30pm
Saturday: 8:30am - 1:00pm
Sunday: Closed


Accommodation

Large purpose built garage unit, briefly comprising:

GROUND FLOOR
Secure shutter door entrance(s)

Open plan workshop

MOT bay

3x ramps

3.5 ton compressor

Various tools/equipment

Office with seating area, desk, computer systems etc

Reception area

Toilet facilities

MEZZANINE FLOOR
Storage space
Tyre display

EXTERNAL
Secure forecourt
Parking for approximately 20 vehicles
2 large storage containers

Nearest stations

  • Preston (1.1 mi)
  • Lostock Hall (3.5 mi)
  • Bamber Bridge (3.8 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

  • Preston (1.1 mi)
  • Lostock Hall (3.5 mi)
  • Bamber Bridge (3.8 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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