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Garage for sale

Thomsons Of AlloaHill Street,Alloa,FK10

351 sq. m. | £139,995

Property Description

Commercial information

  • Business for sale
  • 3,778 sq ft (351 sq m)

Full description

LOCATION
Hill Street Garage occupies substantial ground floor premises, ideally located in the town of Alloa, Clackmannanshire. The business benefits from on-street parking to the front of the premises and is surrounded by mainly residential properties, from which the business draws much of its trade. Alloa town centre is just a short walk away and possesses a wealth of shops, businesses and amenities. The town is set in the Central Lowlands of Scotland and lies on the north bank of the Firth of Forth, close to the foot of the Ochil Hills.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Alloa Railway Station is approximately 10 minutes` walk away. The area is also well served by the A-road system with the A908 within easy driving distance, which links to the vast A-road and motorway networks. Stirling lies approximately 8 miles to the west and Falkirk is 12 miles to the south.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy MoT and service/repair garage in Alloa, Clackmannanshire. The business was established in 1972 and has been in our clients` careful ownership since 1994. Only now is the business being offered to the market due to our clients` desire for a well-earned retirement. The business is open 6 days per week and generates a turnover in the region of 81,000 per annum, with a reported gross profit of approximately 64% as per 2015 accounts.

The turnover is generated from vehicle repair, servicing and MoT testing on all makes and models of cars and vans. The business has an excellent reputation within the area for the high quality of service offered, which has resulted in a very loyal client base with a vast amount of repeat trade and word of mouth referrals. The property boasts a small car showroom that is currently not being utilised and a new owner could use this to sell new and used vehicles.

There is also scope to increase the turnover by a small marketing campaign to highlight the business and services offered. A new owner could also launch a website to generate more trade. The premises are well-equipped to suit the trade with a large range of tools and equipment. This is an excellent opportunity for a new owner to take this busy and thriving business to the next level; therefore early viewing must come highly recommended.

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

Main service area with:
3-tonne vehicle lift.
Rolling road.
Four-post lifts.
MoT testing area.
Work bench.
Diagnostic equipment.

MoT office area with Computer.

Parts storage area with shelving to suit trade.

Main office and customer waiting area.

Showroom with space to display 2-3 vehicles.
Showroom office area.
Staff WC with wash hand basin

External with:

On-street parking to front.

TENURE
We are advised Freehold

HOURS
The business is open:

Monday - Saturday: 9.00am - 5.30pm
Sunday: Closed

STAFF
The business is owner run and managed with two staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 81,000 per annum, with a reported gross profit of approximately 64% as per 2015 accounts.


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