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Garage for sale

High Street,Maltby,Rotherham,S66

£625,000
161 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,732 sq ft (161 sq m)

Key features

  • REF: 2719
  • FREEHOLD CAR DEALERSHIP

Full description

Tenure: Freehold

LOCATION
Gemini Cars occupies substantial ground floor, lock-up premises in an ideal trading location within the town of Maltby, South Yorkshire. The business is located on the business high street and benefits from a very high volume of footfall and passing trade. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business further benefits from ample off street parking facilities to the front of the premises.

Maltby is a former mining town within the Metropolitan Borough of Rotherham, South Yorkshire, although historically it was in the West Riding of Yorkshire. According to the 2011 census, the town had a residential population of 16,856. The town is served by a variety of shops, businesses and a large supermarket. There are several public houses in the town, the oldest of which is the White Swan, which dates back to the 16th century.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is in Conisbrough, which is approximately 6 miles away. The area is also well served by the A-roads, with the business being located on the A631, which links to the national A-road and motorway networks. Rotherham is approximately 10 miles away and Sheffield is 15 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular MOT and vehicle repair centre in Maltby, South Yorkshire.

The old established business has been in our client's careful ownership since 2002 and is only now being offered to the market due to our client's desire for semi-retirement. The business operates 5 days per week and generates a turnover in the region of 280,000 per annum, with a gross profit of approximately 49%.

Our client offers a variety of services including MOTs, vehicle repairs, servicing, diagnostics and tyres. Our client has invested a considerable amount of money in modern up to date equipment including a computerised four wheel alignment service, which very few garages offer, although our client has been too busy to advertise this service, which is capable of producing a good income.

There is potential for a new owner to approach the many companies within a 15 mile radius, who operate fleet vehicles, as our client has been approached in the past by various local companies to look after their vehicles, but again our client has had to turn away the business due to being so busy, therefore this business offers tremendous scope for future development.

The business has built up an enviable reputation within the area for the high quality of the excellent services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

This is an excellent opportunity for a new owner to take this already thriving business with tremendous scope for future development to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Large purpose built, detached industrial unit of approximately 3,200 sq. ft. briefly comprising:

Double roller shutter frontage.
Separate entrance to main reception/office with seating area, reception counter, main office and WC.

Main garage workshop with:

3,200 sq. ft.
Superbly fitted with the latest modern equipment.
Mezzanine tyre store.
3 x MOT bays, one with a pit.
2 x tyre and 2 x wheel balancing machines.
Computerised 4 x wheel alignment machine.
Hydraulic press.
Spring air compressor.
1 x four post ramp.
3 x 2 post ramps.
Nitrogen tyre filling unit.
Waste oil heater.

A full inventory will be made available prior to any purchase.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday - Friday: 8.30am - 5.30pm
Saturday: 8.30am - 1.00pm

STAFF
The business is owner run and managed with 2 x full time and 1 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 280,000 per annum, with a gross profit of approximately 49%.


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