Garage for sale

Littlefield Lane,Wombwell,Barnsley,S73

281 sq. m. | £350,000

Property Description

Commercial information

  • Business for sale
  • 3,024 sq ft (281 sq m)

Key features

  • REF: 2769
  • FREEHOLD
  • TYRE & EXHAUST SPECIALIST

Full description

Tenure: Freehold

LOCATION
Larry`s Tyres Exhausts and MOT Centre is situated on a large plot in Wombwell Barnsley, South Yorkshire. Located in a cul-de-sac the business is surrounded by many independent businesses. The garage is just a 2 minute walk from the main high street.

The high street in Wombwell is within the large town centre. In the area are many eateries, clothing stores, jewellers, card shops and also a Tesco Express and ensures good footfall. This is a great area for a garage as customers can easily leave there vehicle at the garage to be repaired, whilst waiting they are able to do some shopping or just simply admire the area.

The area is served by the public transport system, with bus stops within easy walking distance. There are several stops on the main road, such as Barnsley town and continues to other towns Blacker Hill, Brampton, Darfield. All of which are within just a short driving distance due to the fantastic road links.

Surrounding Wombwell are many major A roads such as the A6195 and A635.

BUSINESS
Hilton Smythe is delighted to introduce to the market Larry`s Tyres Exhausts and MOT Centre.

The garage is one of the largest tyre and exhhaust suppliers in the area, giving this the edge on competitors. Originally established in 1989 by our client, the garage has built up a brilliant loyal client base over the 26 years.

Our client is now looking to sell the business due to the desire for retirement. We believe the owner has done a fantastic job working hard running the business, building up a well known profitiable garage.

The garage currently offers MOT's, repairs, exhaust tests, diagnostics, clutches, tyres both new and part worn. They deliver a service for as little as 59.95 they also provide a free MOT with this. Larrys provides a pick up and delivery service for customers wanting to send their vehicles in for repair. The garage has a website http://larrystyresandexhausts.co.uk/ this has information about the business and also services on offer, there is a price list online.

The advised turnover for the business is currently a healthy 278,582 with a gross profit of 44%. Although already highly profitable the business has been run at a steady pace to suit our client, and could be increased with a determined new owner.

We have been informed that the current owner did at one point offer a 24 hour recovery service and mobile tyre repair for local businesses in the area. They also specialised in body work and car sales. These services are no longer offered but this could be looked into by the new owner, therefore a chance to increase turnover massively.

The garage is well known for its great prices and service in the area, generating a huge amount of word of mouth trade.

Our client would also look into a leasehold option which is negotiable on interest. This is a fantastic opportunity for a new owner looking to run an already profitable business. Our client would also be willing to offer a handover period to the buyer. Therefore we highly advise early viewing.


PREMISES
The 2 storey brick built property is set on a large plot. The premise is a detached garage which is purpose built for the trade. The property is well secured with CCTV surveillance, and is within a securely fenced compound.

The main office reception area is a generous size and has a counter for greeting customers. Just off the reception is a small office and toilet for staff.

The tyre bay which is adjoining the office, is well equipped for the trade and all equipment is included in the sale. This includes two auto tyre machines and a wheel balancing machine. On the ground floor is also a small tyre storage area and a kitchen/washroom.

The first floor is a purpose fitted tyre store room with a secondary storeroom and a shelved storeroom which is currently used for parts and accessories.

Next to the main office is a twin bay single storey brick built workshop with 2 two post ramps.

There is also a detached twin MOT bay, this includes the following equipment-

1 x Two post ramp
1 x Four post ramp
Inspection pit
Single phase and a 3 phase compressor.

The sale also comes with a great selection of diagnostic equipment.

The business comes fully equipped with a computerised MOT office.

The external of the property includes-

Adequate parking facilities
Oil storage unit
Outside twin bay with 2 x two post ramps with an overhead canopy

There is also off road parking for vehicles awaiting repair.

TENURE
We are advised the business is freehold.
A leasehold option would be considered in the region of 125,000. This is to be negotiated with our sales department on request.

HOURS
The business opens:-

Monday-Friday: 8am-5pm
Saturday: 8am-12pm
Sunday: Closed

STAFF
The business is run and managed by the owner with the assistance of 4 full time mechanics including 2 MOT testers.

FINANCIAL PROFILE
The business reports a turnover of 278,582 per annum
With a gross profit of 44%


Nearest stations

  • Wombwell (0.8 mi)
  • Elsecar (2.1 mi)
  • Goldthorpe (3.7 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

  • Wombwell (0.8 mi)
  • Elsecar (2.1 mi)
  • Goldthorpe (3.7 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 2769. 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.

Map data OpenStreetMap contributors.