Garage for sale

Colin Road,Scunthorpe,DN16

522 sq. m. | £120,000

Property Description

Commercial information

  • Business for sale
  • 5,618 sq ft (522 sq m)

Full description

Tenure: Leasehold

LOCATION
JC Accident Repair occupies substantial lock-up premises in Scunthorpe, North Lincolnshire. The business is ideally located on a busy industrial estate and is surrounded by a wealth of complementary businesses. The business enjoys ample private parking to the front and side of the premises. There is also a gated rear secure compound, which will store many vehicles. The industrial estate is surrounded by a large residential estate and receives a high volume of footfall with much passing trade. Scunthorpe had an estimated residential population of 72,514 people in 2010 and is the third largest settlement in Lincolnshire after Lincoln and Grimsby.

The town is a desirable place in which to live and work, boasting a vibrant nightlife and highly rated restaurants. Scunthorpe is currently undergoing a few regeneration projects/programmes, which include Lincolnshire Lakes, the University of Technology and the new complex, which incorporates a new large Marks and Spencers and Debenhams, which can only mean bigger and better things for the future of Scunthorpe. The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. Scunthorpe Railway Station is approximately one mile away. The property is easily accessed by the A-roads, with the A18, A1029 and M180 within easy driving distance. Doncaster is approximately 26 miles away and Gainsborough is 16 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular body shop/accident repair centre in Scunthorpe, North Lincolnshire. The business was established by our clients` in 2010 and is only now being offered to the market due to our clients` other business interests. The business is open 5 days per week and generates a turnover in the region of 205,500 per annum, with a reported gross profit of approximately 63%.

The turnover is generated from the repair and service of all insurance work from single panel to full re-sprays, private insurance work, fleet and trade work, paintless dent removal and wheel refurbishment. Our clients also offer free quotations, free collection and delivery if required and supply of courtesy cars on request. The business has an excellent reputation within the area for the quality of work and service offered, which has resulted in a very loyal client base with a vast amount of repeat trade, as well as word of mouth referrals.

The business already has an excellent website in place to advertise the business and high quality services offered. We feel there is scope to increase the turnover by embarking on a small advertising campaign to promote the business. A new owner could also increase the opening hours of the business and perhaps open on Sundays. This is an excellent opportunity for a new owner to take this popular and well-established business to the next level; therefore early viewing must come highly recommended.

PREMISES
Ground floor, detached property, briefly comprising:

Reception door leading to;
Waiting area with seating and desk.
Main office with seating and desk.
Large office area (currently unused).
Storage room
Conference room with large table, six chairs and storage cupboard.
Kitchen.
3 x additional offices currently used for storage.
Boiler room (new boiler installed February 2014).
Ladies and gents WCs with wash hand basin.

Workshop:
WC with wash hand basin.
Tearoom.
3 x paint mixing scheme rooms.
Compressor room with storage cabinet and work benches.
Eco spray booth.

Very large workshop area with low bake oven.
Miracle puller (1 year old).
Well-equipped workshop area with miscellaneous tools.

Internal staircase to mezzanine area for storage.
Covered secure area to side of property.

External with:
Large rear gated storage compound.
Excellent signage easily visible from main road.
Additional land adjacent to main road, which would be ideal if a new owner decides to sell any vehicles.
Forecourt area for parking.

The premise has also been fitted with 2 poster ramp in December 2015 and from March 2015 they installed a new tyre fitting machine and wheel balancer.

TENURE
We are advised Leasehold:

Original lease length: 1 year rolling lease.
Rent: 1,276 + VAT per month.

HOURS
The business is open:

Monday - Friday: 8.00am - 5.00pm
Saturday: 8.00am - 1.00pm
Sunday: Closed.

STAFF
The business is owner run and managed with one staff member.

FINANCIAL PROFILE
The business generates a turnover in the region of 205,500 per annum, with a reported gross profit of approximately 63%.

Nearest stations

  • Scunthorpe (0.7 mi)
  • Althorpe (4.1 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

  • Scunthorpe (0.7 mi)
  • Althorpe (4.1 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.

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