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Garage for sale

Tape Street,Cheadle,ST10

222 sq. m.

Property Description

Commercial information

  • Business for sale
  • 2,389 sq ft (222 sq m)

Key features

  • REF: 2850

Full description

Tenure: Freehold

C R Motorcycles is located just off a main high street in Cheadle, Staffordshire.

Cheadle is a small town with a population of around 16,000. The area is great for business with the A522 which the business is located on being a main road. The road connects both the A52 and A50. There is always a large amount of passing trade throughout each day.

In this area are several independent stores such as the domestic appliance business next door. There is an Asda and a Morrisons just a short walk from the premises. Stoke-On-Trent is around 11.6 miles away. Several bus stops are located within close proximity of the business. Providing good public transport links.

Hilton Smythe is delighted to introduce to the market C R Motorcycles. This store was originally established in 1978 by our client, who is now looking to sell due to the desire to retire.

The business runs as a motorcycle service and repairs garage, and an MOT station. Turnover is further generated from the sales of motorbikes and pedal bikes of which they also offer repairs.

The current turnover for the business is an advised 30,200 per annum, with a gross profit of 68%. Our client currently runs the business at a steady pace to meet his needs. Therefore, with a new owner who is willing and determined, the turnover can be increased.

Over the years the business has earned a great reputation, with fantastic word of mouth referals. The new owner could look into setting up a website, to advertise products and the services available; targeting customers from further afield. The business sells new TGB Scooters for which it is a franchised outlet. Whilst also continuing to sell and service used scooters and motorcycles, primarily Honda. The business is also a franchised outlet for Tiger Cycles.

The business was originally motivated equally between Sales, Service and MOT's, but in later years has become more focussed on Service and MOT's. With a little more focus on the sales there could be a great increase in revenue made.

This is a perfect opportunity for a buyer looking for something they enjoy. The business is already successful and we highly advise a determind new owner to view this business.

The property is a 2 storey building with a car park located to the side of the property. There is also separate access to the workshop. The business is clearly visible with signage all-round the property.

The front of the premises is used as the showroom, this is a large open plan space. The space is well used with some shelving for stock such as children's bikes. There is a large service counter with a glass display, with display shelving behind.

Behind the counter is the office/store room which is fully fitted. There is access from the showroom to the workshop. This area consists of a waiting/viewing area with seating.

The workshop is large with great space. In the workshop is a kitchen area, W/C and a store room for oil disposal.

Equipment included in the sale is as follows-
Cash box
Storage units
Work benches
Shelving and racking
2 x Bench vices
Pillar drill
Motorcycle ramp
Cycle work rack

On the first floor is a storage room and stock room with racking.

To the back of the property is a secure compound area for vehicles waiting for MOT's.

We are advised the business is freehold.

The business opens:-

Monday; 9am - 1pm & 2pm - 5pm
Tuesday: 9am - 1pm & 2pm - 5pm
Wednesday: Closed
Thursday: 9am - 1pm & 2pm - 5pm
Friday: 9am - 1pm & 2pm - 5pm
Saturday: 9am - 4pm
Sunday: Closed

The business is run and managed by the owner.

The business reports a turnover of 30,200 per annum
With a gross profit of 68%

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