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Garage for sale

St. Georges Lane, Thornton-Cleveleys, Lancashire, FY5

£30,000

Property Description

Key features

  • REF: 12634
  • LEASEHOLD
  • GARAGE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market R Bebbington Ltd. The garage is very well known in the area and is highly respected with the current owner successfully running the business for over 25 years.

This independent mechanical garage offers a host of services including general repairs and servicing and panel and paint repairs. Our client is highly experienced and also specialises in servicing classic cars, such as Jaguars, TVR, and Austin.

The business reports a healthy turnover of 45,000 for this financial year with a gross profit at circa 52%. However, the business has seen higher turnover in previous years. The business is currently run solely by our client at a pace to suit due to poor health. Previously the garage employed 9 members of staff and we believe with a new owner with a passion and drive for the industry the business has huge potential to reinforce its outstanding reputation as one of the leading garages in the area.

All work is generated via repeat trade and word of mouth recommendations, with no marketing or advertising undertaken. We believe with a modest marketing campaign and introduction of a website new custom can be achieved.

Early viewing is highly recommended.


LOCATION
The business is located in the popular seaside resort of Thornton-Cleveleys, Lancashire.

R Bebbington Ltd is ideally located behind the bustling mail retail street with its abundance of independent retail outlets, eateries, pubs and town centre amenities ensuring a constant footfall in the area.

Thornton-Cleveleys is a quaint seaside town with a delightful newly renovated promenade that sits alongside sweeping sands and a bustling main street lined with shops and cafes. The town is very close to many visitor attractions such as Blackpool, which is just along the coast and the Lake District National Park is just an hour away.

The area is also well served by the A-roads, with the A585 being within easy driving distance, which links to the national A-road and motorway networks. Blackpool is 4 miles to the south and Fleetwood is 3 miles to the north.

PREMISES

Large industrial unit, the business has two entrances. On the right a single door entrance to an office and the left large sliding doors for vehicle access.

Office area with front counter and available parts to purchase.

Workshop is large and can service up to 5 to 6 cars at once, vendor has another small office located in workshop which he uses to bring up mechanical software on a computer.

Toilet is located in building opposite side of the road which vendor also owns but is not for sale..

Equipment included:-

1 X Car lift
2 X portable Diagnostics
Battery Charger
Drill Press
3 X fixed Grinders
Test Bench (rare item)
Compressor
All hand tools included
Computer and parts
Modular tester
Volt meters
Van

Entrance to workshop down a small lane, basic signage to the premises due for an upgrade.

TENURE
We are advised leasehold on a rolling arrangement.
Rent is 7,500 per annum.

HOURS
The business opens:-

Monday to Friday 9.00am - 6.00pm
Saturday 9.00am - 4.00pm
Sunday closed

STAFF
The business is currently owner run and managed.

FINANCIAL PROFILE
The business reports a healthy turnover of 45,000 for this financial year with a gross profit at circa 52%.



Listing History

Added on Rightmove:
21 October 2016

Map & Street View

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