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Garage for sale

Longbeck Lane, TS11

£325,000

Property Description

Commercial information

  • Business for sale

Key features

  • REF: 13414 A
  • FREEHOLD
  • PETROL STATION
  • GARAGE

Full description

Tenure: Freehold

BUSINESS
Hilton Smythe welcomes to the market Brighton Motor Services. This is a well-established business that first opened in 1968. The petrol station and garage are located on a busy main road. This is a great location for this type of business. Our client has run the business to an exceptional standard; however, the business in now being offered to the market, due to our clients desire to take a well-deserved retirement.

This is a multi-facet business that offers an exception range of services. Included in the sale is a fully functioning petrol station and garage. The garage business compliments the petrol station well and receives a large amount of trade from this. The station has a shop which sells some confectionery and maintenance products for vehicles.

The garage is able to conduct a variety of services, this includes, services, MOT's, MOT repairs, timing belts, tyres and much more. Recovery, courtesy cars and bodywork are also available, again these are great extras that have proven to be very popular.

The business generated a turnover in the region of 554,000 as of the 2016 accounts, with a gross profit of 34%. This is an exceptional turnover, with further scope to increase this figure.

The petrol station is currently only open 6 days a week; closed on Sundays. The purchaser could look to open 7 days a week and open later hours. This would allow for some extra trade, therefore increasing income.

We feel that the garage could further benefit from a little extra advertising. This is a long-established business that thrives from loyal custom and word of mouth recommendations. A social media page would be a great cost effective way of marketing the business.

Brighton Motor does already have a business website. (www.brightonmotorservices.co.uk) The site has a brief description of services available. This site could be improved with an online booking system for the garage; this would be a great convenience to customers and staff.

This is a fantastic Freehold opportunity that would be perfect for an experienced purchaser. The business is fast paced and would be ideal for a partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Brighton Motor Services is located in Redcar, North Yorkshire.

This petrol filling station is ideally located on a main road through the village of New Marske. This is an excellent location that benefits from heavy footfall and passing trade. Just a short walk from this location is residential housing, from which the business derives much of its trade. Next door to the property is a bar and further down the road is a pub and convenience store.

New Marske is a village set on a hill side just a mile south west of Marske-By-The-Sea. The former mining town has recently been commemorated and Errington Woods has undergone a transformation. The woods are popular with mountain bikers and hikers as there are several tracks and routes to follow.

The road on which the business is located connects to the A174 and runs directly into Marske-By-The-Sea. There are several bus stops close by and the closest train station is in Marske-By-The-Sea. This is a great location for the business to be located.

PREMISES
Brighton Motor Services boasts a substantial sized plot on a main road location. This premise is clearly visible to passing trade.

At the front of the premise is the filling station, cars can drive in one way and out the other. There are 3 pumps, one being a twin. The shop is used for payment and for the purchase of confectionery and motoring essentials, such as oil.

To the right of the forecourt is an airline and vacuum machine for cleaning. There are also dedicated parking bays for MOT test cars.

To the left of the forecourt is additional parking with further space available to the rear of the shop.

Underneath the forecourt are 3 storage tanks for the fuel, with 22,500 litre capacity across the 3 pumps. The total area covered by the garage is 18,000 square feet.

The main garage workshop is a separate building to the left. The brick built workshop houses the MOT bay with rolling road and 4 poster ramp. Additional to this are three 2 post ramps, allowing 4 mechanics to work simultaneously. An extra workspace allows work to be done on vehicles which do not require ramp access. This area is also the main tool storage area.

A tyre store is at the back of the workshop.

At the rear is an office, toilet and MOT viewing area for the customers.

Other equipment included in the sale: -
Compressor
Tyre machine
Wheel balancer
3 diagnostic kits
Air condition machine
Engine hoists
Jacks
General garage equipment

TENURE
We are advised the business is being sold as a Freehold opportunity.

HOURS
The business opening hours: -

Monday - Friday: 8am - 6pm
Saturday: 9am - 2pm
Sunday: Closed

STAFF
The business is run and managed by our client and wife, with the help of three full time mechanics and three-part time petrol forecourt members of staff.

FINANCIAL PROFILE
The business generated a turnover in the region of 554,000 as of the 2016 accounts.
Gross profit 34%



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