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Bristol, Bristol, BS35

£96,000

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR
Garage for sale

Key features

  • Ref:B04562
  • Leasehold

Property description

Business
Please quote reference B04562

Hilton Smythe welcomes to the market this very well-established tyre and exhaust centre. 

The business offers:

•Tyre repairs and fitting
•Exhausts
•Full breakdown services
•M.O.T's by arrangement
•Full range of car, commercial and agricultural batteries
•Shock absorbers
•Brakes and suspensions

Our clients are also specialists in commercial and agricultural tyre fitting, to include, tractor, trailer and ATV tyres.

The business has a good website which can be found at which also offers online booking. They are also active on Facebook.

Even though the business is well established there are still things that could be done to take it to the next level, with more extensive advertising, particularly using social media, longer hours including Sundays and more mobile work.

An internal inspection is very highly recommended to appreciate the quality and potential on offer.

 

 

 

 

 



Location
Miles Tyres and exhaust services is situated in Oldbury on Severn. Oldbury is a more rural setting, with close links to the M5 motorway for easy access to all surrounding areas which offers a small market town location close to the M4 motorway for good access to all surrounding areas including nearby Bristol.

The business itself has been run by the current owner since 2008 and is very well known and established in the areas it covers. The owner is now looking towards a very well-earned retirement.

Oldbury Site - Unit A, Rearing Sheds, Oldbury lane, Oldbury on Severn, BS35 1RF



Premises
The Oldbury site consists of:

•Main workshop

•Good sized customer reception/waiting room

•Office

•Staff room

•Mezzanine level with storage for tyres

•Further mezzanine level with storage room

•Staff WC There is also ample parking and a alarm.

There is a range of equipment included as follows;

•56 plate fitted out Citroen van

•Super tracker alignment centre

•2 x Hoffman Monty 3300 fitting machines

•Hoffman 2 x Geodyna 6300-2 balancers

•Mark iv compressor

•Hunter Hawkeye geometry machine (with up to date software)

•Rav extended four post ramps

•Various tools A range of office equipment to include

•Desks

•Chairs

•Filling cabinets

•Computer work station and printers.

An internal inspection of th site is highly recommended to appreciate what's on offer.



Tenure
We are advised that the business is being sold as a Leasehold opportunity.

The Lease at Oldbury on Severn is a rolling Lease.
The yearly rental figure for Oldbury is £14,480.



Hours
Monday 8:00 am to 5:00 pm
Tuesday 8:00 am to 5:00 pm
Wednesday 8:00 am to 5:00 pm
Thursday 8:00 am to 5:00 pm
Friday 8:00 am to 5:00 pm
Saturday 8:00 am to 1:00 pm
Sunday Closed



Staff
The business run by the owner and 2 other full-time members of staff.



Financial Profile
The accounting information shows a turnover of £311,725 for the year ending March 31st, 2020 with a gross profit of £105,108.

According to the VOA website the current rateable value for Oldbury is £12,750 with rates payable of £6,480 per annum.

Please quote reference B04562



Bristol, Bristol, BS35

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chepstow Station5.3 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

More properties from Hilton Smythe, Bolton

Notes

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Disclaimer - Property reference B04562. 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.

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