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Freehold Garage With Ample Assets Included For Sale

Lytham St Anne`S, Lancashire
Asking Price:
£239,995
Sales Revenue:
£248,758
Cash Flow:
Available on request

Business
Hilton Smythe are delighted to bring to the market Jump Leads, a well-established servicing and car repairs business.

The garage was established over 28 years ago. The business has built a large and loyal client base over that time and has lots of repeat custom. The garage is now being offered for sale due to the current owner wishing to retire.

There is plenty of scope for improvement, and would further benefit from advertising and using modern marketing websites.

The current owner also stocks used cars for sale and has ample secure space to the side of the building to store the current cars for sale.

The garage currently offers a range of services including servicing, parking sensor fitting, fuel injection work, clutch, gear box repair and general repair.

The business currently benefits from recommendations and referrals. The business would ideally suit a new owner who could build upon the foundations laid down and push the business forward.

Jump Leads has a superb trading location providing a profitable annual turnover. The premises are well equipped, and viewings are highly recommended to apricate the location and potential of the business.

Location
Jump Leads is located on Press Road, within Lytham Saint Anne’s.

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. There are also several railway and tram stations nearby; the closest being North Crescent Station just 7 minutes away.

The area is also well served by the A-roads leading to the M55 motorway network.

Premises
Large open plan workshop with ample shelving and storage areas. separate office, staff kitchen, WC and storage room.

Included in the sale:
Tyre balancer
2 x 2 poster ramps
1 x 4 poster ramp
2 x diagnostic machines
All hand tools
Compressor

The premises are fully alarmed with a roller shutter at the entrance and metal gating to the side car storage.

Tenure
We are advised the garage is Freehold.

Hours
Monday – Friday: 9.00am - 4.00pm
Occasional Saturday: 9.00am - 1.00pm

Staff
Owner ran with 4 full time staff members.

Financial Profile
The 2016 -2017 accounts showed a turnover of circa £249,000 with a gross profit of 35%.

Property information

Property:

Freehold

Contact Information

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