Hilton Smythe is delighted to welcome to the market this well-established and popular garage and MOT business, which is ideally located in Topsham, Devon.
The business was originally established in 1959 and has been in our client's careful ownership since 1980. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 5 days per week and generates a turnover in the region of £68,550 per annum, with a gross profit of approximately 84%.
Our client offers a wide variety of motor services including car & van servicing, tracking, tyre checks & replacement, car diagnostics, MOT testing on all vehicles, car accident repairs and body repairs, to name a few, as well as providing diesel and petrol fuel. The property boasts 90 sq. metres of floor space, is well maintained and fitted out to suit the trade.
We are advised that the land has been granted planning permissions for three houses.
The business has built up an excellent reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered. The business already has an excellent website in place to promote the business at www.wwpretty-topsham.co.uk.
This is an excellent opportunity for a new owner to take this already thriving and busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised Freehold.
HOURSThe business is open:
Monday - Friday: 8.00am - 5.30pm
Saturday - Sunday: Closed
STAFFThe business is owner run and managed with 2 x full time staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £68,550 per annum, with a gross profit of approximately 84%.
W. W. Pretty & Son occupies substantial ground floor lock-up premises, ideally located within Topsham in Devon. The business is surrounded by densely populated residential properties, from which the business derives much of its trade. The property is located on a busy road and benefits from a very high volume of footfall and passing trade, as well as good car parking facilities to the front of the premises.
Topsham is a suburb of Exeter, on the east side of the River Exe. Topsham is a very popular tourist and visitor destination due to its river walks, wildlife, Saturday morning market, characterful shops, restaurants and inns. According to the 2011 census, Topsham had a residential population of 5,519.
The area of the business is well served by the public transport system, with a bus stop directly opposite the property. Topsham railway station is just a 5-minute walk away. The area is also well served by the A-roads, with the A376 being within easy driving distance, which links to the national A-road and motorway networks. Exeter is approximately 4½ miles away and Exmouth is 6½ miles away.
Substantial ground floor lock-up premises in an ideal trading location, briefly comprising:
Reception/office with desks, PCs, cash register and credit/debit card terminal.
Main workshop with:
2 x pits.
Racking and shelving to perimeter walls.
Hand wash basin.
3,000-gallon petrol fuel pump
1,000-gallon diesel fuel pump
1,000-gallon diesel fuel pump
Forecourt, which will accommodate up to 8 x vehicles.
External vehicle ramp.