Status: For Sale
Tenure: Leasehold
Leasehold Rent: £3,100 per quarter
Turnover: £132,000
Busy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For SaleBusy Vehicle Repair Business in Cumbria For Sale
£135,000 + SAV

Busy Vehicle Repair Business in Cumbria For Sale

For Sale
  • Reference: 12793 A
  • Location: Carlisle, Cumbria
Hilton Smythe is delighted to welcome to the market this well-established and very busy vehicle repair business, which is ideally located within the city of Carlisle, Cumbria.

The business was established by our clients in 2007 and is only now being offered to the market due to our clients' desire for a well-deserved retirement. The business currently operates 5½ days per week and generates a turnover in the region of £132,000 per annum, with a gross profit of approximately 78%.

Our clients offer a wide variety of services including paint & bodywork repair, alloy wheel refurbishment, window tinting, engine tuning, paintwork protection, part worn tyres and fitting service, to name a few. Our clients work on all makes and models of vehicles including cars, commercials, 4 x 4's and motorbikes.

The business has built up an excellent reputation within the industry for the very high quality of the work and 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 weekend 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 advertise the business and services offered at www.chip-it.org.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.

TENURE

We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 3 years as of August 2016
Rent: £3,100 per quarter

HOURS

The business is open:

Monday - Friday: 8.00am - 5.00pm
Saturday: 8.00am - 12.00pm
Sunday: Closed

STAFF

The business is owner run and managed.

FINANCIAL PROFILE

The business generates a turnover in the region of £132,000 per annum, with a gross profit of approximately 78%.
Chip-It occupies substantial ground floor, lock-up premises, ideally located within the city of Carlisle in Cumbria. The property is situated on a large industrial estate and is surrounded by complimentary businesses, therefore, benefiting from a high volume of footfall and passing trade. The industrial estate is set near densely populated residential areas, from which the business derives much of its trade. The business further benefits from excellent car parking facilities to the front of the premises.

Carlisle is a city and county town of Cumbria. It is the largest city in the county of Cumbria and according to the 2011 census, the city had a residential population of 75,306, with 107,524 in the wider city area. The city is the main cultural, commercial and industrial centre for north Cumbria and is the home to the main campuses of the University of Cumbria and a variety of museums and heritage centres.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Carlisle railway station is less than one mile away. The area is also well served by the A-roads, with the A595 being within easy driving distance, which links to the national A-road and motorway networks.
Penrith is approximately 20 miles away and Keswick is 28 miles away.
Substantial ground floor, lock-up premises in an ideal trading location, briefly comprising:

Workshop 1:

Large industrial unit with wall racks for storage.
Main tyre shop.
Bodywork booth with large double doors.

To the rear:

WC.
Store room.
Stairs to office area.

Workshop 2:

Large industrial unit with 2 x post ramp.
WC to rear.
Small office space with work bench.

External:

Staff and customer parking for several vehicles.

Contact us today for more information

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