Status: For Sale
Tenure: Leasehold
Leasehold Rent: £9,600 per annum
Turnover: £115,027
Family Run Garage In Village LocationFamily Run Garage In Village LocationFamily Run Garage In Village Location
£47,700 + SAV

Family Run Garage In Village Location

For Sale
  • Reference: 13474 G
  • Location: Cambridge, Cambridgeshire
Hilton Smythe welcomes to the market Duxford Garage. The business was established in this location in 1970. Our client then took over the family run garage in 2014 and looks to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a vehicle garage offering services and repairs for all makes and models of vehicle. This includes, MOT preparation or fails, brakes, tyres, exhausts, air conditioning, welding and engine re-builds. Our client and staff are fully qualified with over 50 years' experience. The garage offers a high-quality service, with customer service being a main priority. The garage receives a generous amount of trade, from the locals that live in the area.

The business generates a turnover in the region of £115,000 per annum, with a gross profit of 45%. The premise is in a great location benefiting from heavy passing trade. There is huge scope to further increase the turnover figure. We feel that the purchaser could look to extend the garage, with correct planning permission. This would expand space and could allow for the introduction of MOT's. This would be a great service that could keep a large amount of its customers for all services and repairs.

The business has a website, this is easy to use and promotes services available. The site is included in the sale. We feel that the site could benefit further from an online booking system, to allow for convenience to the customers and staff. The business Facebook page is great for advertising and is kept regularly updated and has over 100 followers.

This is a fantastic well-established garage opportunity that is not to be missed. The garage would be perfect for a sole purchase or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

TENURE

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

Rolling lease.
New lease to be negotiated with purchaser.
Rent: £9,600 per annum

HOURS

The business opening hours: -

Monday - Friday: 8:30am - 5:30pm
Saturday: 8:30am - 1pm
Sunday: Closed

STAFF

The business is run and managed by our client, with the help of family members.

FINANCIAL PROFILE

The business generates a turnover in the region of £115,000 per annum, with a gross profit of 45%.
Duxford Garage is located in Duxford, Cambridge, Cambridgeshire.

The business is situated in a residential location, from which the garage derives much of its trade. There are some independent businesses close by, this includes a beauty salon, nursery and a hair salon.

Duxford is a village just 20 minutes away from the centre of Cambridge. The village was home to a Royal Air Force airbase, the airfield is now a popular tourist attraction, known as the Imperial War Museum Duxford. As of the 2011 census the village had a population of circa 2,099. This is set to have increased slightly due to recent housing developments.

The business is set on a main road in the village. This road connects to the A505 and the M11 motorway network, the road is used as a cut through, attracting heavy footfall and passing trade. Within walking distance of the property are bus stops, these have regular daily routes into Cambridge. The nearest train station is in the centre of Duxford, just a 3-minute drive away.
Duxford Garage boasts a generous sized unit, just off a main road. There is a spacious driveway to the front with ample parking. At the end of the drive are large signs, clearly visible to passing trade.

The unit has large double doors, that open up into the workshop. There is also another door that leads to the reception. The reception doubles up as an office space with comfy seating, desk, office chair and shelving. A door from inside the reception again leads into the workshop.

The workshop is open plan and comes fully equipped. There are windows in the workshop that allow for a bright interior. The unit is not fitted with a toilet or water facilities.

Equipment included in the sale includes: -
Tyre Machine
Wheel balancer
Air con machine
Snap-on diagnostic
Compressor
Welder
2 x Two post ramps
Oxyacetylene kit
3 x Trolley jacks
Bench grinder
Vices
2 x Transmission jack
CCTV all in and working
Computer and printer
Bearing press

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