Status: For Sale
Tenure: Leasehold
Leasehold Rent: £23,400 per annum
Turnover: £85,000
Body Repair Shop & Garage For Classic CarsBody Repair Shop & Garage For Classic CarsBody Repair Shop & Garage For Classic Cars
£99,995 + SAV

Body Repair Shop & Garage For Classic Cars

For Sale
  • Reference: 13754 J
  • Location: West Drayton, Hillingdon
State of the art car repair centre offering all car body repairs, alloy wheel repair and refurbishment, car dent removals, car scratch repairs, pain re-sprays, valeting and insurance work
Specialist in the repair of classic cars, specifically known as the garage to take your Aston Martin. Other make expertise includes Lamborghini, Ferrari, Rolls Royce, Bentley and Jaguar.
Owned by our client since 2015.
Established in 2008.
High standards by utilising manufacturers original equipment, replacement parts and paint technology.
Mix own paints on site using the water based paint 'DuPont 'scheme which is now preferred by most insurance companies.
New spray baker installed at cost of £15,000.
Work comes from agreements with car traders, classic car auction leads, private customers, insurance companies and the busy next-door garage who specialise in high performance cars.
Handover period offered
Featured in the popular TV programme 'wheeler dealers 'who stated the work they carried out was 1 of the finest restorations they had ever shown and would recommend to any classic car owner in the U.K.

TENURE

This is a Leasehold opportunity.

Remaining lease until 2021.
Rent £23,400 per annum.

Business rates included in rent payments.

HOURS

The business operates:

Monday to Friday: 8am - 5pm
Some Saturday when required.
Flexible hours due to type of work carried out.
No restrictions on entry to the site.

STAFF

Owner and 2 self-employed mechanics.

FINANCIAL PROFILE

Iver Bodyworx Ltd generated an advised turnover of around £85,000 turnover, as of the 2016 accounts.

£27,500 adjusted net profit.
Modern garage unit on private industrial estate set on brown field land.
The common is situated on the borders of West Drayton town centre.
Ideally situated to the crossover of the M25 and M4 motorways.
Heathrow airport less than 3 miles away.
Customer parking for 6-7 cars at the front of the garage and 3 spaces to the rear of the garage.
Spray baker booth.
DuPont paint mixer.
Scissor ramp.
Over £20,000 of hand tools.
Ground floor garage is 1600ft with roller shutter garage access to both front and back, space for min 6 cars.
Staff toilet.
Mezzanine level is 100ft with office and staff area.

Contact us today for more information

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