Status: Completed
Tenure: Freehold
Turnover: £100,000
Freehold Tyre Auto Care Centre in County DurhamFreehold Tyre Auto Care Centre in County DurhamFreehold Tyre Auto Care Centre in County Durham
£189,950 + SAV

Freehold Tyre Auto Care Centre in County Durham

Completed
  • Reference: 1573
  • Location: Stanley, County Durham
Hilton Smythe welcomes to the market Terry's Tyres Auto Care Centre, a reputable, well established business which has been meticulously owned and run by our client for over 25 years.

Currently, the business is run at a pace to suit our client as he looks forward to retirement.

The business specialises in the sale and repair of tyres from private vehicles, the sale of car exhausts in addition to the undertaking of car repairs and fault diagnosis.

This profitable concern has established a loyal customer base, benefiting from repeat custom; however, due to the size and location of the site, we feel there is the potential to further expand the business by offering additional services, perhaps introducing a MOT station or progressing into car sales.

We believe there is huge potential for the business to further increase turnover and profit by increasing operating hours to include Saturdays and are advised there is considerable room to expand the business, through embarking upon a marketing campaign; currently the business does not undertake any real form of advertising.

We would highly recommend viewing this perfect walk in trading opportunity which offers the new owners a golden opportunity to expand this already profitable, reputable business.

TENURE

We are advised the business of Freehold.

HOURS

The business observes the following trading hours;

Monday to Friday 8.30 am to 5.00 pm.

STAFF

The business is owner run and managed with the assistance of a part time mechanic.

FINANCIAL PROFILE

The business reports a turnover of £100,000 per annum.
The business is located in Stanley, County Durham.
Stanley is a former colliery town and civil parish in County Durham. Centred on a hilltop between Chester-le-Street and Consett, the town lies south west of Gateshead.
Stanley was formerly divided into three distinct settlements, the main town of West Stanley and the mining villages of East Stanley and South Stanley.
Through a process of gradual expansion, these have become amalgamated into one town with East and South Stanley no longer officially used as town names.
The business is situated on Tanfield Lea Road, a prime main road position, set within a densely populated residential area, approximately one mile from the town centre, and is easily accessible from the A1M.
The garage is a brick built, single storey unit with a corrugated roof. The business benefits from a large parking forecourt fronting on to a busy main road.

Within the premises there is a large tyre fitting bay complete with tyre display racking housed to the perimeter walls, two tyre fitting machines, computer wheel balancing machine, and compressor.

The second bay houses 2 x post ramp, workbench, whilst the mezzanine floor offers a storage facility for tyres.

The business office, storeroom, kitchenette and w.c. with washbasin are also housed on the ground floor.
The spacious, well maintained workshop and garage is well signed, benefits from two huge bays and has ample space for customer parking.

Internally, the premises are well lit, extremely well equipped and offer a walk in opportunity for the new owners.