Hilton Smythe is delighted to introduce to the market Smithfield Garage Ltd. This multi-faceted business was originally founded by our client some 37 years ago and is very well supported by the local community, with the added benefit of heavy passing trade due to its prominent trading location. Smithfield Garage Ltd opens 7 days a week as an Esso branded petrol station, with well stocked shop and workshop, previously branded under the nationally recognised Ford name.
We are advised that 1.7 million litres were pumped in the previous years trading. The workshop is fully fitted for vehicle servicing, repairs and Mot's, and also houses a large glass fronted showroom previously used for car sales, which ceased trading in 2011.
We believe this arm of the business could easily be reintroduced to further income or possibly let out to generate rental income.
This sizable plot provides ample parking for 20-30 vehicles, there is a valeting bay to the side of the workshop and yard at the rear of shop, allowing for expansion if required.
The business yields a phenomenal turnover and is clearly successful due to the longevity of the business which genuinely comes to the market as our client looks towards a well-deserved retirement.
TENUREWe are advised freehold.
HOURSThe business opens:-
Monday to Saturday 7.00am - 8.00pm
Sunday 8.00am - 8.00pm
STAFFThe business is owner run and managed with the assistance of 10 members of staff.
FINANCIAL PROFILEThe business reports a healthy turnover of £2,281,184 with good gross profit.
The shops turnover is circa £5000 per week with gross profit at 25% and is included in the figure above.
The business is located in the historic town of Builth Wells in the county of Powys, in mid Wales.
The business occupies a prominent trading position located just off two arterial roads the A470 and A483, the latter being one of the main Wales north to south trunk roads, heavily used by haulage companies, commuters and the many visitors to the region.
The business is clearly visible with large canopy and prominent Esso signage.
Sales/Workshop - 400m2 showroom/workshop, 2 offices, toilet facilities, large open plan vehicle sales internal area and reception desk. 5 bays with roller shutter doors, 1 x mot bay, 2 x 2 post ramps, 4 post 4 tonne light commercial ramp, full inventory of equipment including, jacks ,hoists, press, compressor, welder, trye fitter and balancer, kitchen, wc, store room.
The forecourt has a canopy over 4 islands with 20 hoses, 130,000 litre storage capacity, 7 tanks and 3 grades.
The Filling station - 90m2 shop, 40m2 store room, tiled flooring, diffused lighting, shelving to perimeter walls to suit trade, 2 x aisles, open chiller bed, single chiller, counter servery with 2 epos, tobacco gantry to rear, office, toilet facilities and store room.