Status: Completed
Tenure: Leasehold
Leasehold Rent: £100 per week
Turnover: £50,000
Fully Equipped Garage For SaleFully Equipped Garage For SaleFully Equipped Garage For Sale
£23,500 + SAV

Fully Equipped Garage For Sale

Completed
  • Reference: 2572
  • Location: Sheffield, South Yorkshire
Hilton Smythe are delighted to introduce to the market Chris Harrison Motors. The business was originally founded by our client some 20 years ago and only now does the business come to the market as our client looks towards a well-deserved retirement.

The business reports an annual turnover of £50,000 with gross profit of 76%, with we believe huge potential for growth as currently the business is solely run by our client at a pace to suit. The garage provides a host of services including servicing and repairs, pre MOT checks and electric work.

Chris Harrison Motors is well supported by the local community seeing much repeat trade. However, we believe the business would greatly benefit from a modest marketing campaign and certainly the introduction of a website would be beneficial to further promote awareness of the business.

The garage is a very good size and fully equipped, allowing for expansion if required. We are advised that there is an Auto Electrician business occupying a lean-to at the end of the premises.

This is a well-established business ready for a new owner with enthusiasm and drive capable of taking the business to the next level.

TENURE

We are advised leasehold
With a new lease to be negotiated.
Rent will be in the region of £100 per week.

HOURS

The business currently opens depending on work, usually 9.00am - 5.00pm Monday to Friday.

STAFF

The business is solely run and managed by our client.

FINANCIAL PROFILE

The business reports an annual turnover of £50,000 with gross profit of 76%, with huge potential for growth.
Chris Harrison Motors is located in the City of Sheffield, South Yorkshire.

The business is located within a busy commercial area of the city, but close to many residential homes from which the business derives much trade. The garage is easily accessible sitting just off the arterial A61 a major commuter road in the city.

Sheffield gained an international reputation for steel production and is now a cosmopolitan city housing circa 551,800 residents. The A57 and A61 provide excellent road links to the city and the city boasts a mainline railway station and regular bus network.
Single storey detached premise of brick construction with corrugated roof.

The garage is substantial and is divided into four identifiable areas.

Bottom garage with swing doors, with room for 1 vehicle. Office and canteen behind with toilet facilities.

Main garage/repair shop with 2 post ramp. Waiting room with sliding door.

Top garage with pit room for 2 cars, 2 sliding doors.

Lean to occupied rent free by Auto Electrician.

Equipment includes:-
2 post ramp
Compressor
Engine hoist
Spring clamp
Tables and chairs
Air tools
Fridge

The business benefits from an alarm system and a large car park to the front with 8 allocated spaces.