Sold

Repair, Services & MOT Garage

Kettering, Northamptonshire

£14,000 +SAV

Ref: 14639 I

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Description

Hilton Smythe are pleased to welcome to the market Freeland Autos. The business has been operated by the current owner for over 18 years and is well established within the local and surrounding communities offering an excellent service with an unrivalled reputation.
Freeland Autos provides a wide range of services from general motor repairs and servicing, as well as an MOT testing service.

The business offers a new operator an excellent opportunity to take an established business and to put their own spin on things taking advantage of the reputation the current operator has generated; as well as the excellent location of the workshop within the town centre which continues to be very popular.

Freeland Autos returns a healthy nett profit which would be attractive to an individual looking to invest and branch into the sector or for a mobile mechanic looking to expand their customer portfolio and put some roots down in a unit with very affordable rent.

This is a rare opportunity for an individual to invest in an established business in a great location with the current operator being prepared to commit to a hand over period.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity.
The current rent passing at £257 per month.
Lease currently running on a monthly basis with a new lease being made available to the new incoming operator.

Hours

The current owner works Monday to Friday as well as on weekends if required at hours to suit.

Staff

The business is run and managed by the current owner.

Financial Profile

We are advised the business is currently generating a turnover in the region of £40,000 which returns a very respectable adjusted nett profit
There are no business rates payable.
Card payments taken.

Location

Freeland Autos is situated in the centre of Kettering town centre.
The site is easily accessible along the one way system within Ebenezer Place and is located to the left hand side of the industrial estate.

Premises

Brick built lean too workshop with horizontal sliding shutter doors located in a corner plot of Ebenezer Place.
Equipment includes:
• Compressor
• Powerlift crane
• Welding equipment
• Various tools
• Shelving and storage units
• External chemical WC to the front of the site

There is parking for 6 cars.

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