£0 £1000000
£0 £1000000

Land Rover Specialists Hereford

Hereford, Herefordshire

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£189,999 +SAV

Ref: 13773 H

Leasehold

Overview

Hereford 4x4 was founded in 1996 as a Land Rover specialist serving the needs of the many Land Rover owners in the local county area and beyond. It provides an excellent alternative to the Land Rover main dealers garages allowing Land Rover owners to access brand expertise at significantly reduced prices. Since the current owners purchased Hereford 4x4 in 2012 it has significantly prospered. The business prides itself on its membership of the Good Garage Scheme and has a 100% rating. Hereford 4x4 also benefits from a quality website, Twitter and Facebook page with 1,197 likes and fantastic reviews online. The business provides a full range of services providing expertise across the entire range of Land Rover models, from the earliest Series vehicles through to their brand-new models. The business has invested in Symptom Driven Diagnostics (SDD) as used by Land Rover main dealers and is further supported by a full range of specialist tools and equipment. Activities undertaken range from standard servicing right through to minor/major repairs, welding projects, refurbishments, modifications, complete rebuilds, engine replacement, vehicle re-chassis work and expedition preparation. The team also work with customers who want a bespoke Land Rover designed and built to their particular needs and requirements using a base vehicle provided by the customer or sourced by Hereford 4x4. Hereford 4x4 also sells used vehicles, specialising in hand-picked quality used Land Rovers. The business enjoys customers from all over Herefordshire and the surrounding regions with some customers travelling from further afield.

Turnover
2017 accounts will show a turnover of approximately £489,000 with a gross profit of around £192,000. Accounts for previous year’s show similarly strong trading figures.

The business largely runs autonomously under the control of the Service Manager. The business has a team of 4 full time personnel which includes the hands-on Service Manager, a Workshop Supervisor and two Vehicle Technicians.

Monday to Friday 8am – 5pm Saturday 8.30am - 12.30pm

Hereford is the cathedral city and County Town of Herefordshire. With a population of 58,896 it is the largest settlement in the county. The city centre lies on the River Wye approximately 16 miles east of the border of Wales, 24 miles southwest of Worcester and 23 miles northwest of Gloucester. The business is ideally situated in the city, adjacent to the main road to Worcester with easy access to both the city centre and all main arterial routes including the A49 trunk road, A465 and A438 which run through the city centre. The central railway station is nearby and local bus services are within easy reach. The business premises are located within easy walking distance of the city centre.Hereford city centre has recently benefited from a major regeneration project. The £80 million phase 1 opened in spring 2014 and includes a Waitrose supermarket, Debenhams department store, multiplex cinema together with numerous other shops, restaurants and other facilities. The business itself is situated in a modern purpose-built steel framed building easilyaccessible from the main road and with ample parking immediately outside the premises, with a wide range of retail and commercial facilities nearby. The business operates alongside other complimentary businesses and is well signed for ease of access. Hereford 4x4Hereford HR1 1EN

The business is housed in a modern detached industrial unit and is presented in immaculate order and comprises a generous workshop with high ceilings and roller shutter doors, there is a welcoming reception area with generous office space, a separate staff room with kitchen area and toilets. There is a generous rear yard with parking for many vehicles. The premises benefit from a waste oil heater and flue within the workshop area. This is a turnkey business and the sale price includes a comprehensive range of equipment including main dealer level diagnostics with full Jaguar Land Rover subscription together with the supporting computer equipment. A full inventory is available upon request.

Tenure
We are advised Leasehold. This is a rolling lease with a one month notice period.The rent payable is £10,000 per annumAdvised the landlord would be happy to negotiate a new lease for an interested party. There are no business rates currently payable.

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