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Motorcycle Repair and MOT Servicing Business in Preston, Lancashire for Sale

Preston, Lancashire

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£24,950

Ref: 2427

Leasehold

Overview

Hilton Smythe is delighted to welcome to the market this well established and busy motorcycle repair and MoT servicing business in Preston, Lancashire. The business was established by our client in 2007 and is only now being offered to the market due to our clients desire for a well-deserved retirement. The business operates 5½ days per week and generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 60%. The turnover is generated from offering motorcycle and scooter MoT’s, servicing and accident repairs. The business has developed an excellent reputation within the area for the high quality of the work and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. We feel the business would benefit from establishing of a website to advertise the business and the services offered. A new owner could also embark on a modest marketing campaign to promote the business. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Turnover
The business generates a turnover in the region of £85,000 per annum, with a gross profit of approximately 60%.

The business is owner run and managed with 1 x staff member.

The business is open: Monday – Friday: 8.30am – 5.30pmSaturday: 8.00am – 12.00pmSunday: Closed

Dave Helm Motorcycles occupies substantial industrial premises, ideally located on a busy industrial estate in the city of Preston, Lancashire. The business is situated in a prime trading location and is surrounded by a wealth of complementary businesses. The business benefits from vehicle parking facilities to the front of the premises. Preston is located on the north bank of the River Ribble and gained city status in 2002, becoming England’s 50th city in the year of the Queens 50th year as monarch. The City of Preston has a residential population of 132,000 and the Preston built-up area has a population of 313,322. The town centre is approximately 2½ miles away from the business and offers all the amenities needed for everyday living. The area of the business is served by the public transport system, with bus stops just outside the industrial estate entrance. Preston railway station is just 2 miles away. The area is also well served by the A-roads, with the business being situated just off the A583, which links to the vast A-road and motorway networks. Blackpool is approximately 14 miles away and Blackburn is 14½ miles away.

Substantial unit in a prime trading location, briefly comprising: Main workshop with: MoT bay.Tyre machine.Compressor.2 x motorcycle ramps.Grinders.Sonic carburettor cleaner.Racking and fittings.Laptop and printer for MoTs. Office,WC facilities in main building. External with:Full shutters.Ram raid bar.Monitored alarm.Secure gate with buzzer entrance to unit.

Tenure
We are advised Leasehold: Original lease length: 5 yearsRent: £397 per month

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