For Sale
Popular MOT And Car Services Garage
Tredegar, Blaenau Gwent
- Asking Price: £650,000 +SAV
-
Turnover:
The accounting information shows a turnover in the region of £1,200,000 for 2019. This resulted in a gross profit in the region of £270,000 and net profit in the region of £100,000.
Please quote reference 14707
- Tenure: Freehold
Please quote reference 14707
Hilton Smythe welcomes to the market this very well-established car sales, repair, MOT, tyre and servicing specialist, offering an ideal location with large open plan buildings.
The business itself has been run by the current family owners for more than 40 years and is very well known in the area, with long standing repeat and referral private and fleet customers. They have been in the trade for many years and are now looking towards a very well-earned retirement.
The business is separated into 3 main sections, 2 large workshops and car sales showroom, offering much scope for further expansion and development. It is highly versatile, primarily equipped to high industry specifications to undertake class 4 and 7 MOTs’, together with a range of general auto mechanical repairs, maintenance, diagnostic, tyre, clutch, brake and exhaust services for most petrol and diesel cars and light commercial vehicles.
It is a “one stop shop” which also conducts a complimentary car sales operation, offering an excellent choice of quality used vehicles with ample scope for continued growth.
They are AA & RAC approved and are registered for AA breakdown. They also have 1 large and 4 smaller fleet contracts.
Even though the business is well established, it would benefit greatly by adopting a far more vigorous marketing policy, with online advertising and use of social media, together with longer hours to take it to the next level.
Please see the website at http://sirhowygarage.co.uk . An internal inspection is very highly recommended to appreciate the potential and quality on offer.
The business is currently run by the owners (2 partners) and 4 other members of staff, 1 part time and 3 full time.
Monday to Friday: 8:00a.m.to 5:30 p.m.
Saturday - Closed.
Sunday - Closed.
Sirhowy Garage is situated in a perfect location on a busy, main road on the outskirts of Tredegar.
Tredegar is a town and community situated on the banks of the Sirhowy River in the county borough of Blaenau Gwent, in South East Wales. Located within the historic boundaries of Monmouthshire, it became an early centre of the Industrial Revolution in South Wales. The relevant wards collectively listed the town's population of 9,473 people in the UK 2011 census.
It is also situated only 2 miles from Ebbw Vale, a busy town at the head of the valley formed by the Ebbw Fawr tributary of the Ebbw River in Wales.
It is the largest town and is close to the administrative centre of Blaenau Gwent county borough. The Ebbw Vale and Brynmawr conurbation has a population of roughly 33,000 people.
Easy access is also gained to all surrounding areas via the A465, heads of the valley trunk road, East and West and the A470 North and South.
The premises are set within very large open plan buildings, covering a very spacious 893 sqm (nearly 10,000 square feet).
It has a large car showroom to one end, 2 large workshops, together with reception, 2 offices, kitchen, store, WC and further mezzanine storage area. To the rear there is also a further good sized building which could be used as further workshop etc if required.
The owners are happy to pretty much walk away from the business as it is, so you have a very extensive range of valuable equipment included as follows; MOT bay for class 4 & 7 vehicles, 4 commissioned ramps/lifts, with a 5th one pending for March 2018, tyre bay with changer and balancer only around 18 months old, 2 compressors, an extensive range of tooling and racking and various office equipment, desks and chairs.
The buildings are accessed via full height roller shutter doors and have a fitted alarm system. We also have a very good-sized yard to the front with ample parking and a car sales display area, plus further yard to the rear.
Opportunity for Residential Development on the edge of Brecon Beacons National park.
Tenure
The premises are set within very large open plan buildings, covering a very spacious 893 sqm (nearly 10,000 square feet).
It has a large car showroom to one end, 2 large workshops, together with reception, 2 offices, kitchen, store, WC and further mezzanine storage area. To the rear there is also a further good sized building which could be used as further workshop etc if required.
The owners are happy to pretty much walk away from the business as it is, so you have a very extensive range of valuable equipment included as follows; MOT bay for class 4 & 7 vehicles, 4 commissioned ramps/lifts, with a 5th one pending for March 2018, tyre bay with changer and balancer only around 18 months old, 2 compressors, an extensive range of tooling and racking and various office equipment, desks and chairs.
The buildings are accessed via full height roller shutter doors and have a fitted alarm system. We also have a very good-sized yard to the front with ample parking and a car sales display area, plus further yard to the rear.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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