Parking/garage for sale in Chester Street, Chesterfield S40

£219,950
Parking/garage for sale
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Property description

Business
The business is split into two sectors, with two separate sites. The first site is an Mot and repair garage specialising in class 3,4,5 and 7. The business is also set up for class 1 mot’s.

There is a second site which is also included in the price of the sale, which specialises in carrying out bodywork, has 2 spray booths, and its very own mixing room.

The business is currently run at a pace to suit the business partners due to the fact they are looking to relocate.

This is an excellent opportunity to purchase a thriving business with a huge potential to increase turnover by expanding, and utilising the vast space that both of the warehouse garage units has to offer.

Location
Just cars chesterfield Ltd is split over two sites approximately 3 miles apart, and close to chesterfield town centre.

The main site is 6 miles from junction 29 of the M1 motorway network, and approximately 1 mile from Chesterfield town centre. There is also a train station 1 and a half miles away from the main garage.

Chesterfield is a market town and a borough in Derbyshire, England. It lies 24 miles north of Derby and 11 miles south of Sheffield, at the confluence of the rivers Rother and Hipper. Chesterfield is the second largest town in Derbyshire after Derby itself.

Premises
We are advised that the first site, the mot garage is approximately 4200 sq ft in size, with adequate parking for vehicles at the front, side and rear of the premises. There is a small mezzanine within the warehouse which is currently used for tyre storage. The premises also has a staff area, a large office, and an mot reception and waiting room area.
The second unit is approximately 7500 sq ft, and is used predominantly for undertaking bodywork repairs and spraying vehicles. There is a large amount of storage, which can be used for a variety of different purposes, especially the growth of the business.

There is approximately £120,000 worth of equipment included in the cost of the sale, including –


  • 3 x 2 poster ramps

  • Brand new compressor

  • Hunter tracking machine

  • Snap - on mot bay

  • Oil burner and heater

  • Air con machine, twin gas

  • Snap on diagnostic tools

  • Spray booth

  • Mixing room

  • 2 x 2 poster ramps

  • Racks for tyres

  • Various other tools



Tenure
We are advised that this is a leasehold opportunity, with a 5 year lease in place with 5 years remaining.

We are advised that the rent is £3,000 per calendar month, which covers both sites.

Hours
Monday 8am to 6pm
Tuesday 8am to 6pm
Wednesday 8am to 6pm
Thursday 8am to 6pm
Friday 8am to 6pm
Saturday 8am to 6pm
Sunday closed

Staff
We are advised that there are three full time members of staff, and also the two current owners of the business.

Financial Profile
We are advised that the business is currently turning over a healthy £380,000 as of the 2017 accounts, with a gross profit of circa 12%.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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