Parking/garage for sale in Rennys Lane, Durham DH1

£175,000
Parking/garage for sale
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Property description

Business
Hilton Smythe is delighted to welcome to the market Gilesgate mot & Service Centre. The business was originally established by our client in 1995. The owner has thoroughly enjoyed running the garage in this location and has advised us there is a generous amount of repeat loyal trade. This is down to its long establishment and the brilliant word of mouth reputation that the garage has.

Our client is now looking to sell the business due to the desire to take a well-deserved retirement. The business is currently generating an advised turnover of around £100,000 per annum. This is a great turnover that is generated from mot testing, services, repairs, breakdown recoveries and the sale of tyres.

We feel the garage could benefit from a body shop this would boost trade and is complimentary to this trade. There is a recovery truck that is available on separate negotiation, this is used for the recovery breakdowns. The recovery service is popular and should be promoted more. By advertising the business there should be a clear increase in custom.

The business has a great website which promotes the services available from the garage. We feel this could be better with an online booking system, this would be easier for customers to make appointments and also more convenient.

This location benefits the business as customers can leave their vehicles at the garage to be fixed whilst shopping at the local retail park. The purchaser should look to advertise the business on the retail park with posters, banners, leaflets or in many other ways.

This is a brilliant opportunity for any purchaser looking for this type of business in a highly profitable area. Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Gilesgate mot & Service Centre is located in Durham, County Durham.

The garage is situated on an industrial estate with a generous amount of complimentary trade. In the area is a builders merchants, garage, electronics store, hardware store and much more. Also close by is the Dragonville retail centre this is hugely popular in the town.

The town is well known for its tourist’s attention due to the great heritage that the town has. There are also a range of things to do in the town whether that be sightseeing or hiking.

The business is close by to Durham town centre which is just a short 9 minute drive away. The industrial estate on which the business is located runs next to the A1 motorway. The motorway runs from Newcastle Upon Tyne all the way through to Central London.

Premises
The business is situated in a large brick building that has a great sized drive way running up to it. This is great for customer and staff parking also for those vehicles awaiting service. The property is well signed with a sign above the shutter door.

To the left on entrance is a separate area which is used as the reception and viewing area. The work shop area is long and has an mot testing bay at the front, further equipment includes a large pit and a 4 post ramp.

There is a toilet facility and kitchen area which is located at the rear of the property. To the back is also a generous amount of storage space and an office.

Equipment includes-
mot bay
4 post ramp
Tyre machine
Balancer
Compressor
Engine hoists
Jacks
Diagnostic testing equipment
Computer system
mig welding
Dozer
General tools
Storage racks and shelving

There is a recovery truck available on separate negotiation.

Tenure
We are advised the business is freehold.

Rates Small Business Relief/not payable.

Hours
The business is open-

Monday - Friday: 8:30am – 5pm
Saturday: 9am – 1pm
Sunday: Closed

Staff
The business is run and managed by our client with the help of 2 members of staff.

Financial Profile
The business generates a turnover in the region of £100,000 per annum.

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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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