Offers in region of
£675,000
(£115.38/sq. ft)
Property for saleCheapest Tyres Coventry, 1165 Foleshill Road, Entrance Arbury Ave, Coventry CV6
5,850 sq. ft
Furnished
Freehold
About this property
Established 30 year business and supply chain included
Good profit margins
Workshop, warehouse and large forecourt
Prime location
Loyal clientele
Description
The property includes a large workshop suitable for up to 8 cars, a warehouse able to store 1000's of tyres with purpose built racking, offices, storage, a very large carpark equipped with security fencing CCTV and hgv gate. The property is being sold with the business 'Cheapest Tyres' which has been operating for over 30 years and is one of the most successful and busiest tyre business in Coventry. The freehold property and business is for sale because the owner is retiring.
The freehold interest is available for sale only in conjunction with the business. Fixtures and fittings are included within the sale, with a full inventory available upon request. The business benefits from an established trading history, generating an annual turnover in the region of £500,000 and producing strong levels of profitability.
Cheapest Tyres has experienced staff and a manager that will stay and knows the business inside and out. The business is extremely busy from Monday to Saturday, there is constant demand due to the company being well situated next to Coventry Football Stadium home of Premier League side, Tesco and Bus Station Arena and of course Foleshill Road, the busiest road in Coventry.
There is scope for a potential buyer to introduce additional services including MOTs, tracking, services, car sales and even open Sunday's.
Location
Cheapest Tyres Coventry is prominently located on Foleshill Road (Entrance via Arbury Avenue). This strategic position places the business in one of the city’s most active commercial corridors, benefitting from high passing traffic, excellent visibility, and easy customer access.
Situated within a well-established mixed-use area which includes Coventry Football Club, Tesco, Bus Station and a host of main stream retailers. The site also enjoys close proximity to Coventry city centre (approx. 1.5 miles south), direct access to key arterial routes including the A444 and M6 motorway (Junction 3). The property also benefits from a densely populated surrounding area, providing a strong local customer base and nearby national and local businesses enhancing the area’s commercial appeal.
Viewings
Viewing by appointment only through the sole agent Bromwich Hardy
Terms
The property is available freehold under title number WK29532
The property includes a large workshop suitable for up to 8 cars, a warehouse able to store 1000's of tyres with purpose built racking, offices, storage, a very large carpark equipped with security fencing CCTV and hgv gate. The property is being sold with the business 'Cheapest Tyres' which has been operating for over 30 years and is one of the most successful and busiest tyre business in Coventry. The freehold property and business is for sale because the owner is retiring.
The freehold interest is available for sale only in conjunction with the business. Fixtures and fittings are included within the sale, with a full inventory available upon request. The business benefits from an established trading history, generating an annual turnover in the region of £500,000 and producing strong levels of profitability.
Cheapest Tyres has experienced staff and a manager that will stay and knows the business inside and out. The business is extremely busy from Monday to Saturday, there is constant demand due to the company being well situated next to Coventry Football Stadium home of Premier League side, Tesco and Bus Station Arena and of course Foleshill Road, the busiest road in Coventry.
There is scope for a potential buyer to introduce additional services including MOTs, tracking, services, car sales and even open Sunday's.
Location
Cheapest Tyres Coventry is prominently located on Foleshill Road (Entrance via Arbury Avenue). This strategic position places the business in one of the city’s most active commercial corridors, benefitting from high passing traffic, excellent visibility, and easy customer access.
Situated within a well-established mixed-use area which includes Coventry Football Club, Tesco, Bus Station and a host of main stream retailers. The site also enjoys close proximity to Coventry city centre (approx. 1.5 miles south), direct access to key arterial routes including the A444 and M6 motorway (Junction 3). The property also benefits from a densely populated surrounding area, providing a strong local customer base and nearby national and local businesses enhancing the area’s commercial appeal.
Viewings
Viewing by appointment only through the sole agent Bromwich Hardy
Terms
The property is available freehold under title number WK29532
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Monthly repayment
£3,376 per month
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