Cheadle Road, Cheadle, Greater Manchester, SK8
- SIZE
Ask agent
- SECTOR
Garage for sale
- USE CLASSUse class orders: B2 General Industrial
B2
Key features
- REF:3062
- Turnover £739,865
- Leasehold sale New lease available
- Genuine reason for sale
- Prime location within thriving residential and industrial area
Description
This leasehold business is available for £295,000.00+ SAV, with a new lease available to approved candidates. The well-equipped workshop unit (70.3m2) handles general motor repairs and diagnostics. Additionally, as a member of a national company service network, the garage adheres to high standards and enjoys top-tier business support. The network offers members a wide range of products and services, enhancing business operations and competitiveness.
The concern has maintained a healthy financial position, with a reported turnover of £739,865 and a Gross Profit of £335,368 for the year ended 31 January 2024. Full accounts and disclosure will be available after a successful viewing, underscoring the business's viability and potential as an investment.
In summary, this is a highly desirable business with a long trading history, a strong client base, and a prime location. Viewing is highly recommended to appreciate the quality and potential of this leasehold tyre and automotive repair business. The current lease has expired; however, we are advised (subject to landlord approval) competitive new lease terms are available. With significant scope to increase turnover and regular repeat trade, this genuine sale represents an excellent investment opportunity.
Prime location within thriving residential and industrial area
Turnover £739,865, GP £335,368, EBITDA £160,131
Vast scope to increase turnover
Competitive new lease terms available (Subject to approval)
High customer retention
Genuine reason for sale
Brochures
Cheadle Road, Cheadle, Greater Manchester, SK8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheadle Hulme Station0.5 miles
- Gatley Station1.6 miles
- Heald Green Station1.7 miles
Notes
Disclaimer - Property reference 3062. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOVEREIGN BUSINESS TRANSFER, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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