For sale £160,000 - General Retail
Ref Garage B6
A fantastic opportunity to buy a Garage within the heart of Birmingham of 33 years standing ! This is a genuine retirement sale and offers plenty of potential and growth income .
It operates from a 1250 sq. ft premises on the edge of an industrial estate and next to a busy main road …ideal location!
The business has 1 Mot bay, 2 ramps and all tools necessary to compliment a successful venture .
On average the garage enjoys 35Mot,s per week (£45 per mot ) with servicing (av £170 each ) and repairs, the turnover amounts to £200,000 plus ! per annum .
Plenty of potential to add car sales to the garage and maybe a FAST FIT operation.
Initial offers should be based around £174,000 ono (Freehold available )
Established 33 years
3 staff (3 OWNERS ) plus part time receptionist .
Open 6 days -8-5.30pm
Ground rent – £5000 pa and yearly rates £1667 pa
Lease 70 years ….
Competition 1 mile
Premises – 1250 sq ft unit , 4 bays , 4 roller shutter doors ..
Potential – CAR SALES (30 CARS ) INVEST IN Fast fit equiptment to enhance turnover and profit or Car Wash or a Tyre fitting Bay