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Parking/garage for sale

£47,700

40 Moorfield Road, Cambridge CB22

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Property description

Business
Hilton Smythe welcomes to the market Duxford Garage. The business was established in this location in 1970. Our client then took over the family run garage in 2014 and looks to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a vehicle garage offering services and repairs for all makes and models of vehicle. This includes, mot preparation or fails, brakes, tyres, exhausts, air conditioning, welding and engine re-builds. Our client and staff are fully qualified with over 50 years’ experience. The garage offers a high-quality service, with customer service being a main priority. The garage receives a generous amount of trade, from the locals that live in the area.

The business generates a turnover in the region of £115,000 per annum, with a gross profit of 45%. The premise is in a great location benefiting from heavy passing trade. There is huge scope to further increase the turnover figure. We feel that the purchaser could look to extend the garage, with correct planning permission. This would expand space and could allow for the introduction of mot’s. This would be a great service that could keep a large amount of its customers for all services and repairs.

The business has a website, this is easy to use and promotes services available. The site is included in the sale. We feel that the site could benefit further from an online booking system, to allow for convenience to the customers and staff. The business Facebook page is great for advertising and is kept regularly updated and has over 100 followers.

This is a fantastic well-established garage opportunity that is not to be missed. The garage would be perfect for a sole purchase or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Duxford Garage is located in Duxford, Cambridge, Cambridgeshire.

The business is situated in a residential location, from which the garage derives much of its trade. There are some independent businesses close by, this includes a beauty salon, nursery and a hair salon.

Duxford is a village just 20 minutes away from the centre of Cambridge. The village was home to a Royal Air Force airbase, the airfield is now a popular tourist attraction, known as the Imperial War Museum Duxford. As of the 2011 census the village had a population of circa 2,099. This is set to have increased slightly due to recent housing developments.

The business is set on a main road in the village. This road connects to the A505 and the M11 motorway network, the road is used as a cut through, attracting heavy footfall and passing trade. Within walking distance of the property are bus stops, these have regular daily routes into Cambridge. The nearest train station is in the centre of Duxford, just a 3-minute drive away.
Premises
Duxford Garage boasts a generous sized unit, just off a main road. There is a spacious driveway to the front with ample parking. At the end of the drive are large signs, clearly visible to passing trade.

The unit has large double doors, that open up into the workshop. There is also another door that leads to the reception. The reception doubles up as an office space with comfy seating, desk, office chair and shelving. A door from inside the reception again leads into the workshop.

The workshop is open plan and comes fully equipped. There are windows in the workshop that allow for a bright interior. The unit is not fitted with a toilet or water facilities.

Equipment included in the sale includes: -

Tyre Machine

Wheel balancer

Air con machine

Snap-on diagnostic

Compressor

Welder

2 x Two post ramps

Oxyacetylene kit

3 x Trolley jacks

Bench grinder

Vices

2 x Transmission jack

CCTV all in and working

Computer and printer

Bearing press
tenure
We are advised the business is being sold as a Leasehold opportunity.

Rolling lease.

New lease to be negotiated with purchaser.

Rent: £9,600 per annum
hours
The business opening hours: -

Monday - Friday: 8:30am – 5:30pm

Saturday: 8:30am – 1pm

Sunday: Closed
staff
The business is run and managed by our client, with the help of family members.
Financial profile
The business generates a turnover in the region of £115,000 per annum, with a gross profit of 45%.

What Zoopla users think of Duxford

Overall rating:

  • currently 3.5 stars
Good - 73% (11 ratings)

Ratings breakdown:

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Community & safety
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Entertainment & nightlife
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Parks & recreation
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Nearby transport

  • Whittlesford Parkway (0.6 miles)
  • Great Chesterford (2.9 miles)
  • Shelford (Cambs) (3.7 miles)
  • London Stansted Airport (15.0 miles)
  • London Luton Airport (27.2 miles)
  • London City Airport (41.1 miles)
  • East India Pier (41.4 miles)
  • North Greenwich Pier (41.6 miles)
  • Woolwich Ferry North Pier (41.6 miles)

Nearby schools

View all schools in South Cambridgeshire
  • Duxford Church of England Community Primary School (0.2 miles)
  • William Westley Church of England VC Primary School (1.2 miles)
  • The Bellbird Primary School (2.0 miles)
  • UTC Cambridge (5.3 miles)
  • Long Road Sixth Form College (5.8 miles)
  • Abbey College Cambridge (6.3 miles)
  • Sawston Village College (2.1 miles)
  • Holme Court School (3.6 miles)
  • Granta School (4.8 miles)
Note: Distances are straight line measurements

Local info for South Cambridgeshire

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For more information about this property, please contact
Hilton Smythe Commercial, 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 Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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