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Parking/garage for sale

£45,000

Unit 1A, Gupta Industirial Estate, West Bromwich B69

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Property description

Business
Hilton Smythe is delighted to welcome to the market the Engine and Gearbox Centre. This family run concern has been established for over 30 years. The business has an excellent reputation and benefits from a monopoly trading position with very little competition in the area.

According to accounts year ending March 2015, the business reports a yearly turnover of circa £62,800 per annum. With revenue derived from the repair of engines and gearboxes for cars and light commercial vehicles, general servicing and repairs. Clients include several lucrative account customers and our client advises that they are currently turning away business as the business is being run at a pace to suit our client due to his impending retirement.

The unit is fully equipped to suit the trade and we are advised that our client has plans and permissions in place for a new mot bay which will greatly boost income. This friendly and professional outfit also offers a collection and delivery service within and around a 10 mile radius and included in the sale is a 55 plate Vauxhall van.

The Engine and Gearbox Centre has an informative website in situ We believe a new owner could further market the business on social media websites and extending opening hours to cover weekend trade could prove profitable.

The business is exempt from paying business rates.

Early viewing of this long established and reputable business is highly recommended, with our client willing to offer a hand over period if required.

Location
The Engine and Gearbox Centre is located on the Gupta Industrial Estate in Oldbury, West Midlands.

The business is easily located just off the A4034 and ideally positioned a short drive away from the M5 motorway. The business is situated within a housing and industrial area of the town from which the business derives much trade.

Oldbury lies just south of West Bromwich with Dudley to the West and Smethwick and the City of Birmingham to the East.
Premises
Industrial unit briefly comprising:-

Roller door to front, good head height with fluorescent lighting, 1 two poster ramp, 1four poster ramp, workbench with grinder, steel perimeter shelving, Engine hoist, we Clark mig welder, additional workbenches, steel workbench with vice, parts washer, diagnostic machines, gas bottles, compressor, gas space heater and washing machine.

Office

Small office with two desks and computer terminal

Staff toilet facilities.

Separate storage cupboard

There is a large secure yard to the front and side of the business. The business is well maintained with effective signage. With additional signage from the main road.

The business is exempt from paying business rates.
Tenure
We are advised leasehold on a rolling lease arrangement.

The original lease length is 12 months

Rent is £10,400 per annum.
Hours
The business opens:-

Monday to Friday 8.30am – 5.00pm
staff
The business is run by our client and his son.
Financial profile
According to accounts year ending March 2015, the business reports a yearly turnover of circa £62,800 per annum.

What Zoopla users think of Oldbury

Overall rating:

  • currently 3.5 stars
Good - 72% (97 ratings)

Ratings breakdown:

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Nearby transport

  • Sandwell & Dudley (0.3 miles)
  • Langley Green (1.2 miles)
  • Smethwick Galton Bridge (1.7 miles)
  • Birmingham International Airport (12.0 miles)
  • Coventry Airport (24.7 miles)
  • East Midlands Airport (36.6 miles)
  • Sharpness Old Docks (57.6 miles)
  • Lydney Harbour (59.0 miles)
  • Woodside Birkenhead Ferry Terminal (73.9 miles)

Nearby schools

View all schools in Sandwell
  • Christ Church CofE Primary School (0.3 miles)
  • St Francis Xavier Catholic Primary School (0.4 miles)
  • Rounds Green Primary School (0.5 miles)
  • Health Futures UTC (1.2 miles)
  • Sandwell College (1.2 miles)
  • Sandwell Valley School (1.7 miles)
  • The Meadows Sports College (0.5 miles)
  • Ormiston Sandwell Community Academy (0.9 miles)
  • George Salter Academy (1.2 miles)
Note: Distances are straight line measurements

Local info for Sandwell

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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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