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Parking/garage for sale

£35,000

13 Market Place, Hatfield AL10

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Property description

Business

Hilton Smythe welcomes to the market Twist & Go Motorcycle which was established approximately 25 years ago and owned by our client for the previous 7 years. The business genuinely comes to the market as our client wishes to move to another part of the country.

Twist & Go is a motorcycle repair, service centre and mot centre, well known in the area, with good support from local residents, in addition to good connections to many insurance companies.

All work is derived from the existing client base or word of mouth recommendations, with currently no advertising undertaken. We believe the purchaser should invest in a webpage and have a presence on social media to promote the business to new custom.

The business is currently solely run by our client at a pace to suit. However, previously our client has employed several staff to meet demand. Giving scope for the purchaser to expand the business again if desired.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location

Twist & Go Motorcycle is located in Hatfield, Hertfordshire, to the rear of the marketplace close to other local shops and opposite a free car park.

The area is easily accessible from the A1 (M) and has a good network of public transport with good bus connections and railway station.

Premises

There are lockable double opening gates to the front of the premises leading to a small yard area giving mot parking and access to the garage via double opening doors.

Outside of the premises is a hatched area specifically for parking for the motorcycles either being sold or serviced by Twist & Go.

The garage service area has an mot area and service area with two motorcycle ramps.

There is also a Ti Cripton brake tester, mot weight machine, tyre machine and other tools to suit the trade.

Service counter.

Off the main garage is a small office with mot computer, kitchenette with WC off and a ladder leading to the mezzanine level for storage.

Tenure

We are advised the business is being sold as a leasehold business opportunity.

Our vendor has a rolling lease and currently pays £9,000 per annum rent.

The landlord will grant a new lease.

Hours

The business opening hours:

Tuesday-Saturday: 9.00am-5.00pm

These hours have been reduced to suit the pace of the owner and with the help of other staff the hours could be extended to generate more income.

Staff

The business is run and managed by our client.

Financial profile

Twist & Go generated an advised turnover of circa £68,452 as of the 2015 accounts, with a gross profit of £29,160.

What Zoopla users think of Hatfield

Overall rating:

  • currently 3.5 stars
Good - 71% (99 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
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  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
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  • 1
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  • currently stars
  • 1
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Nearby transport

  • Hatfield (Herts) (0.5 miles)
  • Welham Green (1.9 miles)
  • Welwyn Garden City (2.8 miles)
  • London Luton Airport (9.8 miles)
  • London Stansted Airport (21.5 miles)
  • London City Airport (21.5 miles)
  • Savoy Pier (18.1 miles)
  • Blackfriars Millennium Pier (18.2 miles)
  • Embankment Pier (18.2 miles)

Nearby schools

View all schools in Welwyn Hatfield
  • Hatfield Community Free School (0.3 miles)
  • Southfield School (0.3 miles)
  • St Philip Howard Catholic Primary School (0.4 miles)
  • Oaklands College (2.7 miles)
  • St Albans Independent College (4.7 miles)
  • The Elstree UTC (7.2 miles)
  • Bishop's Hatfield Girls' School (0.3 miles)
  • Onslow St Audrey's School (0.3 miles)
  • Stanborough School (1.9 miles)
Note: Distances are straight line measurements

Local info for Welwyn Hatfield

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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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